Answer: Net loss = $2
Explanation:
Given that,
Purchase one IBM July 120 put contract for a premium of $5
IBM stock is at $123 per share on the market
In buying these kind of call option, a person can makes the profit if the future price of the share is greater than the strike price.
Here,
Profit = $123 - $120 = $3
But, we have to deduct the premium paid that is $5
Therefore,
Net loss = Profit - premium paid
= 3 - 5
=$2 ⇒ This much loss realize on a the investment.
I inferred want to know more about free trade agreements.
<u>Explanation:</u>
Put simply, a <u>free trade agreement</u> occurs between two or more countries, in which the agreement removes barriers of trade (imports and exports) between the Countries.
For example, if country A sells shoes to country B, <em>under</em> a free trade agreement there will be no government tariffs imposed by country B on the goods imported from country A.
A car purchase would be an example of a short term financial goal.
Answer:
Four breed types have been recognized, the Ilocos in northwestern Luzon, Batangas in southwestern Luzon, Iloilo on Panay island, and Batanes Black on the Batanes Islands between Luzon and Taiwan.
Answer:
$133,100
Explanation:
Given that,
Finished goods inventory, April 1 = $33,400
Finished goods inventory, April 30 = $27,300
Total cost of goods manufactured = $127,000
Cost of goods sold:
= Cost of goods manufactured + Beginning Finished goods inventory - Ending Finished goods inventory
= $127,000 + $33,400 - $27,300
= $133,100
Therefore, the cost of goods sold for April is $133,100.