Yes and no.the store will hold the dress for a certain amount of time before letting go.although whether the store really holds it would be most likely no<span />
Answer:
Current SMA balance is $15,000
Explanation:
SMA means special memorandum account, where excess margin recouped from investing the fund in customer's margin account is held.
Since ABC was bought for $10,000, while it's current worth is $20,000
Margin recorded = $20,000 - $10,000
= $10,000
XYZ stock sells short at $10,000, while it's current worth is $5,000
Margin recorded on short sell
=$10,000 - $5,000
=$5,000
SMA current balance
= $10,000 + $5,000
= $15,000
Answer: Aggregate Demand Decreases
Explanation:
When the Central Bank sells bonds, it is engaging in Open Market Operations to reduce the amount of money in the Economy by taking money out of people's hands ( the money they will use to buy the bonds).
When money supply in the economy decreases, it will have the opposite effect on Interest rates as they will increase because money is no longer readily available.
When this happens both businesses and Individuals will reduce the amount of money they borrow for investment and consumption respectively which are both components of Aggregate Demand.
Aggregate Demand therefore decreases and the AD curve shifts to the LEFT to depict this.
Answer:
C. $143,300
Explanation:
The computation of the cost of goods sold is shown below:
= Cost of goods sold + over-allocated balance of manufacturing overhead
= $135,500 + $7,800
= $143,300
To find out the cost of goods sold, we added the cost of goods sold and the over-allocated balance of manufacturing overhead
We ignored the raw material inventory balance, work in process inventory balance, and the finished goods inventory balance as it is not relevant. Hence, we ignored it
