Answer:
3.73 cents
Explanation:
Margin call occurs when the account loses more than $ 560 ($ 1960 - $ 1400).
The change in price that will lead to a margin call = Y cent × 15000 pounds = $ 560
Y cents = $ 560 / 15000 = 3.73 cents
the future price must drop more than 3.73 cents from 136 cents to below 132.3 cents
The interest that Jingle Company will incur on the note is calculated as $800.
Interest Expense is incurred as payment for the use of the funds for a period of six months at 8% annual interest.
Data and Calculations:
Note Payable = $20,000
Stated interest rate = 8%
Payment period = 6 months
Interest incurred = $800 ($20,000 x 8% x 6/12)
Thus, since the maturity date of the note is in six months, the interest incurred by Jingle Company is $800.
Read more: calculating interest on note payable at brainly.com/question/19755278
<span> once the LLC is formed and adopts the contracts, it can then enforce the contract terms. Which means that up to the point from the contract working process until it's finished, both Marvin and Maria are not legally bound to fulfill everything that written on the purchase (for example, the expense that maid by Marvin during this period shall not be acquainted to MAria's)
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The purpose is to calculate whether the risk involved is reduced to the<span> point where the benefits would outweigh the risk of loss.
In this context, RM stands for relationship management. This will help decision makers within the company to the projection of data that will happen if the company decided to choose a certain plan. The overall outlook of the possibilities will help the decision makers to choose the correct plan that is the most suitable for company's goals</span>
Answer:
Direct labor time (efficiency) variance= $8,375 unfavorable
Explanation:
Giving the following information:
Actual direct labor hours used 34,000
Standart rate per hour $16.75
Standard hours for units produced 33,500
<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (33,500 - 34,000)*16.75
Direct labor time (efficiency) variance= $8,375 unfavorable