Answer:
$5.73
Explanation:
The computation of the price of the put is shown below:
= Price of the corresponding call option - current price of put option + exercise price ÷ ( 1 + effective annual risk-free rate of interest) ^ number of months ÷ total months in a year
= $4.20 - $46 + $48 ÷ ( 1 + 0.04) ^ 3 months ÷ 12 months
= $4.20 - $46 + $48 ÷ 1.0098534065
= $4.20 - $46 + 47.5316513156
= $5.73
Answer:
they encompass the entire organisation
Answer:
The incorrect statement is number (3): Workers are viewed like machinery, needed to get the job done, nothing more.
Explanation:
Lean production or Lean Manufacturing is a method of work organization that focuses on the continuous improvement and optimization of the production system by eliminating waste and all activities that do not add any value to the process. Its main purpose is to minimize the losses that arise in any manufacturing process and implement only those resources that are relevant.
<em>Lean production aims to boost employees' efficiency not necessarily automating their duties.</em>
Answer:
c. $42900
Explanation:
Calculation to determine what the correct balance of cash at May 31, 2020 is
Using this formula
Correct balance of cash =Balance per bank statement, 5/31/20+Deposit in transit, 5/31/20-Outstanding checks, 5/31/20
Let plug in the formula
Correct balance of cash=$41000+5900-4000
Correct balance of cash= $42900
Therefore correct balance of cash at May 31, 2020 is:$42900
Answer:
Dr Bad Debt Expense 16,120
Cr Allowance for Uncollectible Accounts 16,120
Explanation:
Based on the information given we were told that the company provides services of the amount of $255,000 in which the cash collections on the accounts was the amount of $131,000 and 13% of accounts receivable will be uncollectible which means that the adjusting Journal entry for uncollectible accounts on December 31, 2021 will be :
Preparation of the adjusting Journal entry for uncollectible accounts on December 31, 2021.
December 31,2021
Dr Bad Debt Expense 16,120
Cr Allowance for Uncollectible Accounts 16,120
[($255,000-$131,000)*13%]
$124,000*13%
=$16,120
