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You Purchased 300 Shares of ABC Stock at a Price

question 103

Multiple Choice

You purchased 300 shares of ABC stock at a price of $34.20 a share. You then purchased put options on your shares with a strike price of $45 and an option premium of $1.10. At expiration, the stock was selling for $46.10 a share. What is your net profit or loss on these transactions assuming that you disposed of your shares on the expiration date?

Perform accurate patient education on medication administration, including special instructions for buccal medications and the use of inhalers.

Recognize the signs and risks of medication toxicity and overdose, particularly in vulnerable populations such as children and the elderly.

Employ strategies to ensure medication safety and accuracy in patient identification and medication administration.

Understand the importance and methodology of using spacers with inhalers for specific patient groups.

Definitions:

Gross profit

The difference between sales revenue and the cost of goods sold before accounting for operating expenses, interest, taxes, etc.

Ending merchandise inventory

The worth of products on hand for purchase at the conclusion of a financial period.

Rising prices

A situation in an economy where the general level of prices for goods and services is increasing over a period of time.

Inventory method

A system used by companies to keep track of the quantity and cost of inventory on hand and sold, including methods like FIFO (First In, First Out) and LIFO (Last In, First Out).