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nadezda [96]
3 years ago
15

You purchased six call option contracts on ABC stock with a strike price of $32.50 when the option was quoted at $1.65. The opti

on expires today when the value of ABC stock is $34.60. Ignoring trading costs and taxes, what is the net profit or loss on this investment
Business
1 answer:
snow_lady [41]3 years ago
4 0

Answer:

$270

Explanation:

Calculation to determine the net profit or loss on this investment

Using this formula

Total profit/Loss =Stock value -Strike price-Option quoted)×100×Call option

Let plug in the formula

Total profit = ($34.60 - $32.50 - $1.65) × 100 × 6

Total profit =$0.45×100×6

Total profit= $270

Therefore the net profit on this investment is $270

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When Kimberly begins working for Pharmco Industries the company tells her that at a future after so many years of employment wit
Fofino [41]

Answer:

The correct answer is a. vested.

Explanation:

Retirement is the administrative act by which an active worker, whether self-employed or employed, goes into a passive or inactive situation, after reaching the maximum age, or due to serious chronic illness or disability. He then obtains a monetary benefit for the rest of his life. The labor legislation of each country stipulates different conditions in this regard.

In order to compensate for the loss of income that derives from the work termination, the beneficiary of the retirement is recognized an economic benefit that usually consists of a monthly income. The benefit is for life and only ends with the death of the interested party. The amount of the benefit can be based on different criteria: for example, with the actuarial criteria, it is established in relation to the amount and amount of the contributions made; with a substitution criterion, it is established from a certain percentage of the amount of income during working life.

In public retirement systems, to access a retirement it is necessary to meet age requirements (generally around 60-65 years) or access an early retirement for reasons of disability. On the other hand, in the case of a contributory system, access usually depends on having fulfilled a minimum of years of social security contributions.

4 0
3 years ago
trini started a new office job and her supervisor trained her for the position. however, her supervisor was not an adequate trai
DENIUS [597]

Based on the information given, it can be deduced that the supervisor lacks an appropriate communication pattern, therefore, he lacks<u> communication competence.</u>

Communication competence simply means the degree to which the goals of a communicator are achieved through appropriate and effective interaction.

From the information given, it can be seen that the supervisor lacks an appropriate communication pattern, therefore, he lacks communication competence. His information isn't effectively passed to the subordinates.

Read related link on:

brainly.com/question/25590212

5 0
3 years ago
Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is:_____.
Darina [25.2K]

Ignoring income taxes, the annual net income amount used to calculate the Accounting Rate of Return is Average Annual Profit / Average Investment.

The Accounting Rate of Return (ARR) is the average net income which an asset is expected to generate divided by its average capital cost, and thus it is expressed as an annual percentage.

The ARR's formula is used to make capital budgeting decisions. It is used in situations where companies are deciding on whether or not to invest in an asset based on its expected future net earnings.

Hence, the Accounting Rate of Return is calculated by Average Annual Profit / Average Investment.

To learn more about Accounting Rate of Return (ARR) here:

brainly.com/question/12988548

#SPJ4

6 0
1 year ago
On September 1, 2012, Valdez Company reacquired 16,000 shares of its $10 par value common stock for $15 per share. Valdez uses t
galben [10]

Answer:

d. Treasury Stock for $240,000

Explanation:

The journal entry for re-acquisition of the stock under the cost method is shown below:

Treasury stock A/c Dr $240,000

    To Cash A/c                         $240,000

(Being the stock are reacquired for cash)

The $240,000 amount should be come from

= Number of shares × common stock per share

= 16,000 shares × $15

= $240,000

Since the stock is reacquired so we used the treasury stock account instead of the common stock account

7 0
3 years ago
Which of the following would count as a SMART (specific, measurable, attainable, realistic, and timely) goal for a 21-year-old r
Sergeeva-Olga [200]

<u>Note:</u>

<u>I was unable to find the complete question. The only thing I accessed successfully was the solution of the question.</u>

Answer:

Reduce student loan balances by $12,000 within 5 years by making extra payments of $200 each month.

Explanation:

The reason is that the reduction in the student loan is:

Specific as it addresses about the solution of the plan which in this case is paying extra $200 each month.

Measurable as the student loan reduction is by $12,000, time duration and the extra payment is also measurable.

Attainable as the each month extra payment of $200 is not large amount.

Realistic as the reduction by $12,000 is computed on appropriate grounds ($200 per month * 12 month * 5 years).

Timely as the achievement duration of the goal set is 5 years.

Hence the goal is SMART.

3 0
3 years ago
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