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Question - Six months ago, you paid $3 for an American CALL option over CBA shares. The option is currently selling for $6. The exercise price is $15, and NAB shares are currently selling for $12.
Required -
i) What is intrinsic value of this call option?
ii) What is time value of this call option?
iii) What is overall profit/loss if you exercised this call option?
What is the purpose of Schedule C? Provide examples of whom would complete this schedule. Find some resources/videos online regarding completing the Schedule C. What types of taxpayers are entitled for a home office deduction? Also, what are some thi..
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Writes off a $750 account receivable arising from a sale to Southwest Desert Accents that dates to 10 months ago.Phoenix receives a $1,000, 90-day, 10% note in exchange for brick sold to Sunset Designs. The brick cost $600.
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Yogi Bear corporation sold equipment to Magilla Company for $20,000.The equipment is on Yogi's books at a net amount of $14,000.Yogi collected $10,000 in 2007, $5000 in 2008, $5000 in 2009.If Yogi uses the cst recovery method, what amount of gros..
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