Answer: the above statement is true to some extent. Most of the businesses today are either cooperates or limited liability companies. This is because, many businesses try to remove the personal risk associated when running a business venture. Hence, they convert it into a limited liability business so the risk is only limited to the amount they invest.
However, there are still some business that are running on a smaller scale and have unlimited liability.
Answer:
Option B and C
Explanation:
A query can be run by selecting query option visible through deign view option. After selecting the appropriate option, the query must be run. This shall execute the function for the selected option.
Like wise in data sheet view, one can see the action query before running it.
Hence, option B and C are correct
<span>Answer:
For inherited property, the basis is a new basis (i.e., fair market value on the date of the decedent's death unless the executor of the estate elects the alternate valuation date and amount), also known as "stepped-up basis." The $55,000 adjusted basis for Robin's Wal-Mart shares appears to be the fair market value of the stock at the date of her aunt's death.</span>
Answer:
Profit of 3600
Explanation:
I bought the 600 shares at a price of $41.20
so, Cost of buying the shares 24720
Along with it, i also bought the put option in $1.10 with a strike price of $45.
Buying the put option able me to sell the stock in 45 regardless of the price in stock market is.
But at the expiration date, the price of stock is $48.30 (more than strike price of $45)
So, i would not sell my stock to the broker in 45 (strike price) where, i can sell this stock in stock market at $48.30
Selling this stock in 48.30
48.30*600=28980
I must pay the option premium even though i have not utilized the option.
1.10*600=660
Finally,
selling price of shares-cost of buying shares - cost of purchasing premium
28980-24720-660= 3600
