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LekaFEV [45]
2 years ago
9

You buy one Huge-Packing August 50 call contract and one Huge-Packing August 50 put contract. The call premium is $1.95, and the

put premium is $5.20. Your highest potential loss from this position is _________.
Business
1 answer:
AysviL [449]2 years ago
4 0
Aaaaaaaaaaaaa I think
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The following errors took place in journalizing and posting transactions:
yuradex [85]

Answer:

<u>Journal 1</u>

Debit : Prepaid Expense $37,600

Credit : Cash $18,800

Credit : Insurance Expense $18,800

<u>Journal 2</u>

Debit : Dividends $18,000

Credit : Wages $18,000

Explanation:

Journal 1

The first error has to be corrected by debiting the Prepaid Expenses by twice the amount paid to cancel the effect of a credit entry made to that account. Cash is credited to show the correct credit entry that was supposed to be made. Insurance expense is credited to cancel the debit entry made to this account in error.

Journal 2

The error made is called error of principle. This is were the transaction is recorded in the wrong class of accounts. Simply, Debit the Dividends and credit the Wages Account to record and reverse the error out of the Wages Account into the Dividends Account.

6 0
3 years ago
Longstreet inc. has fixed operating costs of $470,000, variable costs of $2.80 per unit produced, and its product sells for $4.0
vovangra [49]
The answer is 391 667 
I think it is right so be sure to check just in case
good luck
3 0
3 years ago
Tha tabacoo compaines have paid billions because of smoking.a. Trueb. False
Alexxx [7]

Answer:

a. True

Explanation:

As per the data collected as on April 15, 2019 which reflects the tax day in the united states. On this date, the five greatest companies who deals in tobacco  pay $9 billion to the state governments each and every year to settle out the legal proceeding for the year 1998 in order to compensate the states for the tobacco-related cost illness like - cancer, heart disease, etc

Therefore according to the above information, the given statement is true

3 0
4 years ago
What are the matters to be considered while studing market ? write in brief​
ELEN [110]

Answer:

The purpose of researching a market is to figure out how you can best attract those who are likely to buy your company's products or services. 

6 0
3 years ago
Household​ production, such as baking bread at​ home, is not included in gdp because it.
Darina [25.2K]

Household​ production, such as baking bread at​ home, is not included in GDP because it <u>does not involve a market transaction.</u>

<u></u>

<h3><u>What exactly is a market transaction?</u></h3>

The trading of commodities and services on a market. When calculating gross domestic product, the set of market transactions that take place in the economy is crucial (GDP). Market transactions offer the fundamental information that the Bureau of Economic Analysis' number crunchers use to start estimating GDP.

These number crunchers' objective is to assess economic production rather than merely market transactions. As a result, they boost economic production while removing those market transactions that do not entail it.

Learn more about GDP with the help of the given link:

brainly.com/question/16931817

#SPJ4

6 0
2 years ago
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