A net loss for the year decreases the balance in Retained Earnings

A business plan's mission statement ________

A) is optional B) must be written in eight or fewer words C) explains the purpose of a business and why it will succeed D) All of these statements about a business plan mission statement are correct

In a binomial model, if the call price in the market is higher than the call price given by the model, you should

a. sell the call and sell short the stock b. buy the call and sell short the stock c. buy the stock and sell the call d. buy the call and buy the stock e. none of the above