Questions
OCT 2020 PUTS - last price 7.90 ; vol - ; strike 28.00 1. You sold...

OCT 2020 PUTS - last price 7.90 ; vol - ; strike 28.00

1. You sold twenty Oct 2020 put contracts today at $7.90. Two weeks later the stock trades at $22.30 and the premium on the put is $9.90. How much money have you made or lost at this point in time?

2. Briefly explain whether selling uncovered calls is more, less or of equal risk than selling puts?

In: Finance

You are auditing XYZ Company's calendar 2019 financial statements. On January 21, 2020 while you were...

  1. You are auditing XYZ Company's calendar 2019 financial statements. On January 21, 2020 while you were still completing your fieldwork, XYZ Company successfully launched a hostile takeover of ABC, Inc. The takeover increased XYZ's net assets by 35%. XYZ had not changed their financial statements from when they drafted them on January 15, 2020. What action would you take and why?

In: Accounting

A simple random sample of 80 colleges and universities is selected, and 16 indicated will move...

A simple random sample of 80 colleges and universities is selected, and 16 indicated will move their summer 2020 classes online while the other 64 indicated they did not plan to move their summer 2020 classes online . If appropriate, use this information to test the hypotheses stated in question 10 at the a = .10 level of significance. Please type your answer in the box below.

Hypothesis: H0:   π = 0.14 versus HA: π > 0.14

In: Statistics and Probability

Becker Inc. reported net income of $560,000 on its income statement for 2020. Depreciation expense for...

Becker Inc. reported net income of $560,000 on its income statement for 2020. Depreciation expense for the year was $63,000. Over the course of the year, Becker also experienced the following changes in account balances:

Accounts payable:  $12,000 increase

Inventory:  $18,000 increase

Accounts receivable:  $9,000 decrease

Accrued liabilities:  $19,000 decrease

Prepaid insurance:  $7,000 decrease


Determine net cash provided by operating activities for 2020.

In: Accounting

what role plays the National Practitioner Data Bank in patient safety. How is abortion regulated, why...

what role plays the National Practitioner Data Bank in patient safety.

How is abortion regulated, why is abortion so controversial in the United Satates and how is it in another countries.

In: Nursing

Last year, 292 million music CDs were purchased by 112 million households in the United states.On...

Last year, 292 million music CDs were purchased by 112 million households in the United states.On the average, how many CDs were purchased in each household

In: Math

Explain the importance of international institutions to business decision-makers and their firms Outline the United Nations...

  • Explain the importance of international institutions to business decision-makers and their firms
  • Outline the United Nations as an institution and its relevance to international business

Please respond in 200-250 words

In: Economics

What are the short-term and long-term impacts of BREXIT. Should a firm relocate from the United...

What are the short-term and long-term impacts of BREXIT. Should a firm relocate from the United Kingdom to another country?  

Use examples where appropriate. (broad question)

In: Economics

The government has imposed a 50 cents gas tax in New York on NY gas stations. Many of the residents are going to the nearby states to get gas instead.

The government has imposed a 50 cents gas tax in New York on NY gas stations. Many of the residents are going to the nearby states to get gas instead. Construct a Supply and Demand graph showing the impact of the 50 cents gas tax increase in New York &the shift of some NY residents to the gas stations in nearby states.

1a) Show any shifts in the demand and/or supply curves and the resulting equilibrium Price and Quantity. Explain this situation.

1b) What can you clearly say about the effect of the two situations in 1b (increase in gas tax and residents buying gasoline from nearby states) on equilibrium quantity and the equilibrium price of gasoline purchased in NY? Explain clearly.


In: Economics

Sub-Saharan region of Africa to encompass a total of forty-seven countries. Many of these countries south...

Sub-Saharan region of Africa to encompass a total of forty-seven countries. Many of these countries south of the Sahara have been in state failure, either partial or complete collapse of state authority. This has led to an inability to provide for economic development and a source of security. These failed states have governments with little political authority or ability to impose the rule of law, and are usually associated with widespread crime, conflict, or devastating humanitarian crises. Africa's problems are myriad and intricate; the rulers in Sub-Saharan Africa have struggled to develop autonomous and cohesive states during the post colonial era giving rise to the fact that almost half of the world’s failing states are located here. Discuss the validity of these statements.

In: Economics