Answer:
$ 40
Explanation:
Given :
Bid price = $ 50
Ask price = $ 50.2
Ideal price = 
= $ 50.1
This is the ideal price of the stock that is based on the mid point price.
The transactional cost for the buy is = Ask price - ideal price
= 50.2 - 50.1
= $ 0.1
Thus we have to give $ 0.1 as the transactional cost if we want tot buy the stock immediately, so that we buy it more than the ideal price.
Therefore, the transactional cost for the sales is = ideal cost - bid cost
= $ 50.1 - $ 50
= $ 0.1
Thus we have to pay $ 0.1 as the transactional cost if we want to sell the stock now, so as to sell it cheaper than the ideal price.
We known the quantity = 200
So the round up transactional cost = 
= 200 x (0.1 +0.1)
= $ 40
Answer:
B) credit to Manufacturing Overhead for $32,000.
Explanation:
Total manufacturing overhead = (milling department machine hours + cutting department machine hours) x overhead rate per machine hour = (2,400 + 4,000) x $5 = $32,000.
Since the manufacturing overhead expense is allocated to the asset produced, the expense is credited. Once the product is sold, the expense will become part of the cost of goods sold and they will be debited.
Answer:
The correct answer is: insist they meet at the office before going out and showing the property.
Explanation:
In case Real Estate brokers are unsure to meet a prospective buyer of one of the properties they are selling, they could offer them to meet in the office where the broker's work to find out how serious this caller could be. Brokers could provide information on other similar properties they are offering as well during that appointment so the prospective buyer will not feel uncomfortable with the fact of going to the office first instead of meeting at the property of interest directly.
Answer:
The forward premium (discount) is:
the dollar is trading at a 10% discount to the euro for delivery in 120 days.
Explanation:
a) Data and Calculations:
Spot exchange rate = €1.50/$
120 day forward exchange rate = €1.45/$
When the forward rate is less than the spot rate, the means that the currency is trading at a discount in the forward market.
The formula for calculating the forward premium or discount is:
= (Forward Rate Minus Spot Rate)/Forward Rate * 360/120
= (€1.45 - €1.50)/€1.45 * 360/120
= €-0.05/€1.45 * 3
= €-0.03448 * 3 = -10.3%
b) The forward premium occurs when the forward exchange rate is higher than the spot exchange rate. The forward discount occurs when the forward exchange rate is lower than the spot exchange rate. Forward premium or discount is normally expressed as the annualized percentage of the difference, using 360 days.
