Answer:
False
Explanation:
The reason is that the short hedge is future contract sold by the seller of inventory and long hedge is the future contract purchased by the seller of the inventory at a specified date and at a agreed price. So the statement is incorrect and also that the long hedge or short hedge does not have any association with maturity or duration of hedging instrument.
Answer and Explanation:
a. The computation of overhead rate using activity-based costing is shown below:-
Cutting = Cost ÷ Machine Hours
Cutting = $381,600 ÷ 228,000
= $1.67 Per Machine Hours
Design = Cost ÷ No. of Setup
Design = $620,100 ÷ 1,710
= $362.63 per set up
The computation of the amount of Overhead Allocated is shown below:-
Wool:
114,000 × $1.67
= $190,380
= 1,140 × $362.63
= $413,398
Total = $603,778
Cotton:
114,000 × $1.67
= $190,380
= 570 × $362.63
= $206,669
Total = $397,049
The computation of amount allocated using traditional approach is shown below:- = $1,001,700 ÷ 2
= $500,850
Overhead Allocated to Wool = $500,850
Cotton = $500,850
Tabor company issues $20,000 of common stock to investors. recording this transaction will include a credit to common stock. A security that symbolizes ownership in a firm is called common stock. After creditors, bondholders, and preferred stockholders have been paid, whatever assets are left over after a liquidation go to common stockholders.
In the firm, various kinds of equities are traded. In other words, it's a method of allocating corporate ownership; as a result, each share of common stock corresponds to a certain proportion of a corporation. One share, for instance, would represent one percent ownership of a firm with 100 outstanding shares.
To learn more about common stock, click here.
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Answer:
- the servers thinks demand for drinks and food is elastic
Explanation:
Demand elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of price changes. When price goes up and demand goes down a lot, demand is said to be price elastic. When price rises and demand does not change significantly, demand is said to be inelastic to price.
In the opinion of the hosters the price of food and drink should rise. This means that in their view, demand is inelastic, that is, little sensitive to rising prices. On the contrary, severs believe that demand is elastic, very price sensitive. Thus, rising prices would decrease demand and lowering prices would increase demand and hence revenue.
Answer:
The mortgage interest amount will be "Zero (0)".
Explanation:
A property to pay. Unless the apartment is started renting for 15 days or more in one year as well should not be used for private purposes for even more of some
(1) 14 days as well as
(2) 10% of the total rentals days, the apartment shall be considered as rental home.
Gross income = $7000
Now,
![Total \ expenses = (2500+9000+2400+1000+7500) - personal \ deduction[(2500+9000+2400+1000+7500)\times \frac{13}{100} ]](https://tex.z-dn.net/?f=Total%20%5C%20expenses%20%3D%20%20%282500%2B9000%2B2400%2B1000%2B7500%29%20-%20personal%20%5C%20deduction%5B%282500%2B9000%2B2400%2B1000%2B7500%29%5Ctimes%20%5Cfrac%7B13%7D%7B100%7D%20%5D)
On putting the values, we get
⇒ 
⇒ 
And, Net rental loss will be:
So that the Mortgage interest itemized will be "0"
.
