Answer:
$264.00
Explanation:
Calculation to determine What will you enter on the NET DEPOSIT line
First step is to calculate the Total deposit checks
Total deposit checks = $72.50 +$65.25
Total deposit checks= $137.75
Second step is to add up the amount she has in the account.
6 ones = $11
4 fives = $20
4 tens = $40
4 twenties = $80
6 nickels = $0.30
12 dimes = $1.20
15 quarters = $4.00
Total 156.5
Now let calculate What will you enter on the NET DEPOSIT line
NET DEPOSIT line=($137.75+156.5)
NET DEPOSIT line=$294.25
NET DEPOSIT line=$294.00
Therefore What will you enter on the NET DEPOSIT line is $294.00
Answer:
600,000
Explanation:
The unit of the activity depreciation method is suited for the coal company. This method determines the depreciation amount based on the level of usage. The calculation of depreciation amount using a unit of activity is the first step.
Depreciation per unit is calculated as follows
Depreciation per unit for the coal company
= Cost of the asset/ expected usage
=$12,000,000/ 20,000,000 tons
=$0.6 per ton
In 1, 000,000 coal value was extratced,
Amount of depreciation = $0.6 x 1,000,000
=$600,000
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