Answer:
$35.71
Explanation:
The computation of the stock drop price is shown below:
Maintenance margin = Number of shares purchased × price - loan amount ÷ Number of shares purchased × price
30% = 200 shares × price - $5,000 ÷ 200 shares × price
30% × 200 shares × price = 200 shares × price - $5,000
60 × price = 200 shares × price - $5,000
After solving this, the price would be $35.71
And, the loan amount is equal to
= Number of common stock shares purchased × per share value × initial margin
= 200 shares × $50 × 50%
= $5,000
Answer:
The consumer decision process is composed of problem recognition, search, evaluation, and purchase decision. Post-purchase behavior is the result of satisfaction or dissatisfaction that the consumption provides. The buying process starts when the customer identifies a need or problem or when a need arises.
Complex buying behavior.
Dissonance-reducing buying behavior.
Habitual buying behavior.
Variety seeking behavior.
Explanation:
A 99% confidence level means that 95% of the intervals would include the parameter.
<u>Explanation:</u>
In statistics, a confidence level is one of the types of estimate that has been calculated from the statistics of the observed data. This shows and calculates a range of the values which are possible for an unknown parameter.
The interval has an associated confidence level with it that the true parameter is in the proposed range of the values which are possible for an unknown parameter. A 99% confidence interval will be wider than a 95% confidence interval because to be more confident that the true population value falls within the interval we will need to allow more potential values within the interval.
Answer:
$13,300
Explanation:
The cost of improvement should be depreciation over the lower of - remaining lease term or estimated useful life of improvement
.
In our case, the lease number of years is shorter than the estimated life of improvement.
So, the cost will be depreciation for 5 years.
Hence, the amount to be recorded for first year:
= cost for improving leased office space ÷ Years remaining on lease
= 66,500 ÷ 5
= $13,300
Therefore, the amount of expense that should be recorded the first year related to the improvements is $13,300.
Answer:
1. The reason Sarah might want to use standard costs to compare with her actual costs is:
a. Management can evaluate the differences between standard costs and actual costs to focus on correcting the cost variances.
2. Drawbacks of using Standard Costs are:
c. Standards limit operating improvements because employees may be discouraged from improving beyond the standards.
d. Employees may focus only on efficiency improvement and their own operations rather than considering the larger objectives of the organization.
e. Standards may become "stale" in a dynamic manufacturing environment.
Explanation:
Standard costs encourage the pursuit of management goals. They are the costs that should be under a particular type of circumstances. They are usually compared with actual costs to determine their differences or variances. Their use helps management to focus on how to improve overall performance.
