Answer:
$1.1786
Explanation:
Given
Initial purchase price = $1.50
Initial margin = 45%
maintenance margin is 30%
Margin call price = InitiaL purchase price × [1 - InitiaL margin / 1- maintenance margin]
= $1.50 × [1-45% / 1-30%]
=$1.50 × [0.55/0.70]
=$1.1786
Answer:
See bekow
Explanation:
Number of direct labor hours = 555,000 / 15 = 37,000
Overhead cost = $57,000 + $158,500 + $28,800 + $22,100
Answer:
The correct answer is letter "E": The marginal benefit of sleeping 10 more minutes is greater than the marginal benefit of 10 more minutes of work.
Explanation:
Marginal Benefit is an economic term that describes the maximum amount a consumer is willing to pay for an additional unit of a good or service. Typically, the marginal benefit decreases as long as the person consumes more of that good or service. The price-benefit relationship is inversely proportional.
In the example, the marginal benefit of sleeping 10 minutes more must be greater than the marginal benefit of working 10 more minutes if economists choose to sleep a little bit more.
Answer:
The earning per share is $1.3 per share
Explanation:
For computing the earning per share, we need to apply the formula of Earning per share which is shown below:
Earning per share = (Net income - Dividends paid to preferred shareholders) ÷ average common shares
= ($36,000 - $10,000) ÷ $20,000 shares
= $1.3 per share
The other items which are mentioned in the question are not relevant. Kindly ignored it.
Answer: 30.3%
Explanation:
Because taxes are not paid on municipal bond interest, their interest rates are usually lower with the difference accounting for the taxes paid.
For a municipal bond to be similar to a corporate bond, the tax rate must be such that it makes them equal:
Municipal bond return = Corporate bond return * (1 - tax rate)
5.75% = 8.25% * (1 - tax)
1 - tax rate = 5.75% / 8.25%
1 = 0.6969697 + Tax rate
Tax rate = 1 - 0.6969697
= 30.3%
