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4 years ago

Explain why it is important to study your industry before developing a business concept.

Business

1 answer:

Nonamiya [84]4 years ago

7 0

Answer:because if you dont you dont know a [heck nothing} and then your dumb then turn poor!

Explanation:in life its not easy so if that were to be you would fail to do an industry because of your failer and that would give you the cause of being dumb and poor!

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What is the price level? The price level is ______. A. the average level of prices paid by urban consumers for all goods exclu

8_murik_8 [283]

Answer:

Price Level is B. The average level of prices

Explanation:

Price level is the average of current prices across the entire spectrum of goods and services produced in the economy.

Price level refers to the price or cost of a good, service, or security in the economy.

Reference: Kenton, Will. “Reading Into Price Levels.” Investopedia, Investopedia, 27 Sept. 2019

7 0

3 years ago

Is ordering a pizza for someone else illegal?

Over [174]

No, its not illegal to order a pizza for someone else

4 0

3 years ago

You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. You invest 1,120 shares. Your

BlackZzzverrR [31]

Answer:

(a) Since the percentage margin is more than maintenance margin, there would be no call

(b) A margin call would be received when the price is $15.26

Explanation:

(a) Total investment = $23,072 × $\frac{100}{50}$ = $46,144

Total shares = Total investment ÷ share price

= $46,144 ÷ $41.2 = 1,120

Value of share in market = new price × number of shares

= $41 × 1,120

= $45,920

Value of equity = Value of share in the market - borrowed cash

= $45,920 - $23,072

= $22,848

Percentage margin = Value of equity ÷ Value of shares

= ($22,848 ÷ $45,920) × 100%

= 49.76%

(b) Total number of shares = 1,120

Assumed value of shares = $1,120X

Borrowed fund = $23,072

Value of equity = $1,120X - $23,072

Margin = Value of equity ÷ Value of shares

0.35 = ($1,120X - $23,072) ÷ $1,120X

392X = $1,120X - $23,072

1512X = $23,072

X = $15.26

7 0

3 years ago

Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund wa

Sergio [31]

Answer:

A credit to Cash of $299

Explanation:

Journal Entry Debit Credit

Merchandise inventory $62

Delivery charges $46

Office supplies $30

Miscellaneous expenses $51

Cash over and short $100

Cash $299

Cash to be reimbursed = Minimum cash balance required - Cash balance left

Cash to be reimbursed = $500 - $201

Cash to be reimbursed = $299

7 0

4 years ago

Ned is a head of household with a dependent son, Todd, who is a full-time student. This year Ned made the following expenditures

UNO [17]

Answer: D. $600 included in Ned's medical expenses

Explanation:

The amount that Ned can include in his itemized deductions will be the $600 that's included in Ned's medical expenses.

It should be noted that the medical expenses will be under the itemized deductions. On the other hand, the other options will be under the miscellaneous itemized deductions. Therefore, the correct option is D.

5 0

3 years ago