Exercise 4.34. Suppose that you sell for $15 a call option with a strike price of...

Exercise 4.34. Suppose that you sell for $15 a call option with a strike price of $49, sell for $7 a call option with a strike price of $59, and buy for $10 each two call options with a strike price of $54. Assume a zero rate of interest.

(a) What is the maximum profit possible on the exercise date?

(b) What is the maximum loss possible on the exercise date?

(c) What is the maximum stock price at the exercise date that will result in you breaking even?

In: Finance

Write a statement that opens the file 'final.txt' in append mode and assigns it to my_file....

Write a statement that opens the file 'final.txt' in append mode and assigns it to my_file. PYTHON

In: Computer Science

In Python 3. Design, implement, and test a network application that maintains an online phonebook. The...

In Python 3. Design, implement, and test a network application that maintains an online phonebook. The data model for the phonebook is saved in a file on the server’s computer. Clients should be able to look up a person’s phone number or add a name and number to the phonebook. The server should handle multiple clients without delays.

In: Computer Science

As reported in "Runner's World" magazine, the times of the finishers in the New York City...

As reported in "Runner's World" magazine, the times of the finishers in the New York City 10 km run are normally distributed with a mean of 61 minutes and a standard deviation of 9 minutes. Let x denote finishing time for the finishers. a) The distribution of the variable x has mean ___ and standard deviation ___ b) The distribution of the standardized variable z has mean ___ and standard deviation ___ c) The percentage of finishers with times between 35 and 75 minutes is equal to the area under the standard normal curve between ___ and ___ d) The percentage of finishers with times exceeding 88 minutes is equal to the area under the standard normal curve that lies to the ___ of ___

In: Math

The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown...

The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown below.

HAMAN ACCOUNTING
Trial Balance
December 31, 2019
ACCOUNT NAME DEBIT CREDIT
Cash 6,800
Accounts Receivable 2,800
Supplies 1,800
Prepaid Rent 20,000
Equipment 19,000
Accounts Payable 9,400
Erik Haman, Capital 25,500
Erik Haman, Drawing 3,800
Fees Income 25,000
Salaries Expense 3,800
Utilities Expense 1,900
Totals 59,900 59,900
  1. Prepare an income statement for the Haman Accounting Services for the month ended December 31, 2019.
  2. Prepare a statement of owner’s equity for Haman Accounting Services for the month ended December 31, 2019.
  3. Prepare a balance sheet for Haman Accounting Services as of December 31, 2019.

Complete this question by entering your answers in the tabs below.

  • Income Statement
  • Owners Equity
  • Balance Sheet

Prepare a statement of owner’s equity for Haman Accounting Services for the month ended December 31, 2019. (Input all amounts as positive values.)

  • Income Statement
  • Owners Equity
  • Balance Sheet

Prepare an income statement for the Haman Accounting Services for the month ended December 31, 2019. (Input all amounts as positive values.)

HAMAN ACCOUNTING SERVICES
Income Statement
Month Ended December 31, 2019
Revenue
Expenses
Total expenses 0
$0
HAMAN ACCOUNTING SERVICES
Statement of Owner's Equity
Month Ended December 31, 2019
$0
HAMAN ACCOUNTING SERVICES
Balance Sheet
December 31, 2019
Assets Liabilities
Owner's Equity
Total assets $0 Total liabilities and Owner's equity $0

In: Accounting

Respond to the following in a minimum of 175 words: The standard error of the estimate...

Respond to the following in a minimum of 175 words:

The standard error of the estimate of the mean is represented by the equation: σ√n Discuss what this equation means, using your own words and explain why we use it. Consider how it relates to the fact that we are making assumptions about the population and not just the sample.

In: Math

We will abbreviate Malonic acid, CH2(CO2H)2 as H2M. Find the pH and concentrations of H2M, HM-,...

We will abbreviate Malonic acid, CH2(CO2H)2 as H2M. Find the pH and concentrations of H2M, HM-, and M^2- in a) .1 M H2M b) .1 M NaHM c) .1 M Na2M

In: Chemistry

Anna is a Vice President at the J Corporation. The company is considering investing in a...

Anna is a Vice President at the J Corporation. The company is considering
investing in a new factory and Anna must decide whether it is a feasible
project. In order to assess the viability of the project, Anna must first calculate
the rate of return that equity holders expect from the company stock. The  
annual returns for J Corp. and for a market index are given below. Currently,
the risk-free rate of return is 1.2% and the market risk-premium is 3.1% .
a) What is the beta of J Corp.'s stock? Enter Answer
(1 Mark)(Round your answer to two decimal places)
b) Using the CAPM model, what is  the expected rate of return on J Corp. stock for the coming year? Enter Answer
(Round your answer to one one-hundreth of a percent)
Year J Corp. Return (%) Market Return (%) Enter your Final Answer Here
1 -12.38 -6.10
2 17.44 8.81
3 24.14 12.16
4 28.14 14.16
5 -32.98 -16.40
6 31.46 15.82
7 9.26 4.72
8 25.94 13.06
9 18.02 9.10
10 19.44 9.81
11 -10.96 -5.39
12 -16.98 -8.40

In: Finance

what is an accounting entity ? what are the two most crucial aspectd of this accounting...

what is an accounting entity ?
what are the two most crucial aspectd of this accounting entity concept ?

In: Accounting

An employee of a small software company in Minneapolis bikes to work during the summer months....

An employee of a small software company in Minneapolis bikes to work during the summer months. He can travel to work using one of three routes and wonders whether the average commute times (in minutes) differ between the three routes. He obtains the following data after traveling each route for one week.

Route Minutes
Route 1 27
Route 1 34
Route 1 25
Route 1 31
Route 1 28
Route 2 25
Route 2 25
Route 2 26
Route 2 25
Route 2 26
Route 3 29
Route 3 20
Route 3 26
Route 3 21
Route 3 21
ANOVA
Source of Variation Df Sum Sq Mean Sq F value Pr(>F)
Section
Residuals

Use Tukey’s HSD method at the 5% significance level to determine which routes' average times differ. (Round difference to 1 decimal place, confidence interval bounds to 2 decimal places, and p-values to 3.)

Population Mean Difference diff lwr upr p adj Do the average times differ?
Route 2 - Route 1
Route 3 - Route 1
Route 3 - Route 2

In: Math

python College is an investment. Tuition can range from $3,000 to $20,000 for a full-time student...

python

College is an investment. Tuition can range from $3,000 to $20,000 for a full-time student per semester. It seems like every year the cost continues to increase. It has been announced that the average tuition will increase by 5 percent each year for the next 4 years. To help students manage the cost of college, write a program that allows the students to input their full-time tuition cost per semester and then using a loop displays the projected semester tuition amount for the next 4 years.

Ex.

Enter the full-time student tuition per semester:
5000

  • In 1 year, the tuition will be $5250.00
  • In 2 years, the tuition will be $5512.50
  • In 3 years, …
  • In 4 years, …

when 10000

Enter the full-time student tuition per semester: - In 1 year, the tuition will be $10500.00.

-In 2 years, the tuition will be $11025.00.

In 3 years, the tuition will be $11576.25.

here is what i got

def main():

amount=5000.0

print('Enter the full-time student tuition per semester:')

for i in range(1,5):

amount=amount+(amount*0.05)

if i is 0:

print('- In '+str(i)+' year, the tuition will be $'+str((amount))+'.')

elif i is 5:

print('- In '+str(i)+' years, the tuition will be $'+str(round(amount, 2))+'2.')

else:

print('- In '+str(i)+' years, the tuition will be $'+str(round(amount,2))+'.')


if __name__=="__main__":

main()

In: Computer Science

The E. coli chromosome contains 4,639,221 bp. (a) How many turns of the double helix must...

The E. coli chromosome contains 4,639,221 bp.
(a) How many turns of the double helix must be unwound during replication of the E. coli chromosome?
(b) From the data in this chapter, how long would it take to replicate the E. coli chromosome at 37 °C if two replication forks proceeded from the origin? Assume replication occurs at a rate of 1,000 bp/s. Under some conditions E. coli cells can divide every 20 min. How might this be possible?
(c) In the replication of the E. coli chromosome, about how many Okazaki fragments would be formed? What factors guarantee that the numerous Okazaki fragments are assembled in the correct order in the new DNA?

In: Anatomy and Physiology

QUESTION 14 445 moles of NADH are produced by the Citric Acid Cycle (CAC). How many...

QUESTION 14

  1. 445 moles of NADH are produced by the Citric Acid Cycle (CAC). How many moles of glucose needed to be broken down during glycolysis in order to produce enough pyruvate for the CAC to produce this many moles of NADH?

    Note: Brock, a Biology of Microorganisms considers the synthesis of Acetyl-CoA to be part of the Citric Acid Cycle. This is different than what you may have learned in BIOL-151 where the Morris Book considers Acetyl Co-A Synthesis a seperate step. See page 89 of Brock for full details.

    Round your answer to one decimal place.

QUESTION 15

  1. If 82 moles of ATP are produced by glycolysis, how many moles of glucose were broken down?

    For every molecule of glucose broken down, 2 molecules of ATP are generated.

QUESTION 16

  1. NADH and FADH are produced by the Citric Acid Cycle (CAC) and these electron shuttles go on to the Electron Transport Chain (ETC). A mole of NADH will produce 3 moles of ATP from the ETC. A mole of FADH2 will produce 2 moles of ATP from the electron transport chain. A single mole of pyruvate will produce 4 moles of NADH and 1 mole of FADH2 from the CAC. Therefore, every  14 moles of ATP came from 1 mole of pyruvate.

    Given:

    The ETC produced 78 moles of ATP from the products of the CAC.

    Find:

    How many moles of pyruvate entered the CAC?

    Note: Brock, a Biology of Microorganisms considers the synthesis of Acetyl CoA from Pyruvate to be part of the Citric Acid Cycle. This is different than what you may have learned in BIOL-151 where the Morris Book considers Acetyl Co-A Synthesis a separate step. See page 89 of Brock for full details.

    Round your answer to one decimal place.

In: Biology

compare china's credit and real estate boom of the 2010s with the japanese asset price bubble...

compare china's credit and real estate boom of the 2010s with the japanese asset price bubble of the 1980s ? what is similar and what is different ?

In: Economics

1- Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 156,100...

1-

Break-Even Sales Under Present and Proposed Conditions

Darby Company, operating at full capacity, sold 156,100 units at a price of $108 per unit during the current year. Its income statement is as follows:

Sales $16,858,800
Cost of goods sold 5,976,000
Gross profit $10,882,800
Expenses:
Selling expenses $2,988,000
Administrative expenses 1,800,000
Total expenses 4,788,000
Income from operations $6,094,800

The division of costs between variable and fixed is as follows:

Variable Fixed
Cost of goods sold 60% 40%
Selling expenses 50% 50%
Administrative expenses 30% 70%

Management is considering a plant expansion program for the following year that will permit an increase of $1,296,000 in yearly sales. The expansion will increase fixed costs by $172,800, but will not affect the relationship between sales and variable costs.

Required:

1. Determine the total variable costs and the total fixed costs for the current year.

Total variable costs $
Total fixed costs $

2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year.

Unit variable cost $
Unit contribution margin $

3. Compute the break-even sales (units) for the current year.
units

4. Compute the break-even sales (units) under the proposed program for the following year.
units

5. Determine the amount of sales (units) that would be necessary under the proposed program to realize the $6,094,800 of income from operations that was earned in the current year.
units

6. Determine the maximum income from operations possible with the expanded plant.
$

7. If the proposal is accepted and sales remain at the current level, what will the income or loss from operations be for the following year?
$

8. Based on the data given, would you recommend accepting the proposal?

  1. In favor of the proposal because of the reduction in break-even point.
  2. In favor of the proposal because of the possibility of increasing income from operations.
  3. In favor of the proposal because of the increase in break-even point.
  4. Reject the proposal because if future sales remain at the current level, the income from operations will increase.
  5. Reject the proposal because the sales necessary to maintain the current income from operations would be below the current year sales.

Choose the correct answer.

2-

Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Port Ormond Carpet Company had the following inventories:

Finished Goods $6,200
Work in Process-Spinning Department 1,100
Work in Process-Tufting Department 2,700
Materials 4,200

Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows:

Jan. 1 Materials purchased on account, $81,200
2 Materials requisitioned for use:
Fiber—Spinning Department, $43,000
Carpet backing—Tufting Department, $34,200
Indirect materials—Spinning Department, $3,500
Indirect materials—Tufting Department, $2,800
31 Labor used:
Direct labor—Spinning Department, $27,600
Direct labor—Tufting Department, $17,900
Indirect labor—Spinning Department, $11,800
Indirect labor—Tufting Department, $11,700
31 Depreciation charged on fixed assets:
Spinning Department, $5,300
Tufting Department, $3,700
31 Expired prepaid factory insurance:
Spinning Department, $1,300
Tufting Department, $1,100
31 Applied factory overhead:
Spinning Department, $22,200
Tufting Department, $18,950
31 Production costs transferred from Spinning Department to Tufting Department, $86,000
31 Production costs transferred from Tufting Department to Finished Goods, $150,400
31 Cost of goods sold during the period, $153,400
Required:
1. Journalize the entries to record the operations, using the dates provided with the summary of manufacturing operations. Refer to the Chart of Accounts for exact wording of account titles.
2. Compute the January 31 balances of the inventory accounts.
3. Compute the January 31 balances of the factory overhead accounts.

In: Accounting