Answer: 11.59
Explanation:
From the question, we are told that the stock price a year from now will be either $130 or $90 with equal probabilities. This means that the prices have a 50% chance of occuring.
Therefore, the value of a call option with an exercise price of $110 and an expiration date 1 year from now should be worth:
= 0.5[(105 - (90/1+0.10)]
= 0.5(105 - 81.82)
= 0.5(23.18)
= 11.59
Answer:
Title VII of the CRA
Explanation:
Title VII of the Civil Rights Act (CRA) is a landmark federal law that aims to protect employees against discrimination based on race, colour, sex, nation of origin, or religion.
The act was made law in 1964.
In the given scenario a female sales representative with excellent performance review was not promoted for 8 years, while Jim a male sales representative was promoted in just 18 months.
This is a gender based discrimination and is covered by Title VII of the CRA.
Age discrimination does not apply because it addresses discrimination of employees with minimum age of 40 years.
Equity act requires that employees on the same job role are compensated equally. This does not also apply.
Rehabilitation act prevents discrimination based on disability. This does not also apply
Cash flow statement
hope this helps
Standards are set for each major production input or task, benchmarks for measuring performance and compared to the actual quantities and costs of inputs. Thus, option first, third and fourth are correct.
<h3>What is the meaning of performance?</h3>
The act of executing a ceremony, play, piece of music, and so on. The execution or achievement of work, actions, feats, and so on. It is a specific action, deed, or process.
Standards are established for each massive production input or job, serving as benchmarks for monitoring performance and being compared to real input amounts and prices. As a result, options one, three, and four are correct.
Learn more about performance here:
brainly.com/question/15466511
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Answer:
$61,500
Explanation:
Given;
Retained earnings balance at the beginning of the year = $ 308,000
Cash dividends declared for the Year = $68,750
Cash Dividends Payable at the beginning of the Year = $30,250
Cash dividends payable at the end of the year = $37,500
Now,
The Amount of cash paid for dividends = $30,250 + $68,750 - $37,500
or
The Amount of cash paid for dividends = $61,500