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2 years ago

By law, a company has to ________.

Business

2 answers:

enyata [817]2 years ago

7 0

I think any of them except B

saw5 [17]2 years ago

4 0

Answer:

I'm going to use common sense and say A.

Explanation:

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"A customer holds 10 ABC Jan 60 Call contracts. ABC Corporation is paying a 20% stock dividend. On the ex date, the contracts wi

Viefleur [7K]

Answer:

On the ex date, the contracts will show as:

10 ABC Jan 60 Calls

The customer must exercise call contracts to buy the stock prior to the Ex-Date

Explanation:

The reason is that if the customer is not exercising the call contracts then it will not be able to receive the stock dividend. Furthermore, the OCC doesn't adjust the contract because of the dividend announcement prior to exercise of contract. This means it will only adjust if the contract is exercised.

The settlement of the exercise takes around 2 business working days, hence the customer must exercise the option 2 days earlier to the ex-date.

3 0

3 years ago

Flannery Corporation owns machinery with a book value of $520,000. It is estimated that the machinery will generate future cash

Aleonysh [2.5K]

Answer:

(d)$105,000.

Explanation:

Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,

= Book value of machinery - fair value of machinery

= $520,000 - $415,000

= $105,000

5 0

3 years ago

How do i find ending merchandise and cost of goods sold (accounting)

Sergio [31]

Ending merchandise = beginning Merchandise + net purchases- cost of goods sold
Cost of goods sold= beginning merchandise + purchases during the period- ending merchandise

3 0

3 years ago

The Math department also purchased a printer. After 4 years, it will have a salvage value of $200. A new printer is expected to

Aleksandr [31]

Answer:

determine the size of payments.

$202,42

Explanation:

Expected cost 2000

Salvage value old printer 200

Cost requirement 1800

FVOrdinary Annuity=C*(1+i)n-1/i

1800=c*(1+3%)>8-1/i

C=202,42

N Monthly % VF

0 202,4214999 1,00 202,42

1 202,4214999 1,06 214,57

2 202,4214999 1,12 227,44

3 202,4214999 1,19 241,09

4 202,4214999 1,26 255,55

5 202,4214999 1,34 270,89

6 202,4214999 1,42 287,14

7 202,4214999 1,50 304,37

6 0

3 years ago

Western Country Corporation made sales of $ 850 million during 2018. Of this amount, Western Country collected cash for $ 710 m

trapecia [35]

Answer:

We have to find Western Country Corporation's net income, and cash balance at the end of 2018.

The answers are:

Net Income = $200 million

Ending cash balance = $100 million

Explanation:

Net income is equal to sales revenue - cost of goods sold - other expenses

Net Income = $850 million - $255 million - 425 million

= $200 million

Ending cash balance is equal to beginning cash + cash receipts (inflows) - cash payments (outflows)

Ending cash balance = $85 million + $710 million - $400 million - $285 million

= $110 million

5 0

3 years ago