Answer:
$6,100
Explanation:
Calculation to determine what The amount of bad debt expense recorded on December 31 will be:
Using this formula
Bad debt expense=(Estimated % of accounts receivable*Accounts Receivable ending +balance)+Unadjusted balance of Allowance for Uncollectible Accounts
Let plug in the formula
Bad debt expense=(7%*$80,000)+$500
Bad debt expense=$5,600+$500
Bad debt expense=$6,100
Therefore The amount of bad debt expense recorded on December 31 will be:$6,100
Answer:
c. Increase by $0.1 trillion
Explanation:
Investment spending Multiplier is a concept in economics that measure how a given change in investment increases output. So if current output of $13.5 trillion must increase to $14 trillion, we employ the multiplier formula to derive what amount of investment spending is needed to get $o.5trillion increase in output.
(change in output)/ (change in investment) = 1/(1-mpc)
Note that mpc means marginal propensity to consume.
Let change in investment = X
change in output = 14 - 13.5 = $0.5trillion
mpc = 0.8
(0.5)/X = 1(1-0,8)
0.5/X = 1/0.2
cross multiply
X = 0.1
Thus the needed change in investment is an increase of $0.1 trillion. In other words, if investment increases by $0.1 trillion, current output will increase from $13.5 trillion to $14 trillion.
Answer:
![Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}](https://tex.z-dn.net/?f=Px%20%3D%20%5Cfrac%7B%5B%28N%2AP%29%20%2B%28N%2AP%2AM1%5D%2FN%7D%7B1%2B%20M2%7D)
And if we replace we have this:
![Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}](https://tex.z-dn.net/?f=%20Px%20%3D%5Cfrac%7B%5B%28500%2A41%29%20%2B%28500%2A41%2A0.6%5D%2F500%7D%7B1%2B%200.4%7D)
So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.
See explanation below.
Explanation:
For this case we define the following notation:
N= 500 represent the number of stocks for JAsper
P = 41 represent the stock price
M1 = 60% = 0.6 represent the initial margin
Px represent the highest stock price the variable of interest for this case
M2= 40% or 0.4 represent the mainteneance margin
We can find the value of Px with the following formula on this case:
And if we replace we have this:
So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.
Answer:
writing your assets down and showing people that could help. or taking on a smaller role and excel at that to prove you deserve more responsibility.
Explanation:
