Answer:
$2,610
Explanation:
Calculation for how much money you must borrow.
Using this formula
Amount to be borrowed =( Purchased shares* Per share price*(Initial margin requirement percentage)
Let plug in the formula
Amount to be borrowed= 150 shares*$60 per shares *(1-0.71)
Amount to be borrowed=$9,000*(0.29)
Amount to be borrowed=$2,610
Therefore how much money you must borrow will be $2,610
There you go. let me know if this is right
The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.
<h3>Who is cashier?</h3>
A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.
A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.
Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.
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Answer:
the total trade receivable is $12,300
Explanation:
The computation of the total trade receivable is shown below:
= note due from customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales
= $1,570 + $9,730 + $1,000
= $12,300
Hence, the total trade receivable is $12,300
The other items would not be considered as it is not a trade receivables
According to the pyramid of corporate social responsibility, it was acting at the philanthropic responsibilities level.
<h3 /><h3>What is social responsibility?</h3>
Social responsibility is the responsibility of every individual to work for the welfare of the society, it is the help from the individual. The help can be of anyway like donate money, free volunteering in any occasion, explaining the importance of things to the people.
Thus, it is philanthropic responsibilities level.
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