Answer and Explanation:
The computation is shown below:
For Tom, without margin is
= Number of shares × (price after eight months - purchased value) ÷ ( number of shares × purchased value)
= (100 × ($40 - $43) ÷ (100 × $43)
= -6.98%
For sam, with margin is
= Number of shares × (price after eight months - purchased value) ÷ ( number of shares × purchased value × initial margin requirement )
= (100 × ($40 - $43) ÷ (100 × $43 × 60)
= -11.63%
Answer:
Retained earnings A/c Dr $500,000 (100,000 shares × $5)
To Dividend payable A/c $500,000
(Being the dividend is declared)
Explanation:
The journal entry is shown below:
Retained earnings A/c Dr $500,000 (100,000 shares × $5)
To Dividend payable A/c $500,000
(Being the dividend is declared)
For recording this we debited the retained earning as it reduced the stockholder equity and at the same time it increased the liabilities so dividend payable is credited
Answer:
D. Person C
Explanation:
Taxable income is the difference between the gross pay and all authorized deduction.
For person A : taxable income = $50,000 - $5000 = $45,000
For Person B: taxable income =$60,000 - $10,000 = $50,000
For Person C: taxable income= $90,000 - $30,000 = $60,000
For Person D: taxable income=$ 100,000 - $60,00= $40,000
Person C has the highest taxable income with $60,000
Two causes of an increase in the quantity of labour are:
- more favourable labour laws
- an increase in immigration into a country.
<h3>What are the causes of an increase in the quantity of labour?</h3>
When the quantity of labour increases, it means that the labour available in the labour market has increased. An increase in the quantity of labour is sometimes a positive indicator because it means that more production activity can be undertaken.
When a government enacts favourable labour laws, it encourages discouraged workers to re-enter the labour force. For example, if the government increases the minimum wage, more people would be encouraged to work.
Also, immigration increases the quantity of labour. Immigration is when people move from one country to another.
To learn more about labour, please check: brainly.com/question/24052963
#SPJ1
When the loan amount is divided by either the sales price or the appraised value, (whichever is lower), and then converted to a percentage, this is known as the <u>loan-to-value ratio</u>.
An LTV ratio is calculated by dividing the amount borrowed by the appraised value of the property, expressed as a percentage. The loan-to-value (LTV) ratio is a measure comparing the amount of your mortgage with the appraised value of the property. The higher your down payment, the lower your LTV ratio. Mortgage lenders may use the LTV in deciding whether to lend to you and to determine if they will require private mortgage insurance. In some cases, you'll find that the home you're in the process of purchasing appraises for a bit higher than the contract price, which will in turn, lowers your LTV ratio. Keep in mind, though, that it's not common for homes to appraise for much more than the contract price.
To learn more about loan-to-value ratio here
brainly.com/question/28189313
#SPJ4