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rodikova [14]
2 years ago
11

A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in th

e afternoon. The premium paid on the call is $5.05. What is the net profit or loss from buying the call just prior to 4 pm on November 18 if at this time the stock price per share of MassComputer is: a.$102.32 Answer:The net profit is $ -2.73 b.$97.62 Answer:The net profit is $ -7.43
Business
1 answer:
strojnjashka [21]2 years ago
6 0

Answer and Explanation:

The computation is shown below:

In the case when the stock price is $102.32

So, the net profit is

= $102.32 - $100 - $5.05

= -$2.73

In the case when the stock price is $97.62 is

= $97.62 - $100 - $5.05

= -$7.43

Hence, the same would be considered and relevant too

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On January 10, Molly Amise uses her Lawton Co. credit card to purchase merchandise from Lawton Co. for $1,700. On February 10, M
AVprozaik [17]

Answer:

the journal entry are given below

Explanation:

given data

On January 10

purchase merchandise = $1,700

On February 10

amount due = $1,700

On February 12

Molly pays = $1,100

On March 10

amount due & interest = 1% per month

solution

Interest revenue to be recorded on March 10 that is calculated as

Unpaid balance as of February 12 = $1700 - $1100 = $600

and interest rate = 1% per month

so

Interest revenue = $600 × 1% = $6

so the journal entry are

date                          account title                                   debit            credit

January 10                account receivable                      $1700                                                           sales revenue                                                   $1700

February 12              cash                                               $1,100

                                 sales revenue                                                       $1100

March 10                   account receivable                      $6

                                 interest revenue                                                    $6

5 0
2 years ago
One of the long-run effects of higher government budget deficits is growth in the economy's private sector at the same time the
saveliy_v [14]

Complete Question:

One of the long-run effects of higher government budget deficits:

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B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.

D. an increase in the government's share of the nation's economic activity.

Answer:

D. an increase in the government's share of the nation's economic activity.

Explanation:

One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).

A government budget deficit arises when government expenses exceed it's revenue.

It usually expresses the financial health of a nation over a period of time.

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Answer:

manufacturing organization

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5 0
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Answer:

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