Answer: B. Bought the bonds from Dalrymple and sold them to the public
Explanation:
Investment Banks help companies issuing new securities in diverse ways to ensure that they raise the capital they are looking for. Some of the ways they help include; underwriting securities and market research. The main way they help companies issuing new securities however, is underwriting.
With Underwriting, the Investment Bank usually buys all the securities on offer from the Issuing company, then sells them at higher price to make a profit. This helps the issuing company because they get to sell all or most of their securities so it reduces uncertainty.
The Commonwealth Bank of Australia therefore bought the bonds from Dalrymple and sold them to the public.
Answer:
d)= 6,500
Explanation:
The break-even point (BEP) is the units of the product that Ferkil Corporation must sell for it to make no profit or loss.
This units can be determined as follows:
BEP = Total fixed cost + target profit/ selling price - variable cost
So we substitute the variables given into the formula
5000 = 225,000 /(100-X)
5000×(100-X) =225,000
500,000 -5000x = 225,000
(500,000 -225,000)/5000 = x
X= 55
variable cost per unit = $55
Units to sell to achieve a profit 67,500
= (225,000 + 67,500)/(100-55)
= 6,500
Answer:
Sound Audio
Yes. This loss should be accrued.
Explanation:
Accruing the loss contingency gives the readers of the financial statements an early warning of the probable existence of a future loss. A loss contingency arises from a probable future event, which gives rise to an adverse outcome from a lawsuit. Since the cost of the loss can be reasonably estimated and the product recall is virtually certain, it is prudent for Sound Audio to provide for this loss in its December 2021 financial statements.
Answer:
the amount of the cost of goods sold is $55,120
Explanation:
The computation of the cost of goods sold for the month is shown below:
Since 800 units were sold out of which 360 units would sold at $70 and the remaining units i.e. 440 units would be sold at $68
= 360 units × $70 + 440 units × $68
= $25,200 + $29,920
= $55,120
Hence, the amount of the cost of goods sold is $55,120
Answer:
He has lost the previous files as he has been replacing them.
Explanation:
When you save a file in your computer, you need to save it with a name that is different from the names of the other files you have in the computer. If you save file with the same name of another file, you will replace that file and will lose the information you had. So according to this, as Jack is saving all his work for the class with the name of the course, it means that he has saved everything with the same name and he has lost the previous files because everytime he saves a new file he replaces the previous one.
