Which of the following describes European options?
A. Sold in Europe
B. Priced in Euros
C. Exercisable only at maturity
D. Calls (there are no European puts)
C
European options can be exercised only at maturity. This is in contrast to American options which can be exercised at any time. The term "European" has nothing to do with geographical location, currencies, or whether the option is a call or a put.
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What were the total sales of the Deluxe model? Sales of Toaster Ovens 2011 2012 2013 2014 2015 Super Deluxe$131,700 $128,300 $134,200 $119,400 $45,800 Deluxe56,100 123,500 83,100 115,500 51,400 Standard104,400 49,400 61,700 53,500 88,200
A. $557,400 B. $429,600 C. $357,200 D. $470,300
Which of the following is not true?
a. Accrual accounting measures the effects of transactions and events in the periods when they occur. b. Cash-basis accounting recognizes only cash receipts and disbursements. c. Under accrual accounting, firms recognize revenues when an arrangement satisfies the revenue recognition criteria, increasing net assets but not necessarily cash at the time of revenue recognition. d. Under accrual accounting, firms recognize expenses when an arrangement satisfies the expense recognition criteria, decreasing net assets but not necessarily cash at the time of expense recognition. e. Accrual accounting often uses the amount of cash received or paid in some period to measure the amount of revenues and expenses recognized during the current period, and the timing of revenue and expense recognition coincides with the timing of cash receipts and disbursements.
Answer the following statement(s) true (T) or false (F)
1. Scripts help us to understand and react to our environment by linking the observation of an event to its causes. 2. We are more likely to attribute desirable behaviors by members of our in-group to internal causes but more likely to attribute desirable behaviors of out-group members to transient external causes. 3. If a business situation is familiar to us, it may evoke a preexisting behavioral sequence, a script (Type 1 cognition). 4. Social norms are found to be a more important determinant of behavior for people from individualistic than from collectivistic societies.
Seasonal inventory is inventory that is built up to counter predictable variability in demand
Indicate whether the statement is true or false.