Answer:
$1,700
Explanation:
Although the minimum equity to open a long margin account is $2,000. However, this does not apply if the securities in the account are paid fully.
It will amount to potential loss if a customer is asked to deposit more than 100% when buying. Since the customer wants to buy 1,700 of stock, it means that 100% or $1,700 (100 shares × $17) must be deposited.
Answer:
d. All of the above are correct.
Explanation:
In the case when the government decided that each kind of family required atleast income i.e. $25,000 so it would decrease the work incentive for earning till to $25,000 also it should be taxed by the government. In addition to this, in the case when the workers are discouraged so they miss on the job training and limits their capability for improving out their skills
So as per the given scenario, the option d is correct
Answer: The correct answer is "d. all of the above"
Explanation: In a perfectly-competitive industry a firm have no incentive to enter or exit the industry when:
- market price is equal to minimum long-run average cost.
- each firm earns a normal return.
This happens because in perfect competition companies reach a long-term equilibrium where extraordinary benefits are eliminated.
Answer:
Monthly payment =$32,618.05
Explanation:
<em>To arrive at the monthly installment, we would calculate the total interest due on the loan for nine months, add it to the principal and then divided the sum by 9 months</em>
<em>The monthly installment</em>
= (Principal + total interest for 9 months)/ number of months
<em>Interest for 9 months </em>
= 9%× 9/12 × 275,000
= $18,562.5
<em>Monthly installment</em>
= (275,000 + $18,562.5)/9
=32,618.05 per month
Answer: $2.64
Explanation:
Based on the information given in the question, the outstanding diluted share will be calculated as:
= 300,000 + 15000(5/30)
= 300000 + 15000(0.16667)
= 300000 + 2500
= 302500
The amount that Kasravi Co. should report for diluted earnings per share for the year ended 2018 will be calculated as:
Diluted Earning per share = Net income /outstanding diluted share
= $800,000 / 302,500
= $2.64
ANSWER = (c) $2.64
