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mel-nik [20]
3 years ago
10

Rudy bought 10 shares of fat cat, inc. stock on january 1,2017. rudy paid $20 for each share. at first, it appeared that rudy ha

d made a good investment, as the price of fat cat stock rose to $50 per share on march 1, 2017. however, rumors of corporate wrongdoing soon started to circulate and the price of fat cat began to fall. on august 1, 2017, fat cat, inc. declared bankruptcy and announced that the stockholders should not expect to receive anything on the liquidation of the corporation. what type of loss does rudy have in 2017, if any?
Business
1 answer:
stiv31 [10]3 years ago
6 0

He would would have a short term capital loss of $200 (10 shares at $20 each)

Short term losses are considered losses on assets that have been held for less than 1 year.

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In the process of benchmarking for a variable-expense such as payroll the typical metrics used are total dollars and dollars per
SOVA2 [1]

Answer:

The answer is True.

Explanation:

This is a question of "The luxury Swiss chalet hotel general manager reported to her owner". "Total dollars" and "Dollars per available room" are variable cost measure used in the hospitality industry.

8 0
3 years ago
Your company is considering expanding its retail outlet. Currently, inventory levels are $5,000. With the expansion, it is expec
natka813 [3]

Answer:

Change is net working capital is -$18,500(use of cash)

Explanation:

Due to the expansion inventory would increase by $4,500 ($9,500-$5,000)

Accounts receivable would also increase by $4,000 over its previous amount.

Accounts payable would reduce by $10,000 as compared to previous balance of accounts payable

The change in net working capital=$4,500+$4,000+$10,000=$18,500

This is a use of cash not a source of cash inflow

6 0
3 years ago
Karina knows that Friday, Saturday and Sunday performances are more popular than weekday performances. So her theater charges mo
Ivenika [448]

Karina is aware that performances on Friday, Saturday, and Sunday are more popular than those on weekdays. As a result, her theater charges a higher price for weekend tickets. This is an illustration of dynamic pricing.

<h3>What role does pricing policy play?</h3>

Pricing rules help businesses maintain profitability by allowing them to sell various products differently. Your company may value having a well-defined pricing policy so that it may make price adjustments rapidly and capitalize on the strengths of its products in one or more areas. After the product is manufactured, pricing is an essential decision-making factor. The price of a product determines its future, its acceptance to buyers, and its return and profitability. It is a competitive tool. The goal of pricing for every company is to set an acceptable price for consumers while also allowing the producer to survive in the market. Every company is at risk of being pushed out of the market due to fierce competition and changes in client preferences and taste.

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7 0
2 years ago
Suppose that you are the treasurer of ibm with an extra u.s. $1,000,000 to invest for six months. you are considering the purcha
Marianna [84]
Amoreandrusamoreandrus
8 0
3 years ago
A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per
Llana [10]

Answer:

E) BEP (units) does not change

Explanation:

Use the following formula to calculate Break-even point in units:

BEP (units) = Fixed cost / (unit selling price - unit variable costs)

1) BEP (Units) before the change in costs is:

BEP (units) = 720000 / (30 -18) = 60,000 units

2) BEP (Units) after the change in costs is:

BEP (units) = 900000 / (30-15) = 60000units

--> BEP (units) does not change

7 0
3 years ago
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