Aone-year call option contract on cheesy poofs co. stock sells for $1,170. in one year, the stock will be worth $49 or $70 per share. the exercise price on the call option is $62. what is the current value of the stock if the risk-free rate is 3 percent? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?

Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?

Food goblin supermarkets use both cashiers and baggers to serve customers at check out. during the first 6 hours of each workday (monday-friday), 3 cashiers and 2 baggers serve approximately 23 customers per hour. a cashier and a bagger who require approximately 4 minutes at checkout and 3 minutes at bagging serve each customer. a. how many employees should food goblin supermarket schedule if it requires a 12 percent capacity cushion? food goblin supermarket should schedule nothing cashier(s). (enter your response rounded up to the nearest whole number.)