<span>The scenario implies that no family wealth will be passed onto children after their parent's death because the parent's debt will cancel out any assets that were accumulated during their life.</span>
Answer:
Price per share of preference share = $25
Explanation:
Preference dividend is generally fixed, and does not change as there is a standard rate prescribed at the time of issue of preference shares.
Provided here is, dividend for preference shares = $2
Expected return each year = 8%
Expected growth = 0%
Thus, cost or price per share of preference stock = Dividend/Expected Return = $2/8% = $25 each share.
Answer:
Total cash disbursement August= $102,510
Explanation:
Giving the following formula:
Direct labor hours= 8,400
Variable overhead rate= $1.30 per direct labor-hour.
Fixed overhead= 100,470 - 8,880= $91,590
Depreciation expense is not a cash disbursement cost.
<u>We need to calculate the cash disbursement for August:</u>
Total variable overhead= 8,400*1.3= 10,920
Total fixed overhead= 91,590
Total cash disbursement August= $102,510
A checking account is important to keep the money for easy withdrawals through usually an Automated Teller Machine, or ATM
<h3>What is Accounting?</h3>
This refers to the record-keeping of financial records with the aim of keeping track of the finances of a business or corporation.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
Read more about accounting here:
brainly.com/question/26243955
Answer:
No margin call is required
the price per bushel to trigger margin call = 1102 cents per bushel
Explanation:
The computation of given question is shown below:-
The Difference between the rates of futures = Settle Quote of present day - Closing Settlement Price Quote when future was sold
= 808 - 786
= 22
The margin on present day for future = quoted in cents × Difference between the rates of futures
The future is sold for 5000 bushels , this is quoted in cents that is $50
= 22 × 50
= 1,100
Current margin call = Initial margin - Price change
= $6,075 - 1,100
= $4,975
Therefore no margin call is required as the margin balance is exceeds the maintenance margin requirement.
maximum loss per contract before margin call = Initial margin - Maintenance Margin
= $6,075 - $4,500
= $1,575
Maximum price before margin call = 786 + (1,575 ÷ 5,000)
= 786 + 315
= 1101 cents
So, the price per bushel to trigger margin call = 1102 cents per bushel
