A speculator purchases a put option for a premium of $4, with an exercise price of $30 . The stock is presently priced at $29 and rises to $32 before the expiration date. What is the maximum profit per unit to the speculator who owned the put option assuming he or she exercises the option at the ideal time?
a. -$4
b. -$3
c. -$2
d. $2
e. $3
b
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Which of the following would not typically be included as part of the balance sheet disclosures related to stockholders' equity?
a. Accumulated other comprehensive income b. Details on stock repurchases c. Price/earnings ratios for stock d. Prior period adjustments to retained earnings
When a researcher must communicate with respondents which choice of data collection method may be selected?
A) have person ask questions B) use a computer to assist or to directly ask questions C) allow respondents to answer questions themselves D) any of the above may be selected E) none of the above may be selected
Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$5,500 50% Conversion costs$1,700 20% A total of 6,800 units were started and 6,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: CostMaterials costs$158,700 Conversion costs$120,400 The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs.How many units are in ending work in process inventory in the first
processing department at the end of the month? A. 6,400 B. 1,100 C. 900 D. 700
There is no way to attach a security interest in electronic chattel paper
a. True b. False Indicate whether the statement is true or false