Answer:
What is this meaning?? ILUMINATE??
Answer:
B. at the highest independent bid or the last reported sale price, whichever is higher
Explanation:
SEC Rule 10b-18 was issued to create a safe harbor that reduces a company's possible legal liabilities related to repurchasing their own stock. Companies can decide to follow it or not, but if they follow it, they must comply with specific requirements that depend on the company's size and trading activities. Even if companies follow all the requirements of this "safe harbor", all legal liabilities are not eliminated, instead some specific provisions will not be considered to have been violated by the company.
The conditions related to this rule include
- Manner of purchase conditions
- Timing conditions
- Price conditions
- Volume conditions
Answer:
The statement is: True.
Explanation:
The Work In Progress (WIP) Inventory represents the sources needed during the production of a good. While calculating costs for those sources it is necessary to follow the 5-steps of process costing which are the following:
<em>1)</em><em> Determine the flow of units generated.
</em>
<em>2)</em><em> Adjust the inventory to calculate the equivalent units.
</em>
<em>3)</em><em> Identify the total cost.
</em>
<em>4)</em><em> Calculate the average cost per equivalent unit.
</em>
<em>5)</em><em> Record these costs to finished units and Work in Process units.</em>
Answer:
Total selling and administrative expenses budget for March are as follows:
For sales volumes of $400,000 = $327,000
For sales volumes of $500,000 = $389,000
For sales volumes of $600,000 = $451,000
Explanation:
Note: See the attached excel file for the flexible selling and administrative expenses budget for March
A flexible budget can be described as a budget that changes with the level or volume of activity of a company.
In this question, sales volume is used as the level of activity and a flexible selling and administrative expenses budget for March for sales volumes of $400,000, $500,000, and $600,000 is prepared in the attached excel file.
Answer:
Consider the following calculations
Explanation:
a,) required reserves = (20/100) x $300 million = $60 million
b.) Since second bank has reserve of $65 million but needed only $60 million so the bank can LEND reserves of $5 million in the federal funds market.