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topjm [15]
3 years ago
15

The margin requirement on a stock purchase is 25%. You fully use the margin allowed to purchase 100 shares of MSFT at $25.

Business
1 answer:
loris [4]3 years ago
8 0

Answer:

Return or Percentage Loss=-0.48=-48%

Explanation:

Given Data:

The margin requirement on a stock purchase =25%

Number of shares=100 shares

Price of purchase=$25/ share

Drop in Price=$22

Required:

Percentage loss=?

Solution:

Loss occurred=($22-$25)*100

Loss occurred=-$300

Actual amount at which shares are bought=0.25*($25*100)

Actual amount at which shares are bought=$625

Return or Percentage Loss=\frac{Loss}{Actual \ Amount}

Return or Percentage Loss=\frac{-300}{625} =-0.48

Return or Percentage Loss=-0.48=-48%

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Acme Company’s production budget for August is 17,600 units and includes the following component unit costs: direct materials, $
Ivan

Answer:

Instructions are below.

Explanation:

Giving the following information:

Actual production in August was 18,810 units.

During August, 319,770 pounds of raw material were used that were purchased at $0.50 per pound.

The standard direct material cost per unit consists of 11 pounds of raw material at $0.7 per pound.

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.7 - 0.5)*319,770

Direct material price variance= $63,954 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 18,810*11= 206,910

Direct material quantity variance= (206,910 - 319,770)*0.7

Direct material quantity variance= $79,002 unfavorable

7 0
4 years ago
Samir, the new CEO of Cloud Marketing, has been with the firm for over 25 years. He was picked by the board to turn the 85-year-
artcher [175]

Answer:

Embedding culture.

Explanation:

Embedding culture requires determining your leadership style, role modeling, teaching, and coaching. It is seen in how rewards and status is given and to whom, and in our criteria for recruitment, selection, promotion and excommunication of members.

4 0
3 years ago
By the 1990s did the u.s favor free trade or protection trade?​
densk [106]
The United States has free trade agreements (FTAs) in effect with 20 countries. ... The United States also has a series of Bilateral Investment Treaties (BITs) help protect private investment, develop market-oriented policies in partner countries, and promote U.S. exports.

The fledgling Republican Party led by Abraham Lincoln, who called himself a "Henry Clay tariff Whig", strongly opposed free trade and implemented a 44% tariff during the Civil War, in part to pay for railroad subsidies and for the war effort and in part to protect favored industries.

Another common argument against free trade is that it is unsafe to rely on upon conceivably antagonistic nations for vital goods and services. A few defenders of trade limitations contend that the danger of duties, shares, and so forth can be utilized as a negotiating advantage as a part of global negotiations.
3 0
3 years ago
The cost structures of a monopoly have ____________ relationships among fixed costs, variable costs, marginal costs, and average
Ksju [112]

The cost structures of a monopoly have the same relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.

Profits for the monopolist, like all organization, can be identical to total revenues minus total costs. The sample of costs for the monopoly may be analyzed inside the identical framework because the costs of a perfectly competitive firm—that is, with the aid of using using total cost, fixed cost, variable cost, marginal cost, average cost, and average variable cost.

However, due to the fact a monopoly faces no competition its situation and its choice method will fluctuate from that of a superbly aggressive organization.

<h3>What is Monopoly Price?</h3>

A monopoly price is set by a monopoly. A monopoly occurs when a firm lacks any viable competition and is the sole producer of the industry's product. Because a monopoly faces no competition, it has absolute market power and can set a price above the firm's marginal cost. Since marginal cost is the increment in total cost required to produce an additional unit of the product, the firm can make a positive economic profit if it produces a greater quantity of the product and sells it at a lower price.

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8 0
2 years ago
Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is Dece
White raven [17]

The  necessary December 31, 2021, adjusting journal entries are: Debit Depreciation expenses $10,300, Credit Accumulated depreciation $10,300.

<h3>Journal entries</h3>

Pastina Company Adjusting entries

Debit Depreciation expenses $10,300

Credit Accumulated depreciation $10,300

Debit Wages expense $900

Credit Wages payable $900

Debit Interest expense $1,518

($50,600 × 12% × 3/12)

Credit Interest payable  $1,518

Debit Interest receivable $1,373

($20,600 × 8% × 10/12)

Credit Interest revenue

Debit Prepaid insurance $4,125

($6,600 × 15/24)

Credit Insurance expense $4,125

Debit Supplies expense $340

($900 − $560)

Credit Supplies $340

Debit Sales revenue $2,300

Credit Unearned revenue $2,300

Debit Rent expense $600

Credit Prepaid rent $600

Therefore the necessary December 31, 2021, adjusting journal entries are: Debit Depreciation expenses $10,300, Credit Accumulated depreciation $10,300.

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7 0
2 years ago
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