Buckson Framing's cost formula for its supplies cost is $1,350 per month plus $18 per frame. For the month of June, the company planned for activity of 716 frames, but the actual level of activity was 713 frames. The actual supplies cost for the month was $14,820. The supplies cost in the flexible budget for June would be closest to:

A) $14,820
B) $14,184
C) $14,178
D) $14,238

The marginal-cost curve intersects the average-total-cost curve at the minimum point of the marginal-cost curve.

Unlimited liability is an advantage of a sole proprietorship.

What would be the profit or loss per share of stock to an investor who bought an October expiration Apple call option with an exercise price of $130 if Apple closed on the expiration date at $120? Assume the option premium was $3.00.

A) $0
B) $3.00 gain
C) $3.00 loss
D) $7.00 gain