Answer:
D) The investor can expect income from the premiums received when selling the covered calls.
Explanation:
When an investor sells covered calls, but believes that the market will remain very stable, he/she is making money by selling the calls since they shouldn't be used. By selling the calls the investor is not gaining leverage and probably will end up not selling the stocks.
If the stock prices decrease, the options will expire and if the price increases, the investor would end up selling the stock and maybe even losing money. But the key factor is that the stock price should remain stable, therefore the investor earning from selling something he/she believes is useless to other investors.
Answer:
(1) $20,000 U
(2) $15,000 U
Explanation:
(1) Effect of the sales quantity variance on the contribution margin for November:
= (Budget dresses sold - Actual dresses sold) × (Budgeted contribution margin ÷ Budgeted dresses sold)
= (6,000 - 5,000) × (120,000 ÷ 6,000)
= $20,000 unfavorable
(2) Sales price variance for November:
= [(Budgeted sales ÷ Budget dresses sold) - (Actual sales ÷ Actual dresses sold)] × Actual dresses sold
= [(300,000 ÷ 6,000) - (235,000 ÷ 5000)] × 5000
= $15,000 unfavorable
Answer:
The correct answer is A
Explanation:
The journal entry for the following is as follows:
August 9 Accounts Payable A/c..............................Dr $4,200
Inventory A/c...............................................Dr $84
To Cash A/c..............................................Cr $4,116
Working Note:
On August 5, the amount of $600 goods returns from customer, so the remaining balance is
= $4,800 - $600
= $4,200
On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is August 9. So,
= $4,200 x (100% - 2%)
= $ 4,200 x 98%
= $ 4,116
Discount = Amount - Payment amount
= $4,200 - $4,116
= $84
When you buy a United States Savings Bond, you "<span>a. loan money to the government," since the idea is that the government will pay you back your money at a later date with interest. </span>
Based on the fact that Denisha sells her jewellery on her personal website, then she is making use of:
<h3>What is Direct marketing channel?</h3>
This refers to the process of selling merchandise to the sellers without the use of intermediaries or middlemen.
With this in mind, we can see that because Denisha sells her jewellery directly to the buyers on her personal website, then she is making use of direct marketing channel,.
Read more about marketing channels here:
brainly.com/question/25339343