User Account

All Pages

What the entry to record the purchase of the call option

Assignment Help Accounting Basics
Reference no: EM133031626

Question - On April 1, 2021, Gravel Corp. purchases a call option for $500, which gives Gravel the right to buy 1,000 shares of Diamond Inc. for $30 each until December 1, 2021. Diamond Inc. shares are currently trading for $30. At June 30, 2021, the options are trading at $4,800 and the shares at $32 each. At December 1, 2021, the options expire with no value. What the entry to record the purchase of the call option?

Reference no: EM133031626

Questions Cloud

Unit 20 Business Ethics Assignment : Unit 20 Business Ethics Assignment Help and Solution, Pearson BTEC International Level 3 Extended Diploma In Business - Assessment Writing Service
Concealment of beneficial ownership : In July 2018 FATF reported on the concealment of beneficial ownership as they were concerned that many of the tools that were designed to encourage business gro
Manufacturing planning and control strategy : The good planning strategies help the organization with the right Product, right place, right quantity and right time there are several planning strategies that
Why is the budget given this much importance at government : Why is the budget given this much importance at the government and non-for-profit levels? Why is understanding and applying the concept of "interperiod equity"
What the entry to record the purchase of the call option : At December 1, 2021, the options expire with no value. What the entry to record the purchase of the call option
What are service-oriented architectures : 1. Describe TQM, Six Sigma and CMM (CMMI). 2. What is a Structured Walk-thru? 3. What are Service-Oriented Architectures?
Relationship with the customer after the sale : Dell Computer has excelled with a fast-paced build-to-order approach that involves taking customer orders online, orchestrating production tailored to each cust
Prepare a budget performance report for the supervisor : Prepare a budget performance report for the supervisor of Department 6 of Cardinal Company for the month of March
Management information system data mining tools : Subject: Management Information System Data mining tools that are used in a data warehouse can be applied to find hidden patterns and relationships in datasets,

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd