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. PYTHON
In: Computer Science
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 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 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 | ||
Complete this question by entering your answers in the tabs below.
Prepare a statement of owner’s equity for Haman Accounting Services for the month ended December 31, 2019. (Input all amounts as positive values.)
Prepare an income statement for the Haman Accounting Services for the month ended December 31, 2019. (Input all amounts as positive values.)
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In: Accounting
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-, 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 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
In: Accounting
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 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
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 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 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
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
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
In: Economics
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?
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