The writer of a put or call is the
A) the institution that brings buyers and sellers of an option together in a transaction.
B) can limit risk by letting the option expire unexercised.
C) party who creates an option by selling it.
D) party who guarantees that the terms of the option will be satisfied.
Answer: C
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A merger occurs when one company uses capital resources such as stock, debt, or cash to purchase another company.
Answer the following statement true (T) or false (F)
Dan's Drugstore sells medicine to consumers for $20 that only cost $2 to produce. Critics accuse Dan's of ________
A) deceptive promotion B) deceptive packaging C) false advertising D) excessive markups E) redlining
Use the following information about the current year's operations of a company to calculate cash provided by operations. Net income$200,000 Increase in Accounts Payable 5,000 Increase in Accounts Receivable 7,000 Decrease in Merchandise Inventory 10,000 Increase in Salaries Payable 6,000 Depreciation Expense 10,000 Loss on Sale of Equipment 6,000
A. $230,000. B. $232,000. C. $218,000. D. $198,000. E. $186,000.
Ohio Phone, a regulated company, sends a flyer to customers with their monthly bill. One flyer tells customers that the Ohio Phone Comm. does not let the company charge fair prices and that the quality of phone service will fall. The Commission orders the company to stop sending mailings that discuss these issues, since the customers are forced to pay for the mailings as a part of their service
The Supreme Court is likely to say that such mailings: a. are constitutional under the First Amendment b. are constitutional under the commerce clause?the states may not ban such mailings c. may be prohibited under the Constitution because the First Amendment does not protect political speech byregulated companies d. may be prohibited under the commerce clause because state regulation of utility monopolies is nearly unlimited e. could not be addressed by the U.S. Supreme Court; it is a matter for Ohio law