A customer buys 100 shares of XYZ at $51 and buys 1 XYZ Jan 50 Put @ $5. The breakeven point is:
A. $45
B. $46
C. $55
D. $56
D. $56
The customer paid $5 for the put and $51 for the stock, for a total outlay of $56. To breakeven, she must be able to sell the stock at $56.
To summarize, the formula for breakeven for a long stock / long put position is:
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Winston Company sells magazine subscriptions for one- to three-year subscription periods. Cash receipts from subscribers are credited to Magazine Subscriptions Collected in Advance, and this account had a balance of $9,600,000 at December 31 . 2013 . before year-end adjustment. Outstanding subscriptions at December 31 . 2013 . expire as follows: During 2014
......................................... $2,600,000 During 2015 ......................................... 3,200,000 During 2016 ......................................... 1,800,000 In its December 31 . 2013 . balance sheet, what amount should Winston report as the balance for magazine subscriptions collected in advance? a. $2,000,000 b. $3,800,000 c. $7,600,000 d. $9,600,000
A persuasive email message to promote pop-up ad blocker software has as its central selling point the protection of children from pornography. The central selling point should
a. appear early in the message when the product is introduced. b. appear at the end to reinforce the requested action. c. be reinforced throughout the message. d. be implied as the product is described.
Societal responsibility refers to
A. the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit. B. the obligation that organizations have to the preservation of ecological environment and the general public. C. the duty of a firm to maximize profits for its owners or stockholders. D. the idea that organizations are part of a larger society and are accountable to that society for their actions. E. the view that an organization has an obligation to those who can affect the achievement of its objectives.
Create a 5-activity example and use it to explain the difference between the critical path method and critical chain project management
What will be an ideal response?