Answer:
The correct answer to the following question is option C) stock options would expire on the third Friday of the expiration team .
Explanation:
Options are those type of derivatives, whose value can be derived from the underlying value of the securities and it is a type of contract between buyer and seller where they have the right to buy ( call option ) and sell ( put options ) the asset at a predetermined price and time but it is not an obligation. The stock options expires usually on the third Friday of the expiration month .
Answer:
d
Explanation:
Unearned fees is recorded on a company's statement of financial position(balance sheet) as a liability. Unearned Fees is presented as a liability because the revenue has still not been earned and relates services owed to a customer. .
See IFRS 15 for further clarity..
Answer:
$35,800
Explanation:
Gross Profit = Net sales - Cost of goods sold
= $268,100 - $145,500
= $122,600
Total Operating Expense:
= S, G & A Expenses + R&D expense
= $59,000 + $27,800
= $86,800
Operating Income = Gross Profit - Total Operating Expense
= $122,600 - $86,800
= $35,800
