If sammy scores nearly the same every time he takes a test, it can be concluded that the test is ____

Which of the following is NOT true? Group of answer choices A call option gives the holder the right to buy an asset by a certai

Setler79 [48]

Answer:The holder of a call or put option must exercise the right to sell or buy an asset.

Explanation:The holder of a right or put option has the right to exercise that power but it is not a mandatory right,he or she can decide not to exercise that power.

All other options are correct, a call or gives the holder the right to buy an asset at a certain date and at a specific price.

A put option gives the holder the right to sell an asset at a specific date and price.

The holder of a forward contract is obligated to buy or sell an asset.

3 0

2 years ago

Swanson Company has identified the following activities related to indirect production costs: Activity Activity Costs Cost Drive

julia-pushkina [17]

Answer:

Unitary cost= $11.75

Explanation:

First, we need to calculate the predetermined overhead rate for each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine Setup= 180,000/1,500= $120 per set up hour

Materials Handling= 50,000/12,500= $4 per pound

Electric Power= 20,000/20,000= $1 per kilowatt hour

Product 1:

Number of units produced 4,000

Direct Material Cost $20,000

Direct Labor Cost $12,000

Number of setup hours 100

Pounds of materials used 500

Kilowatt-hours 1,000

Now, we can determine the total cost for Product 1:

Total cost= 20,000 + 12,000 + (120*100 + 4*500 + 1*1,000)

Total cost= $47,000

Finally, the unitary cost:

Unitary cost= 47,000/4,000

Unitary cost= $11.75

4 0

2 years ago

A company's sales in year 1 were $310,000 and in year 2 were $347,500. using year 1 as the base year, the percent change for yea

Vlad1618 [11]

(347500 - 310000) ÷ 310000 × 100% =

12.0968%

8 0

2 years ago

Demski Company pays its employees on the 1st and 15th of each month. It is March 31 and Demski is preparing financial statements

Elden [556K]

Answer:

Explanation:

In the given transaction, it would impact the income statement and the balance sheet in the increment manner

That means The income statement would increase by $96,000 as it reflect the wages expense in the debit side of the income statement

And, the balance sheet would increase by $96,000 as it reflect the wages payable in the credit side of the balance statement under the current liabilities side of the balance sheet

6 0

2 years ago

Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A

USPshnik [31]

Answer:

20% is the ROI of division A

8% is the ROI of division B

16% is the ROI of division C

Explanation:

Find the attachments for the explanation

7 0

2 years ago

If sammy scores nearly the same every time he takes a test, it can be concluded that the test is _____.