Answer:
$63,000
Explanation:
The computation of cases of cola were completed and transferred to Finished Goods Inventory during January is shown below:-
Completed and transferred to finished goods inventory is
= Case of cola as on Jan 1 work in process + completed & transferred out - ending work in process as on Jan 31
= $5,000 + $65,000 - $7,000
= $63,000
Hence, the number of cases of cola is $63,000
The fact that mutual funds provide small investors with a diverse portfolio and experienced management is one of their appealing qualities.so statement is true.
<h3>What draws small investors to mutual funds?</h3>
Investors have access to a greater variety of investments through mutual funds than they could on their own. By pooling your funds, you may take advantage of economies of scale. The monthly contributions improve the investor's assets. Funds are more liquid because they are often less volatile.
The ability to diversify and thereby distribute risk over a number of investments is one of the reasons mutual funds are so well-liked by investors. People are drawn to mutual funds because they provide an opportunity for typical individuals to invest in professionally managed funds.
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You can withdraw $ 200 the very next business day and rest of the remaining $ 300 on the second business day from the date of deposition of the check. On friday foster can withdraw the whole of the amount no more than deposited on monday that is $500.
Generally, if you deposit check for 200$ to a bank one can access the full amount the very next business day, whereas if the amount exceeds more than $ 200 you can partially withdraw it from the account and rest on the second business day.
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<u>A. I and III </u>is the true statement.
I The loss deduction is disallowed
III The sales proceeds are $45 per share
<u>Explanation</u>:
Stock refers to the shared owned by an organization. In the above scenario, ABC stock was sold at $40 per share. A customer purchases 100 shares of ABC stock. The price of the stock goes to $50. After 30 days, the customer decides to re-establish the ABC stock. Now the price of the ABC stock is $55.
During this transaction, the deduction of the loss is not allowed and the sale proceeds are fixed as $45 per share.
Answer: Arbitrage
Explanation:
Arbitrage occurs when an economic agent such as an individual buys and sells currencies, securities, or commodities in several markets simultaneously so that the individual can take advantage of the different prices that is charged for the same asset. This is the method that is being used by Ryan in the question.
