A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence, the long market value at maintenance in this case is $120,000.
<h3>What do you mean by long market value?</h3>
Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;
The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.
To calculate the <em> </em>long market value at maintenance, divide the debit balance by .75 ($90,000 / .75 = $120,000)
Hence, the long market value at maintenance is $120,000.
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Answer:
Note: The full question is attached below
Date Accounts Title and Explanation Debit Credit
Mar-31 WIP-Fermenting Department $15,971
Raw Material Inventory $9,288
Wages payable $3,305
Manufacturing Overhead $3,378
(Being cost assigned to WIP-Fermenting department)
Answer:
Factors to consider:
1. Specialisation role
2. Complexity of sales process
3.Tenure
4.Geographical coverage
5. Sales Representative leadership
6. Support network
7. Internal Bureaucracy
8. Value add of managers
Factors not to consider;
1. Market share
2. Production process
3. Distribution process
4. Personal affiliation, race or religion
Explanation:
When considering a company's span of control, which simply means the number of junior staff a manager should manage, it is important to note factors relating to geographical coverage, a wide coverage can create difficulties in supervision to a manager. Consequently reducing the span of control.
Specialisation also help in ensuring the manager is an expert in the area he or she supervise. Experienced manager with good understanding of the tasks, good knowledge of the workers and good relationships with the workers, will be able to supervise more workers
The complexity of a sale process can affect a manager's supervision performance. if the sale process for example require an online payment to a final user who may not be physically available. Supervising such sales requires adequate training.
Other factors like; Tenure, Sales Representative leadership, Support network, Internal Bureaucracy, Value add of managers are paramount in determining span of control. However, market share, production process, distribution process and personal affiliation, race and religion should not affect the span of control.
Answer:
The correct answer is letter "A": industry-wide differentiation strategy.
Explanation:
An industry-wide differentiation strategy aims to broaden the scope of a business that is specially dedicated to the retail of products of a certain industry. The company keeps focusing on the same industry but supplying more related products consumers their typical consumers are likely to purchase. Part of the strategy implies reaching new markets, thus, investment in new locations might be necessary.
