Wesleyville markets stock is selling for $47.60 a share. the six-month 67.60 call on rock land stock is selling for $2.60 while the six-month 67.60 put is priced at $7.60. what is the continuously compounded risk-free rate of return?

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.