What Is Strike Price?

So they bought a call option with a $680 strike price trading for $53 per contract. An option’s strike price is preset by the exchanges, and often comes in increments of $2.50, though it may come in increments of $1 for high-volume stocks. So a normal-volume stock...

What Are Drawings in Accounting?

It is a current asset of the company and is one of the many assets that can be withdrawn from the business by the owner(s) for their personal use. The drawing account represents a reduction of the business’ assets, as the assets in question are withdrawn and...

A Small Business Guide to Inventory Management

Such classification would decide the manner in which the raw materials would be accounted for in the books of accounts. In this article, we will discuss what are raw materials, types of raw materials, and how to calculate raw materials inventory. The asset turnover...