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Alja [10]
4 years ago
7

When a business message provides the rationale for a request before making the specific request, the message is said to be?

Business
1 answer:
shutvik [7]4 years ago
4 0
When a business message provides the rationale for a request before making the specific request, the message is said to be indirect. Indirect <span>provide the rationale for a request before making the specific request. I hope the answer will help you. </span>
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You purchased 600 shares of SLG, Inc. stock at a price of $41.20 a share. You then purchased put options on your shares with a s
Reika [66]

Answer:

Profit of 3600

Explanation:

I bought the 600 shares at a price of $41.20

so, Cost of buying the shares 24720

Along with it, i also bought the put option in $1.10 with a strike price of $45.

Buying the put option able me to sell the stock in 45 regardless of the price in stock market is.

But at the expiration date, the price of stock is $48.30 (more than strike price of $45)

So, i would not sell my stock to the broker in 45 (strike price) where, i can sell this stock in stock market at $48.30

Selling this stock in 48.30

48.30*600=28980

I must pay the option premium even though i have not utilized the option.

1.10*600=660

Finally,

selling price of shares-cost of buying shares - cost of purchasing premium

28980-24720-660= 3600

5 0
3 years ago
Use your knowledge of what drives employee performance to complete the sentence.
ra1l [238]

Answer: 1. C, 2. B, 3. C

7 0
3 years ago
Nil co. uses a predetermined factory overhead application rate based on direct labor cost. for the year ended december 31, nil’s
Novosadov [1.4K]

Answer: “over-applied by $30,000”

<span>We know that the Manufacturing Overhead is applied using direct labor cost as the driver. The predetermined application rate using the direct labor cost is calculated:</span>

Rate = Estimated Overhead/Estimated Driver

Rate = $600,000/($6.00 x 50,000)

Rate = $600,000/$300,000

Rate = $2 of overhead is applied for every $1 of direct labor cost

Since the actual direct labor cost is $325,000, therefore:

Manufacturing Overhead = $325,000 x $2

Manufacturing Overhead = $650,000

 

Since actual Manufacturing Overhead is only equal to $620,000, this means that it is “over-applied by $30,000”

 

8 0
3 years ago
Maggie's Muffins, Inc., generated $2,000,000 in sales during 2015, and its year-end total assets were $1,400,000. Also, at year-
Ksenya-84 [330]

Answer:

The Sales will increase by $350,000 (2000,000 * 17.5%)

Explanation:

As we know that,

Self Supporting Growth Rate = Return on Equity * (1 - Payout Ratio) ...Eq1

Here

Payout ratio given is 50%

and

Return on Equity =  35% <u>(Step 1)</u>

By putting values in Eq1, we have:

Self Supporting Growth Rate = 35% * (1 - 50%)

Self Supporting Growth Rate = 17.5%

Which means that Sales will increase by $350,000 (2000,000 * 17.5%) which is 17.5%.

<u>Step 1: Find Return on Equity</u>

We know that:

Return on Equity = Net Income / Equity ..............Eq2

As we are not given value of Net Income we can not calculate the value of return on equity. But there is another way that we can calculate by simply multiplying and dividing by sales on Left hand side of the Eq2 equation.

Return on Equity = Net Income / Equity          * Sales / Sales

By rearranging, we have:

Return on Equity = Net Income / Sales  *   Sales / Equity

Now here,

Net Income / Sales  = Profit Margin

By putting this in the above equation, we have:

Return on Equity = Profit Margin  * Sales / Equity

Here

Profit Margin is 7% given in the question.

Sales were $2,000,000

And  

Equity is $400,000 <u>(Step 2)</u>

By putting values, we have:

Return on Equity = 7%  * $2,000,000 / $400,000

Return on Equity = <u>35%</u>

<u>Step 2. Find Equity</u>

Equity = Assets - Liabilities

Here,

Assets are worth $1,400,000

Liabilities are standing at $1,000,000 which includes only current liabilities because company doesn't have any long term borrowings

By putting the values, we have:

Equity = $1,400,000 - $1,000,000 = <u>$400,000</u>

<u>Brother, don't forget to rate the answer.</u>

5 0
3 years ago
During its first year of operations, a company entered into the following transactions: Borrowed $5,000 from the bank by signing
fiasKO [112]

Answer:

The amount of total assets at the end of the year is $15,600

Explanation:

The computation of the total assets is shown below:

= Borrowed amount + issued stock to owners + purchase of supplies - paid to supplies

= $5,000 + $10,000 + $1,000 - $400

= $15,600

We considered all the items which are given in the question. The payment made to supplies should be deducted as it reduced the balance of cash So, the remaining items would be added

8 0
4 years ago
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