An investor with no other positions buys 1 dwq jun 60 call at 3.50. if the investor exercises the call when the stock is trading at 68 and immediately sells the stock in the market, what is the investor's profit or loss? a.$450 profit. b.$350 profit. c.$450 loss. d.$350 loss.

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)