Answer:
A 10% drop in the value of invested assets would cause the value of the account to decrease by $500
Explanation:
Leverage is a way in which companies can use borrowed capital to use in an investment. The leverage stands to multiply the profits of the investments if the investment proves profitable, however if the investment registers a loss, the loss is also multiplied.
In our case;
Initial value of assets=$1,000
leverage=5:1
A 10% drop means;
Decrease in value of account before leverage=percentage drop×initial value of assets
Decrease in value of account before leverage=(10/100)×1,000=$100
If we apply a leverage of 5:1,
Account decrease after leverage=100×5=$500
A 10% drop in the value of invested assets would cause the value of the account to decrease by $500
Answer:
B. adding horizontally the individual demand curves.
Explanation:
A market demand curve -
For a given market , the sum of the individual demand curves is known as the market demand curve .
The curve help us to determine the demand of the quantity of the goods by all the people at the different price point .
Hence , a market demand curve is derived via horizontally adding all the individual demand curves .
Answer: C. Matching all bank statement items to canceled checks.
Explanation: To help prevent and detect schemes involving fraudulent invoice and non accomplice vendors, matching all bank statement items to canceled checks is the right option to go with.
This action have proved to be effective and to at least prevent fraudulent invoice by vendors.
<span>Student loans, which are given to those in college by the federal government, are most commonly known as the loans with the small interest rates. These loans are fixed rates and will not increase overtime, they just accumulate monthly untilt he loans are paid off. </span>
Answer:
$165,000
Explanation:
The computation of the amount of over- or underapplied overhead is shown below:
The Predetermined overhead rate is
= Predetermined overhead ÷ direct labor cost
= ($300,000 ÷ $200,000)
= 150% of direct labour cost
Now
overhead applied is
= (150% × $280,000)
= $420,000
And,
Actual overhead=$255,000
So,
overhead overapplied is
= $420,000 - $255,000
= $165,000
