It is riskier to buy an option than to write an option

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Chairman Cat Products produces cat trees that are sold by several large pet stores. They sold 190, 210, and 208 cat trees in January, February, and March, respectively. Assuming that the first forecast value (for January) is set to 190, what is the exponential smoothing forecast for May? Assume a smoothing constant value of 0.4.

a. 190 b. 198 c. 202 d. Cannot be determined from the information given

Business

Negotiating order instruments requires either delivery or indorsement but not both

Indicate whether the statement is true or false

Business

The price for an all-day trip to the Alpine Spa is $235 and includes an hour-long massage, a facial, a manicure and pedicure and a hair styling and make-up application. Any of these services can be purchased individually for the total cost of almost $350. What kind of pricing strategy is Alpine Spa using?

A. Synchro-pricing B. Complementary pricing C. Results-based pricing D. Penetration pricing E. Price bundling

Business

Readers' Bookstore takes inventory annually and bases inventory on selling price. Beginning inventory for the year was $44,150 . Ending inventory for the year was $39,350 . Net sales for the year equal $75,150 . Compute the inventory turnover at retail

Business