7. An investor purchases 1000 shares of IBM at 106 and at the same time sells 10 IBM call contracts with a strike of 110 and that mature in exactly six months for $4.50 per call. If the investor is called away at maturity, what will be the ANNUALIZED holding period return on the investor’s money?

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

Why do you think the federal government commits so much time and so many resources to supporting small businesses when they make less of a contribution to the overall economy than large corporations?