Answer:
The actual price was $0.2 lower than the standard price.
Explanation:
Giving the following information:
A company purchases 20,000 pounds of materials. The materials price variance is $4,000 favorable.
<u>To calculate the direct material price difference, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
4,000 = (direct material price difference)*20,000
$0.2= direct material price difference
The actual price was $0.2 lower than the standard price.
Answer:
[B] To protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Explanation:
A stockbroker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
The SEC, an acronym for Securities and Exchange Commission was created under the Securities Exchange Act of 1934. The Act empowered the SEC to require registration of securities, security exchanges, and reporting by publicly owned firms.
Hence, a principal purpose of the Securities Exchange Act of 1934 is generally considered to be to protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Answer:
B. broad bands
Explanation:
The practice described is known as broad banding and it consists in promoting salary bands that are considerably wider than the traditional pay structure. The large difference between minimum and maximum pay in this model gives the manager the flexibility for restructuring assignments and awarding pay increases.
Therefore, the answer is B. broad bands
Answer:
The debit yield ratio is 9%
Explanation:
Rent = 12 units × 12 months × $1,050 = $151,200
Net Operating Income = Rent- Operating expenses - Expected vacancy and collection losses + Garage rent
= $151,200 - $35,700 - $30,240 + $3,840
= $89,100
Debt amount = Price × (1 - Down payment)
= $1,100,000 × (1 - 0.1)
= $990,000
Debt yield ratio =
=
= 9%
Why should mary ann and nana create a business plan is to enables the aim and objective of their business to be realistic.
Mary ann and Nana should create a business plan due to the following reasons:
- Creating a business plan will help them to achieve their core business goals.
- Business pan will help both mary ann and nana to determine the strategy they need to achieve their aims.
- Creating a business plan will help to highlights all the vital information concerning the business so as to make their business succeed.
- Creating a business plan will help in maximizing their profit or in managing their cash.
Inconclusion why should mary ann and nana create a business plan is to enables the aim and objective of their business to be realistic.
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