A customer is short 100 shares of ABC stock at $40 per share. The stock goes up to $50 and the customer covers the position. If, 30 days later, the customer decides to re-establish this short position when the market for ABC is $55, which of the following statements are TRUE?

I The loss deduction is disallowed
II The loss is allowed
III The sales proceeds are $45 per share
IV The sales proceeds are $55 per share

A. I and III
B. I and IV
C. II and III
D. II and IV

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no