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elena-14-01-66 [18.8K]
3 years ago
15

On october 4, 2017, terry corporation had credit sales transactions of $2,500 from merchandising having a cost of $1,900. the en

tries to record the day's credit transactions include
Business
1 answer:
Arturiano [62]3 years ago
8 0

I believe that this problem has the following choices:

 

> a debit of $2,500 to Merchandise Inventory.

> a credit of $2,500 to Sales.

> a debit of $1,900 to Merchandise Inventory.

> a credit of $1,900 to Cost of Goods Sold.

 

The correct answer from the choices is:

<span>> a credit of $2,500 to Sales
</span>

 

<span> </span>

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The perfectly competitive firm's short-run supply curve is the Group of answer choices upward-sloping portion of its average tot
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Portion of its marginal cost curve that lies above its average variable cost curve.

Explanation:

This is explained to be the portion of its marginal cost curve because marginal gross benefits exceeds marginal cost, the firm can earn greater profits by increasing its output.

These profits are been maximized by choosing to supply the level of output where its marginal revenue equals its marginal cost. When this revenue is below the said marginal cost, money is lost, and consequently, it must reduce its output. Profits are however utilized when the firm chooses the level of output where its marginal revenue equals its marginal cost.

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2 years ago
A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash $ 40,000 Current liabilit
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Answer:

0.37

Explanation:

The formula to compute the debt ratio is shown below:

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​Scenario: Farm Country and Industry Country are two neighboring countries. Both countries produce only one​ good: good X. Produ
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D. the same amount of capital and labor.

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If a customer sells short 100 xyz at 79 and simultaneously writes 1 xyz jan 80 put at 5, the maximum gain potential is:_________
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If a customer sells short 100 xyz at 79 and simultaneously writes 1 xyz jan 80 put at 5, the maximum gain potential is: 400.

<h3>What is maximum gain potential/capital gain?</h3>

When an investor invests in or sells put option on stocks she owns, she is selecting a good approach to hedge against loss or bring additional funds in her account. Whenever a seller invests cover call options, this is the most frequent form.

Now according to the question-

  • A short stock with such a short puts is an income strategy with unlimited loss potential.
  • Although the customer will profit if the price falls, the customer signed an in-the-money put that would be exercised, requiring the client to acquire stock at 80 for a $100 loss here on stock shorted at 79.
  • However, the customer collected $500 in premiums, for a total gain of $400.
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Therefore, the maximum gain potential is 400.

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