Suppose that a stock sells at a price of $60 on the expiration date. Compute the price of a call option if the option strike price is $20

A) $20
B) $30
C) $40
D) $50


Answer: C

Business

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Use this information to answer the following question. The following totals for the month of November were taken from the payroll register of Levine Company: Salaries expense $12,000 Social security and Medicare taxes withheld 550 Income taxes withheld 2,500 Medical insurance deductions 250 Life insurance deductions 200 Salaries subject to federal and state unemployment taxes of 6.2 percent 4,000

The entry to record the accrual of federal unemployment tax (assume FUTA tax of .8 percent) would include a a. credit to Federal Unemployment Tax Payable for $32. b. debit to Federal Unemployment Tax Payable for $32. c. debit to FUTA Tax Expense for $32. d. credit to Payroll Taxes and Benefits Expense for $32.

Business

The concept of separation of powers is based on a _____ division of power

Fill in the blanks with correct word

Business

Segmenting international markets, as contrasted with domestic markets, 

A. usually involves fewer segmenting dimensions. B. usually involves less risk because more potential target markets are available. C. may be more difficult because critical data may not be available or dependable. D. is more complicated because qualifying dimensions are not helpful. E. None of these answers is correct.

Business

Picxellate, a retail store chain, introduced a new mobile application that allows its customers to make online purchases. It also shows available products at every Picxellate store in the city for customers who wish to collect the products themselves. In this context, which dimension of the business environment is affected the most?

A. The global environment B. The political environment C. The social environment D. The technological environment

Business