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3 years ago

6

Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum

gain when a butterfly spread is created from these put options?

1 answer:

Vladimir79 [104]3 years ago

3 0

Answer:

hiii...myself tanvi new on brainly...can get some help from you plz....to know the people

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Suppose that everyone who has looked for a job for more than six months gave up in despair and stopped looking. What would happe

Alexxandr [17]

Answer:

It would fall

Explanation:

The unemployment rate measures the amount of people who are out of a job for at least 4 weeks, and are actively seeking to find a new job. If a person is not willing or able to search for a job, he/she is not considered unemployed nor part of the labor force.

If unemployed people just quit looking for jobs, the unemployment will decrease even though the number of people who are out a job increases. This happens because as soon as someone quits looking for new job, they are not considered unemployed anymore.

6 0

3 years ago

The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2016:

dybincka [34]

Answer:

a. June 30, 2016 adjusting entry for bad debt expense

Dr Bad debt expense 9,108

Cr Allowance for doubtful accounts 9,108

b. August 15, 2016, uncollectible accounts are written off

Dr Allowance for doubtful accounts 3,251

Cr Accounts receivable 3,251

c. Allowance for doubtful accounts

debit credit

June 30, 2016 $38,565

August 15, 2016 <u>$3,251 </u>

August 15, 2016 $35,314

Explanation:

Number of Days Total Accounts Historical % Total

Unpaid Receivable Uncollectible

Not yet due $128,200 3% $3,846

1-30 days past due $90,900 13% $11,817

31-60 days past due $55,300 19% $10,507

<u>Over 60 days past due $33,500 37% $12,395 </u>

Total $38,565

6 0

3 years ago

Please answer this!!! Can someone get traced and arrested for taking money out of someone else’s bank electronically account wit

Marysya12 [62]

Answer:

yes

Explanation:

cause you still did fraud

3 0

3 years ago

Tanuja Singh is a CPA and operates her own accounting firm (Singh CPA, LLC). As a single-member LLC, she reports her accounting

AnnyKZ [126]

Answer:

Tanuja is not entitled to a QBI deduction in 2019.

Explanation:

Tanuja has QBI from her accounting firm of $540,000

W-2 wages = $156,000

Unadjusted basis of property used in the LLC = $425,000

Taxable income before the QBI deduction = $475,000

Modified taxable income = $448,000.

Her accounting firm is a "specified services" business and she and her spouse's taxable income before the QBI deduction is $475,000, which exceeds the threshold for 2019.

6 0

4 years ago

You are considering the purchase of a certain stock. You expect to own the stock for the next four years. The current market pri

murzikaleks [220]

Answer:

The answer is: The expected rate of return from this investment is 26.68%

Explanation:

We are given the following cash flows for this operation:

Initial investment = -$24.50
Cash flow 1 = $1.25 (dividend year 1)
Cash flow 2 = $1.35 (dividend year 2)
Cash flow 3 = $1.45 (dividend year 3)
Cash flow 4 = $56.55 ($1.55 dividend year 4 + $55 stock's sales price)

Using an excel spreadsheet and the IRR function:

=IRR(value 1: value 5) =26.68%

where

value 1 = -24.50
value 2 = 1.25
value 3 = 1.35
value 4 = 1.45
value 5 = 56.55

7 0

4 years ago