Answer:
$40?
Explanation:
there is a 25% higher chance that the following year would be cooler then that it would be warmer, therefore there would be no advantage in buying xyz stock
The correct answer is $500.
An adjusted trail balance is prepared at the end of the accounting period. On this statement you will have what the value of the supplies in inventory is on the last day of the accounting cycle. In this example there are $500 worth of supplies left, which is why it is the correct answer.
Answer:
$73,000
Explanation:
Data provided in the question:
Selling Price per unit = $55
Variable rate per unit = $15
Budgeted fixed costs = $20,000
Number of chairs sold = 3,100
Now,
Contribution per unit = Selling Price per unit - Variable rate per unit
= $55 - $25
= $30
Therefore,
Total contribution = Contribution per unit × Number of chairs sold
= $30 × 3,100
= $93,000
Hence,
Operating income = Total contribution - Budgeted fixed costs
= $93,000 - $20,000
= $73,000
No, Pam will not succeed.
<u>Explanation:</u>
Pam will not succeed in the case in which she had sued the lottery office for claiming her lottery money which she had won. The reason for this is that she had lottery ticket.
And the rules of the contract of the lottery say that the ticket of the lottery must be shown if the amount of the lottery has to be claimed by the winner. Since Pam had accepted that rule when she had entered in to the contract, so now she has no right to sue the lottery office.
An investment banker is responsible for (b) taking deposits from investors.
Explanation:
- An Investment Banker helps its client in IPO and bond offerings.
- The Investment Banks help their clients with a companies valuation ( Actual worth of a company) thus an investment Banker help its client with the process of Merger and Acquisition.
- Investment Banker also acts as an advisor for various services like Depository,Mutual fund,Derivative services.