Answer:
$2,435
Explanation:
Data provided in the question:
Number of shares sold = 100
Price of Lowe's stock = $24.50 per share
Dividend paid = $3.20
Price of buying stock = $20.00 per share
Commission paid = 15 cents per share = $0.15 per share
Now,
Total cost of selling the shares = $24.50 × 100
= $2,450
Total commission = $0.15 × 100
= $15
Therefore,
Proceeds from the short sale = $2,450 - $15
= $2,435
Answer:
C
Explanation:
Because he can not price discriminate
Answer:
a) Taylor Industries can successfully cut back its labor cost in inventory stockrooms by counting only high-value items. These items are determined by reference to their Annual Usage values. The items' annual usage values should be used as the activity cost pool for accumulating and allocating labor cost in inventory stockrooms. Taylor Industries can establish a benchmark or cutoff point so that only the items meeting this benchmark are counted. For example, the items with annual usage value above $5,000 should be included in the items to be counted. This strategy will reduce the number of items to be counted and therefore the labor cost.
b) Since item 15 is critical to Taylor Industries' continued operations, it should be classified as a direct materials cost and not an overhead cost.
Explanation:
a) Data and Calculations:
a random sample of 20 of Taylor's items:
ITEM NUMBER ANNUAL USAGE ITEM NUMBER ANNUAL USAGE
1 $ 1,500 11 $ 13,000
2 12,000 12 600
3 2,200 13 42,000
4 50,000 14 9,900
5 9,600 15 1,200
6 750 16 10,200
7 2,000 17 4,000
8 11,000 18 61,000
9 800 19 3,500
10 15,000 20 2,900
Average annual usage value = $12,657.50
True.
I hope this helps! :)
The Healthcare industry is a great example of how the industry has become involved in Washington lobbying, as the number of their lobbies has increased recently.
According to the Public Disclosure Commission (PDC), lobbying is "attempting to influence the approval or rejection of any rule, standard, rate, or another legislative enactment by any state agency under the state Administrative Procedure Act, RCW.
In Washington, the sector that has spent the most on lobbying over the past 24 years is the pharmaceutical and health goods sector. Insurance, electric utilities, electronics manufacturers, and business groups are further businesses that spend a lot of money on lobbying.
The pharmaceutical and health goods business has outspent all others in lobbying spending $5.17 billion total.
To learn more about Lobbying
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