An investor is short 3 abc july 50 call options and 3 abc july 45 put options. currently, abc stock is selling for $47.50 and the investor has a small profit. the investor should consider closing the options position if abc stock is likely to:

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.