Answer:
$61
Explanation:
Calculation for What futures price will allow $1,000 to be withdrawn from the margin account
Let x be the futures price
Futures price =1000 units(x-$60 per units) = $1,000 loss
x-$60=$1,000/1000 units
x-$60 = $1
x=$60+$1
x = $61
Therefore the futures price that will allow $1,000 to be withdrawn from the margin account will be $61
Answer:
a decrease of $50 million.
Explanation:
Calculation to determine what the maximum change in the money supply is:
Using this formula
Maximum change in the money supply=Federal Reserve /Reserve requirement
Let plug in the formula
Maximum change in the money supply=$10/20%
Maximum change in the money supply=$50 million Decrease
Therefore the maximum change in the money supply is: a decrease of $50 million.
Answer:
c. Neither Gabriella nor Juanita will recognize gain on the transfer.
Explanation:
This is because gabriella transfers cash of 50,000 and does not earn any gain on it, so no gain is recognized.
Answer:
$192,626
Explanation:
The computation of the July month collection is shown below:
= July projected sales × collection percentage + June projected sales × following month collection percentage + May projected sales × remaining percentage
= $196,400 × 52% + $189,700 × 46% + $161,800 × 2%
= $102,128 + $87,262 + $3,236
= $192,626
The percentage is 100% in which 52% is collected in July month 46% in June month and 2% is on May month