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gizmo_the_mogwai [7]
1 year ago
7

You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercise

d until the expiration date, if at all. If the spot rate on the expiration date is $.58, your net profit per unit is:
Business
1 answer:
natita [175]1 year ago
5 0

Answer:

Net Profit = (0.61-0.58) - 0.02

                = 0.01

Explanation:

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On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
morpeh [17]

Dec 31              Management Services ....................................$1875

                           To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)


6 0
2 years ago
Read 2 more answers
"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish
arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -<u>Therefore, in order to strike the fish you should aim below where the  fish appears to be. -Answer is( 2) Below; directly</u>

With a laser, you would aim directly at the fish <u>-Answer is (1) none of the above</u>

Explanation:

 

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

<u>Therefore, in order to strike the fish you should aim below where the </u>

<u>fish appears to be. -Answer is( 2) Below; directly</u>

 

(b) When you use a laser gun to zap  the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, <u>in order to </u>

<u>hit the fish you should aim you laser gun directly where the fish </u>

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7 0
1 year ago
In a situation of neither input nor output fixed, the proper economic criterion is to _________________. A. Maximize the output
arsen [322]

Answer:

D. Maximize (outputs - inputs)

Explanation:

The input is the raw material, labor, the efforts that is used in making the product while the output is the product or the result arising from the input

The profit arises when output and the input varies from each other

i.e

Profit = Output - input

In the case where there is neither an input nor output fixed, so we have to maximize the profit i.e (output - input) but the condition is that they are different from each other

Hence, the correct option is D.

6 0
1 year ago
Food For Less (FFL), a grocery store, is considering offering one hour photo developing in their store. The firm expects that sa
Alexeev081 [22]

Answer:

D.- 90,000 incremental sales revenues is closest to 70,000

Explanation:

the revenue for his new machine is 150,000 However, the revenues on his overnight film processing will decrease by 60%

Overnight film processing decreases:

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Net Effect: 150,000 - 60,00 = 90,000

Sales will increase by 90,000 Is important to notice we are asked for which is closest. Not the exact answer. We can conclude from the options that 70,000 is the closest option.

5 0
2 years ago
In this hypothetical situation, Donald and his college girlfriend Melania are visiting Las Vegas on a field trip from their univ
AysviL [449]

Answer: Yes, they are legally married because of the full faith and credit clause of the U.S. Constitution.

Explanation:

There is a clause in the United States constitution that states people can marry in another state and is legally binding unless there is a public policy in place in the state. If a person marries in Las Vegas and gets a marriage certificate, the marriage is valid in any state including Texas.

The requirements to marry in Las Vegas are not as restricting as some states. There is no blood test needed, no waiting period, and as long as the adults are consenting and over the age of 18 they can legally wed.

7 0
2 years ago
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