Answer:
Both direct and indirect costs
Explanation:
Direct costs refer to those costs which can be directly related to and identified with a production activity. These costs often vary with the production level i.e these costs are usually variable in nature. These are usually factory costs. Examples of direct costs are, direct material, direct labor, worker wages etc.
Indirect costs are those costs which are incurred for multiple activities. Such costs cannot be identified and applied to one activity alone. Office expenses, rent for the whole building, utility expenses etc comprise examples of indirect costs.
In the given case, managers of a discount store chain are considering addition of a new auto service department. The addition of such a department will incur both direct and indirect costs in the form of wages, utilities, rent, etc. Thus, the managers need to consider both direct and indirect costs.
You can say something positive, or be positive to who you are interviewing. Bringing a smile makes things positive.
Answer:
Return on your investment (ROI) = 17.31%
Explanation:
<em>Return on investment would be the proportion of the amount invested that is earned as profit. Profit here includes dividends earned plus capital gains less broker's commission.</em>
The principles above are illustrated as follows:
Capital gain on stock = stock price at the end - stock price at the beginning
Stock price at the end= 35
stock price at the beginning = 31
Capital gain = (35 - 31)× 140 = 560
Total dividend = 1.51× 140 = 211.4
Commission = 8 + 12 = 20
Net cash return=Capital gain + dividend - commission =560 + 211.4 - 20 =751.4
Return on investment = Net cash return/ cost of stock × 100
ROI = 751.4/ (31×140) × 100 = 17.31%
Return on your investment (ROI) = 17.31%
Answer:
Food, Drug, and Cosmetic Act is the correct answer.
Explanation:
Answer: See explanation
Explanation:
a. What are the amount and nature of Dennis’s loss upon closing the short sale?
Sales consideration = $100 × $152 = $15200
Less: Closing Value of Short sales = 100 × $190 = $19000
Short term capital loss = $3800
b. When does the holding period for the remaining 100 shares begin?
The holding period for the remaining 100 shares begin on May 2, 2020, which was when the short sale was closed.
c. If Dennis sells (at $27 per share) the remaining 100 shares on January 20, 2017, what will be the nature of his gain or loss?
Sales consideration = 100 × $27 = $2700
Less: Base value = $19000
Short term capital loss = $16300
