Which of the following creates a bull spread?
A. Buy a low strike price call and sell a high strike price call
B. Buy a high strike price call and sell a low strike price call
C. Buy a low strike price call and sell a high strike price put
D. Buy a low strike price put and sell a high strike price call
A
A bull spread is created by buying a low strike call and selling a high strike call. Alternatively, it can be created by buying a low strike put and selling a high strike put.
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Brainstorm your ____________
a. organization b. research c. content d. purpose
Thatcher Company had a January 1, credit balance in its Allowance for Doubtful Accounts of $4,000 for the current year. The following transactions and events affected the Allowance for Doubtful Accounts during the current year: Apr 15Bean's account receivable of $2,700 was deemed uncollectible.July 1Cho paid the full amount of a previously written-off account receivable. This receivable of $1,300 had been written off in the prior year.Dec 31Bad debts expense of $4,500 was recorded.What amount should appear in the allowance for doubtful accounts in the December 31, balance sheet for the current year?
What will be an ideal response?
John was driving his friend, Mary, back to her home in his new car. On the way to Mary's home, the car's brakes malfunctioned and they got into an accident. Which of the following is true in this situation?
A) Mary can recover from a strict liability lawsuit against the manufacturer of John's car. B) Mary can file a strict liability lawsuit against John. C) Mary can file a negligence lawsuit against the dealership that sold John his car. D) John can file a negligence lawsuit against the dealership from which he bought the car.
Your company has a policy of using the modified block format for letters with indented paragraphs and mixed punctuation. You have been given the authority to modify this policy to reflect the efficient keyboarding approach without eliminating any standard letter parts. What is your best recommendation to meet this objective?
a. Use modified block format with open punctuation. b. Use block format with open punctuation. c. Use modified block format with open punctuation and no paragraph indentions. d. Use memo format.