Construct profit diagrams at expiration time to show what position in IBM puts, calls and/or underlying stock best expresses the investor’s objectives described below. IBM currently sells for $150 so that profit diagrams between $100 and $200 in $10 increments are appropriate. Also assume that at-the-money puts and calls currently
cost $20 each. The call with strike $140 costs $25 and the call with strike $160 costs $17.
(a) An investor wants to benefit from IBM price drops, but does not want to lose more than $20 on the investment.(b) An investor wants to capture profits if IBM price declines and losses if IBM price increases. The investor wants to break even if IBM price does not change.(c) An investor wants to bet that the upcoming IBM earnings announcement is very close to market expectations—meaning that the price will not move by more than $10 dollars.

To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."

Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?