Answer:
It can be greater as well as less.
Explanation:
1st of all we should know what is Future Price and what is Stock Index.
The futures price can be more or less that the predicted fee.
When futures costs are lower than predicted price spot fees, the situation is known as normal backwardation.
When futures prices are higher than anticipated spot charges, it is called normal contango
Answer: 
Explanation:
Given:
Net income(before taxes) = $335,000
Effective tax rate for the current year = 29.5%.
We'll compute the actual tax rate using the formula given below:
⇒ Taxable Income = Net income(before taxes) - Interest revenue + Insurance premiums
Taxable Income = $335,000 - $35,000 + $12000
∴ Taxable Income = $312,000
⇒ Income tax expense = Income × Effective tax rate
Income tax expense = $335000 × 0.295
∴ Income tax expense = $98,825
Equating these two value in above formula, we get;
Answer:
Scenario 1.
Explanation:
According to the scenario, computation of the given data are as follow:-
Patent:- Patent is a intellectual property that gives the right to its owner to making, using and selling the invention and transfer that right to others too. Patent has their legal life.
Research and development cost:- Research and development cost is an intangible assets which incurred by company.
1st Scenario:- Manufacturer spends $450,000 on research and development cost. It is an expenses. It will not the cost of oven.
2nd Scenario:- Because patent purchased by the third party so no research & development cost incurred on the patent.
According to the analysis when we compared scenario 1 and scenario 2, company will report high research and development expenses in Scenario 1.
Answer:
Material Quantity Variance = $18,000 Favorable
Explanation:
Material Quantity Variance = (Standard Quantity - Actual Quantity) 
Standard Rate
Provided information
Here, Standard Rate = $3.00 per pound of raw material
Standard Quantity for Actual Output of 60,000 batches = 60,000 1.4 pound = 84,000
Actual Quantity = 78,000
Material Quantity Variance = (84,000 - 78,000) $3.00
= 6,000 $3.00 = $18,000
Since standard quantity is more than actual it is a favorable variance.
Answer: D. Strong form market efficiency
Explanation:
Strong form efficiency this is the most demanding version of the efficient market hypothesis (EMH) investment theory, Which states that for all information in a given market, whether it’s a public or private market, they are usually accounted for in a stock's price.
