Hi there
The answer is a
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Answer:
A. Wednesday
Explanation:
On which of the given days do you get a margin call? On Wednesday
Margin account will falls below the maintenance margin of $2,000 after the market close on Wednesday.
The margin call will be $2,000 - [2,700 - (100,000 - 97,843.72)] =$1,456.28.
Answer:
transferred-out 135,000
Explanation:
We solve using the following identity:
beginning WIP + cost added during the period:
total cost to be accounted for.
Then this value can be either ransferred-out r remain at the ending WIP
so we construct as follows:
beginning 0
added 180,000
Total cost 180,000
ending <u> (45,000) </u>
transferred-out 135,000
Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.
<h3>When the business earns normal profits?</h3>
A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.
Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.
learn more about Normal profit:
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