You own one share of stock in BA's Best, Inc., as well as a put option on the same company with an exercise price of $40 and an expiration date one year from now. Which of the following functions describes the combined present value of the stock and the option, as a function of share price p at the expiration date? In other words, what is the current value of both assets, as a function of the future value of the stock at expiration? Assume an effective annual discount rate of 8%. a. p> 40 p < 40 P 1.08
b. 40 p < 40 1p p > 40 40 p > 40
c. p < 40
d. 40 – P 37
e. p < 40 p> 40 P 1.08

If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)

Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours. required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)