Question

In: Finance

December, 2019, Alibaba Ltd                                       &nb

December, 2019, Alibaba Ltd

                                                                 Last sale price $16.00

                                    Calls – Last                                          Puts - Last

Strike Price       Jun          July         Aug                   Jun          July          Aug        

               $16.00        36 cents   48 cents   72 cents             24 cent   27 cents     32 cents

Solutions

Expert Solution

Solution.>

I have solved this question in Excel. The formula used are written along with the values. If you still have any doubt, kindly ask in the comment section.

Note: Give it a thumbs up if it helps! Thanks in advance!


Related Solutions

P18.1  Anthony Ltd. began business on January 1, 2019. At December 31, 2019, it had a $58,500...
P18.1  Anthony Ltd. began business on January 1, 2019. At December 31, 2019, it had a $58,500 balance in the Deferred Tax Liability account that pertains to property, plant, and equipment acquired on July 1, 2019 at a cost of $900,000. The property, plant, and equipment is being depreciated on a straight-line basis over six years for financial reporting purposes, and is a Class 8—20% asset for tax purposes. Anthony's income before income tax for 2020 was $60,000. Anthony Ltd. follows...
The following information relates to ABC Ltd., for the year ended 31st December, 2019.
The following information relates to ABC Ltd., for the year ended 31st December, 2019.             Sales……………………………………………………………….. Rs.2,000,000.             EBID ………………………………………………………………. 40% of sales.             Ordinary Shares capital of par value Rs.10/each……………… Rs.800,000.             8% Preference shares Capital of par value Rs.100/ each………. Rs.500,000.             10% Bonds payable of par value Rs.1000/each…………………. Rs.400,000.             Reserves and surplus………………………………………………Rs.250,000.             Current liabilities…………………………………………………..Rs.250,000. Tax rate is 30%.             Market price of share is Rs.20 each.             Dividend payout ratio is 60%. Required; Compute and comments on each of the following ratios a)Earning per...
Mooney Ltd. completed the construction of an office building for £2,400,000 on December 31, 2019. The...
Mooney Ltd. completed the construction of an office building for £2,400,000 on December 31, 2019. The company estimated that the building would have a residual value of £0 and a useful life of 40 years. A more detailed review of the expenditures related to the building indicates that £300,000 of the total cost was used for personal property and £180,000 for land improvements. The personal property has a depreciable life of 5 years and land improvements have a depreciable life...
Question 2 The extracts from the trial balance of Tall Ltd as at 31 December 2019...
Question 2 The extracts from the trial balance of Tall Ltd as at 31 December 2019 are: K’000 K’000 Land (K5 million) and buildings – at cost 55,000 Plant and equipment – at cost 58,500 Accumulated depreciation at 1 January 2018 : buildings 20,000 : plant and equipment 34,500 The following notes are relevant: Non-current assets: The price of property has increased significantly in recent years and on 1 January 2019, the directors decided to revalue the land and buildings....
Fuller Corp. Balance Sheet at Dec 31, 2019                                   &nb
Fuller Corp. Balance Sheet at Dec 31, 2019                                                                     AAssets 2019 2018 CCash $12,000 $33,750 AAccounts Receivables 65,250 58,500 IIInventories 30,000 24,000 LLong term investments (FV-NI) 23,250 40,500 EEquipment 30,000 18,750 AAccumulated Depreciation- equipment (5,625) (2,250) BBuilding 67,500 56,250 AAccumulated Depreciation- building (13,500) (9,000) LLand 32,500 32,500 TTotal Assets $241,375 $253,000 LLiabilities & Shareholder’s Equities AAccounts Payable 30,000 24,750 AAccrued Payables 2,375 1,125 IIIncome tax payable 1,000 1,500 LLong term note payable 26,000 31,000 CCommon Shares, issued & outstanding 150,000 150,000...
On December 31, 2019, Mills Manufacturing Ltd. had a $197,000 balance in its Accounts Receivable and...
On December 31, 2019, Mills Manufacturing Ltd. had a $197,000 balance in its Accounts Receivable and a $10,400 balance in its Allowance for Doubtful Accounts. During 2020, the company made total sales of $858,000, of which $225,000 were cash sales. By the end of the year, Mills had received payments of $552,000 from its customers on account. The company also wrote off as uncollectible $13,300 of its receivables when it learned that these customers had declared bankruptcy. The company was...
23-2. December 31 2017                         2016 33,500              &nb
23-2. December 31 2017                         2016 33,500                         13,000 Cash 12,250                         10,000 Accounts Receivable 12,000                         9,000 Inventory 0                                  3,000 Long-Investments 0                                  29,750 Building 0                                  (6,000) Accumalted depreciation on building 45,000                         20,000 Equipment (2,000)                        (4,500) Accumlated depreciation on equipment 5,000                           9,250 Patents 105,750                       83,500 Total Assets 5,000                           3,000 Accounts Payable 1,000                           5,000 Dividends Payable 4,000                           8,500 Short-term Notes Payables 32,000                         25,000 Long term notes payable 39,000                         30,000 Common stock 6,000                            3,000...
23-2. December 31 2017                         2016 33,500              &nb
23-2. December 31 2017                         2016 33,500                         13,000 Cash 12,250                         10,000 Accounts Receivable 12,000                         9,000 Inventory 0                                  3,000 Long-Investments 0                                  29,750 Building 0                                  (6,000) Accumalted depreciation on building 45,000                         20,000 Equipment (2,000)                        (4,500) Accumlated depreciation on equipment 5,000                           9,250 Patents 105,750                       83,500 Total Assets 5,000                           3,000 Accounts Payable 1,000                           5,000 Dividends Payable 4,000                           8,500 Short-term Notes Payables 32,000                         25,000 Long term notes payable 39,000                         30,000 Common stock 6,000                            3,000...
23-2. December 31 2017                         2016 33,500              &nb
23-2. December 31 2017                         2016 33,500                         13,000 Cash 12,250                         10,000 Accounts Receivable 12,000                         9,000 Inventory 0                                  3,000 Long-Investments 0                                  29,750 Building 0                                  (6,000) Accumalted depreciation on building 45,000                         20,000 Equipment (2,000)                        (4,500) Accumlated depreciation on equipment 5,000                           9,250 Patents 105,750                       83,500 Total Assets 5,000                           3,000 Accounts Payable 1,000                           5,000 Dividends Payable 4,000                           8,500 Short-term Notes Payables 32,000                         25,000 Long term notes payable 39,000                         30,000 Common stock 6,000                            3,000...
23-2. December 31 2017                         2016 33,500              &nb
23-2. December 31 2017                         2016 33,500                         13,000 Cash 12,250                         10,000 Accounts Receivable 12,000                         9,000 Inventory 0                                  3,000 Long-Investments 0                                  29,750 Building 0                                  (6,000) Accumalted depreciation on building 45,000                         20,000 Equipment (2,000)                        (4,500) Accumlated depreciation on equipment 5,000                           9,250 Patents 105,750                       83,500 Total Assets 5,000                           3,000 Accounts Payable 1,000                           5,000 Dividends Payable 4,000                           8,500 Short-term Notes Payables 32,000                         25,000 Long term notes payable 39,000                         30,000 Common stock 6,000                            3,000...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT