Answer:
A trade area is a geographical area or international region in which a commercial enterprise transacts business. Also known as market area, it is a company's 'commercial territory'. A business' trade area represents a location where all or most of its sales volume occurs.
Explanation:
Answer:
price level fall and value of money is rises
Explanation:
given data
one year basket costs = $10.00
two year two basket costs = $9.00
one year buy baskets = $50
year two,buy baskets = $50
to find out
as the price level falls, the value of money will be
solution
we see that when we compare to 1 year price go down from $10 to $ 9
so deflation at annual rate is = 10%
so here
sum of $50 will be buy here = = $5 in one year
and $ 50 buy in 2 year is = = $5.56 in two year
so this is show here that price level fall and value of money is rises
Answer:
Manufacturing overhead rate variance= $494 favorable
Explanation:
Giving the following information:
Variable overhead 0.4 hours $ 7.90 per hour
The company produced 6,100 units in January using 2,470 direct labor-hours.
The actual variable overhead rate was $7.70 per hour.
To calculate the variable overhead rate variance, we need to use the following formula:
Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
Manufacturing overhead rate variance= (7.9 - 7.7)*2,470
Manufacturing overhead rate variance= $494 favorable
<h3><u>Full question:</u></h3>
A client has a Cash Account at a broker-dealer and one week ago was sold out of a position for failure to make prompt payment. The customer has now decided to buy 100 shares of ABC common stock 50. This client will be required to
[A] make the required Reg T 50% deposit using regular-way settlement.
[B] make the required payment in full for the purchase using regular-way settlement.
[C] make the required payment in full for the purchase prior to entering the order because the account would be frozen.
[D] wait 90 days prior to entering the order to buy the stock because the account would be frozen.
<h3><u>Answer:</u></h3>
This client will be required to make the required payment in full for the purchase prior to entering the order because the account would be frozen.
<h3><u>Explanation:</u></h3>
If someone has been traded out for failure to make the immediate payment that the record must be halted for 90 days. When a report is prohibited for 90 days the will keep sufficient cash to reach the entire trade value ere the order to purchase is entered. Since this is a Cash account, they will not be permitted to invest 50% of the acquisition price, as this is just conceded in a margin account.
The record is prohibited so the would not be entitled to obtain payment practicing a regular way settlement. When a record is prohibited , they must deposit funds ere registering orders to purchase but are not prevented from obtaining purchases.