1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skad [1K]
3 years ago
13

In a proceeds transaction: I. a customer directs that a position be sold; and the funds generated from the sale be used to buy a

nother position II. a customer sells short securities "against the box" III. 2 separate mark-ups or commissions are charged IV. a combined mark-up or commission is charged
Business
1 answer:
Serggg [28]3 years ago
6 0

Answer:

I and  IV

Explanation:

A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)

A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)

You might be interested in
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat
elixir [45]

Answer:

Given that,

Direct materials = $100,000

Direct labor = $125,000

Applied factory overhead for Department 1 = $150,000

Direct materials = $50,000

Direct labor = $60,000

Applied factory overhead for Department 2 = $70,000

Therefore, the journal entry is as follows:

Work in Process - Department 3 A/c Dr. $555,000

            To Work in Process - Department 2            $555,000

(To record the flow of costs into Department 3 during the period)

Workings:

Work in Process - Department 3:

= $100,000 + $125,000 +  $150,000 + $50,000 + $60,000 + $70,000

= $555,000

5 0
3 years ago
Bennett Company’s high and low level of activity last year was 150,000 units produced in June and 50,000 units produced in Janua
yKpoI14uk [10]

Answer:

Total cost= $72,000

Explanation:

Giving the following information:

Bennett Company’s high and low level of activity last year was 150,000 units produced in June and 50,000 units produced in January. Machine maintenance costs were $104,000 in June and $40,000 in January.

We need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (104,000 - 40,000) / (150,000 - 50,000)= $0.64 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

FC= 104,000 - (0.64*150,000)= 8,000

Fixed costs= LAC - (Variable cost per unit* LAU)

FC= 40,000 - (0.64*50,000)= 8,000

Now, we can calculate the cost of 100,000 units:

Total cost= o.64*100,000 + 8,000= $72,000

5 0
3 years ago
Read 2 more answers
Sheridan Company used high-low data from June and July to determine its variable cost of $12 per unit. Additional information fo
Vinvika [58]

Answer:

See below

Explanation:

June 37,600 - 2,300 = 35,300

July 17,200 - 600 = 16,600

5 0
3 years ago
In the field of health science, what characteristics are employers not looking for?
xenn [34]

Portability should be the answer

6 0
2 years ago
What account earns the most interest
xxTIMURxx [149]

Answer:

A bank account

Explanation:

because your money is kept safe

8 0
3 years ago
Other questions:
  • Matt lives in an apartment in New York. Every month, he must pay rent and
    12·1 answer
  • Which component acts as a summary of professional achievements, education, skill set, and qualities?
    13·2 answers
  • C&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part of the
    14·1 answer
  • What is not a criterion that influences manufacturing plant or warehouse facility location decisions?
    6·1 answer
  • Harley Davidson_____________.a. utilizes job shops to make each of its modules.b. uses product focused manufacturing.c. uses a l
    14·1 answer
  • Sales and excise taxes are levied on retailers, but retailers add these taxes to the prices of their products. this illustrates
    8·1 answer
  • Which trends are reshaping
    7·1 answer
  • ________________ products are customized and adapted to the culture, tastes and social trends of a country.
    14·1 answer
  • Paris Summer 20 Company sells small laptops. Based on the information below, calculate the Break even point in sales dollars for
    8·1 answer
  • A list of sources that is used for in-text citations that usually appears at the end of the document is called
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!