Answer:
The answer is $4,800
Explanation:
200 shares was sold short at $60 per share with initial margin of 60 percent.
200 shares x $60 per share x (1 - 0.6)
=$12,009 x 0.4
$4,800
The initial investment is therefore, $4,800(four thousand and eight hundred dollars)
President Hoover responded cautiously to the Great Depression because he thought <span>that the business cycle would correct itself. The correct option among all the options that are given in the question is the first option or option "A". I hope that this is the answer that has actually come to your desired help.</span>
Answer:
Dr. Cash $3,549,590
Cr. Premium on Account Receivable $649,590
Cr. Bond Payable Account $2,900,000
Explanation:
The difference between the face value of the bond and the sale value of the bond is known as premium or the discount on the bond. If the face value is higher from the sale value the bond is issued on the discount and if the sale value of the bond is higher than the face value the bond is issued on the premium.
Premium on the Bond = Face value - Sale value = $3,549,590 - $2,900,000 = $649,590
The Premium will be amortized during the life of the bond to maturity and deducted from the interest expense.
Answer:
True
Explanation:
Generalization creates a set of common practice which is further considered as an identifiable acceptable standard for the instance.
As for example if we state that a person is good at cooking, on the basis on generalization it will be considered necessary and obvious that the person knows the skills of cooking basic food of that region.
Generalization thus, creates a kind of basic skills in every person of that domain. This will influence people to develop more skills.