Answer: $25
Explanation:
Margin call = Initial price * (1 - initial margin) / ( 1 - maintenance margin)
Initial margin = Personal amount invested / Total amount invested
= 20,000 / (20,000 + 20,000)
= 0.5
Margin call = 30 * (1 - 0.5) / ( 1 - 0.4)
= 30 * 0.8333
= $25
Answer:
All answers are correct except Money Supply
Explanation:
Fiscal policy affects aggregate demand through government spending and taxes. Government may increase taxes to increase revenue or discourage the consumption of a product. On the flipside, they may reduce taxes to stimulate spending, redistribute income, increase aggregate demand among other objectives.
Money supply is a monetary policy and it is used by the central bank to achieve certain objectives (reduce inflation, stimulate growth, increase demand, etc.)
Government spending is a fiscal policy that government uses to achieve a set of objectives (i.e. to supply goods and services that are not provided by the market or private sector – construct bridges, provide health facilities, social programmes for the poor among others).
Taxes – Tax is a fiscal policy tool used by the government to generate revenue, encourage or discourage the consumption of certain products or affect aggregate demand through income redistribution.
Trade policy could be in the form taxes (i.e. tariffs, import duties, custom duties among others). Trade policy is a fiscal policy as government can use it to control aggregate demand by placing embargo on the importation of certain products to reduce the demand of such products in the local economy.
Answer:
Entry is given below
Explanation:
Entry for factory labor cost
DATE ACCOUNT DEBIT CREDIT
DEC 31 Work in Progress(w) $97,780
Factory overhead $6,340
Wages payable $104,120
Working
Work in progress = 3,860+4,300+24,500+18,600+7120+7400+32,000
Work in progress = 97,780
NOTE: Work in progress is sum of all direct labor cost
Factory Overhead = all indirect labor cost which is only $6,130
Answer: it’s no they do not qualify because their yearly income is above the median annual income of Florida and they are ineligible According to the mean test
Explanation:
Apex
