Answer: a.below $100
Explanation:
When a Put option is considered "in the money", it means that the underlying stock is trading at a value less than the strike price.
This is because with Put options, a person makes a profit if the underlying stock decreases to a value lower than the Strike Price because the Put option gives them to right to sell at the Strike price which means they would be selling at a value higher than the Market.
The above Put is therefore "in the money" if the underlying is selling less than the Strike price of $100.
Answer:
The answer is $23,000
Explanation:
The total net income for the first four years:
$8,000 + $5,000 + $12,000 + $10,000
=$35,000
Average annual dividends paid over the four years is $3,000
Therefore, total paid for years will be $3,000 x 4
=$12,000
So, the ending retained earnings balance will be:
$35,000 - $12,000
=$23,000
To convert prices in euros in dollars it means you should make Currency Conversion. In order to do the currency conversion you should take several steps in Excel:
1. <span>Select a blank cell next to the price in Euros and enter the formula </span>=NUMBERVALUE(A2,",",".").
Now you will have the amount. If you also want to have the symbol for dollars you should:
2. Format the cell: Right click-> Format->Currency and select the currency.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: highlight the different level of activities
Explanation:
Activity Based Costing system assigns costs to the activity that are used in production and it highlight the different level of activities.
Activity based costing system is quite different from the traditional costing systems based on the way the indirect cost is being treated.