Answers

SM

Answered

A portfolio consists of 100 shares of stock and 1500 calls on that stock. If the hedge ratio for the call is 0.7, what would be the dollar change in the value of the portfolio in response to a $1 decline in the stock price?

A) +$700
B) +$500
C) −$1,150
D) −$520

On Jul 15, 2024


C
SM

Answered

Discuss the importance of recognizing your assumptions and stereotypes about your client groups.

On Jul 13, 2024


Recognizing your assumptions and stereotypes about your client groups is crucial in providing effective and unbiased services. When working with clients from different backgrounds, it is important to acknowledge that we all have preconceived notions and biases based on our own experiences and societal influences. These assumptions and stereotypes can impact the way we interact with and perceive our clients, potentially leading to unfair treatment or misunderstandings.

By recognizing and challenging our assumptions and stereotypes, we can ensure that we are providing equitable and culturally sensitive care to all clients. This involves actively seeking to understand the unique experiences and perspectives of each client, rather than relying on generalizations or assumptions based on their demographic characteristics.

Furthermore, acknowledging and addressing our biases can also lead to personal growth and development. It allows us to become more self-aware and open-minded, leading to more effective communication and better outcomes for our clients.

In summary, recognizing our assumptions and stereotypes about client groups is essential for providing fair and effective services, promoting cultural competence, and fostering personal growth. It is an ongoing process that requires self-reflection, education, and a commitment to challenging our own biases.
SM

Answered

Is Ky correct in claiming that the mistake in the division of the accounts is material?

A) Yes, if it was a basis for Ky's agreeing to enter into the contract.
B) No, because the mistake was in the financial information.
C) Yes, because only one party must show that the mistake was not what was intended.
D) Yes, because Ky made a mutual mistake.
E) No, because the mistake is not mutual since only Ky, and not Roland, was adversely affected.

On Jun 15, 2024


A
SM

Answered

When common stock is issued in exchange for land, the land should be recorded in the accounts at the par value of the stock issued.

On Jun 11, 2024


False
SM

Answered

Direct labor cost is an example of a controllable cost for the supervisor of a manufacturing department.

On May 16, 2024


True
SM

Answered

Lowering tax rates was the main priority of the

A) classicals.
B) Keynesians.
C) monetarists.
D) supply-siders.
E) economic behaviorists.

On May 12, 2024


D
SM

Answered

Task significance is a core job dimension in the Job Characteristics Model developed by Richard Hackman.

On May 11, 2024


True