Given the following information on the available options, you need to hedge the underlying commodity as a producer with a zero-cost collar. A zero-cost collar means buying a put option and writing a call option that has the closest premium to the put. The underlying price is $630. You choose a one-year put option with $620 strike. Jan-21-64 Expire Strike Call Put
PV
630 Jan-21-65 500 158.4511 25.58539
630 Jan-21-65 530 138.3005 35.22183
630 Jan-21-65 560 120.0379 46.75599
630 Jan-21-65 590 103.6494 60.17585
630 Jan-21-65 620 89.07566 75.42293
630 Jan-21-65 650 76.22209 92.40239
630 Jan-21-65 680 64.969791 10.9945
630 Jan-21-65 710 55.185341 31.0646
630 Jan-21-65 740 46.72803 152.4702
630 Jan-21-65 770 39.45681 175.0686
What is the strike of the call option that you need to write to create a nearly zero-cost collar?
a. 650
b. 680
c. 710
d. 740

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.