Answer:
$1,000
Explanation:
The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50
If the market value rises to $22,000, the account will show
Long market value - Debit = Equity % SMA
$22,000 - $10,000 = $12,000
Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA
Answer:
The journal entry to record issuance of the bond would be:
Debit : Cash $382,942.
Credit : Bonds Payable $382,942.
Explanation:
At Issuance of Bonds, we recognize the Cash Asset and the Liability Bond Payable at the Issue Price of the Bond instead of Face Value.
The Issue Price is also known as the Present Value or Current Price of the Bond and for this question this was given as $382,942.
Answer:
Check the following explanation
Explanation:
a) Goods available for sale = Beginning Inventory + Net Purchases
13500 + 17500 = 31000
Cost of goods sold = Goods available for sale - Ending Inventory
31000 - 8100 = 22900
Gross Profit = Net Sales - Cost of goods sold
26500 - 22900 = 3600
b) Net Income for Krug Service Company = Revenues - Expenses
= 31000 - 10500
= 20500
Net Income for Kleiner Merchandising Company = Gross Profit (Computed Above) - Expenses
= 3600 - 2300
= 1300
Answer:
For firms, Rent Seeking usually involves: <u>restricting supply in order to increase price</u>
Explanation:
An example of rent-seeking in a modern economy is spending money on lobbying for government subsidies in order to be given wealth that has already been created, or to impose regulations on competitors, in order to increase market share.
A rent seeking firm have a greater incentive to engage in rent-seeking behavior when demand is elastic because the restriction imposed on competitors will not affect the demand for the goods.
Answer: global-standardization
Explanation:
Global Standardization strategy simply refers to when standard marketing can be used on the international scene. Global standardization works for different cultures and help in the promotion of a product.
We can see that Tyrell uses sane standards for the countries it's involved in without much differentiation. This is global standardization strategy.
