Answer:
$50
Explanation:
The computation of the stock price level is shown below:
Maintenance margin = Number of shares purchased × price - loan amount ÷ Number of shares purchased × price
30% = 100 shares × price - $3,500 ÷ 100 shares × price
30% × 100 shares × price = 100 shares × price - $3,500
30 × price = 100 shares × price - $3,500
After solving this, the price would be $50
And, the loan amount equal to
= Number of shares purchased × per share price × initial margin
= 100 shares × $70 × 50%
= $3,500
Answer:
L-Ten, Triol and Pioze
Revenue $1,000,000 ; $2,000,000 ; $700,000
Total Costs $750,000 ; $750,000 ; $510,000
Gross Profits $250,000 ; $1,250,000 $190,000
Explanation:
Gross Margin percentage = Gross margin / Revenue
Gross Margin Percentage = Total Gross Margin of all products / Total revenue
Gross Margin Percentage = $1,690,000 / $3,700,000 = 0.45
Gross margin percentage is 45%
Answer:
D --> 3
B --> 2
A --> 1
C --> 4
Explanation:
1.- The company should pick the most probable outcome when possible to evaluate liabilities, and only recognize revenues and assets with certain.
Between two favorable figures, it will pick the lowest if it is not certain about the second outcome.
2.-The accounting should disclosure all information useful for third parties to make knowledgeable decisions about a company
3: the accounting should keep the same method over the years, so the assets valuation follow a certain logic. If the accounting change method every year, then the valuation of the assets will differ from period to period. This will make the books of previous year difficult to compare with the current year.
4.- The company needs to show any important data which is significant to the business
Answer:
Please refer to the below for the appropriate journal entry
Explanation:
Accounts receivable Dr $726,700
($676,000 + $50,700)
Sales revenue account Cr $676,000
Sale taxes payable account Cr $50,700
{(6% + 1.5%) × $676,000
Answer:
b. structural unemployment