Stooge Enterprises manufactures ceiling fans that normally sell for $94 each. There are 300 defective fans in inventory, which cost $58 each to manufacture. These defective units can be sold as is for $22 each, or they can be processed further for a cost of $43 each and then sold for the normal selling price. Stooge Enterprises would be better off by a

A. $21,600 net increase in operating income if the ceiling fans are repaired
B. S8,700 net increase in operating income if the ceiling fans are sold as is.
C. S8,700 net increase in operating income if the ceiling fans are repaired.
D. $21,600 net increase in operating income if the ceiling fans are sold as is

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2