Answer:
Explanation:
In finance, short selling (also known as shorting or going short) is the practice of selling assets, that have been borrowed from a third party with the intention of buying identical assets back at a later date to return to the lender.
So in the given scenario the investor would be at lose of
Selling price = 3.74 per bushel
Purchase price = 3.61 per bushel
therefore lose of $ 0.13 per bushel you need to pay off.
Answer:
<u>A</u>
<u>Explanation</u>:
In this scenario note that it resulted to total dollar cost of the minutes provided been greater than the budgeted cost of estimated minutes.
Key word there is that the cost incurred is now above the budget, <u>therefore it is very likely that the technicians were being less competent than anticipated at their level, leading to greater cost.</u>
Answer:
Correct option is c.
That is heavy cost and high regulations <u>raise cost of production so that the aggregate supply curve shifts to the left .
</u>
Explanation:
Supply curse shifting towards left means there is decrease production efficiency .
- TAXES MEANS it is the compulsory monetary payment which later get contributed in the state revenue .
- REGULATIONS MEANS a set of rule which is maintained by a superior authority .
Answer:
$61,500
Explanation:
Given;
Retained earnings balance at the beginning of the year = $ 308,000
Cash dividends declared for the Year = $68,750
Cash Dividends Payable at the beginning of the Year = $30,250
Cash dividends payable at the end of the year = $37,500
Now,
The Amount of cash paid for dividends = $30,250 + $68,750 - $37,500
or
The Amount of cash paid for dividends = $61,500
Answer:
e) All temporary accounts are closed but permanent accounts are not closed.
Explanation:
At the time of the closing entries, the temporary accounts are closed instead of all other accounts. The temporary accounts include revenues account, expenses account, dividend paid account, ultimately income summary account
These accounts are closed so that the amount of these accounts should be carried forward to the next accounting period. The amount would always be zero, And in every accounting period, these accounts are closed.