Answer:
727 debit seller, credit buyer
Explanation:
To begin, it is imperative to find the monthly tax rate.
Therefore, we have;
$1,700 ÷ 12 = $141.67 monthly rate.
This can be pruned further to obtain our daily rate. Hence,
$141.67 ÷ 30 = $4.72 daily rate
Seller owes 5 months - first 5 months of the previous year: $141.67 x 5 = $708.35
Additionally, the seller owes 4 days(this represents 1st to 4th of June):
Therefore, we have;
$4.72 x 4 = $18.88
Total amount that will appear on the settlement sheet is thus;
$708.35 + $18.88 = $727 debit seller, credit buyer
Answer:
Explanation:
Three types of depreciation relevant are straight line depreciation and number of units basis and double declining method
Straight line
Machine cost - 206,800
salvage value - 16000
Depreciation- 190,800
Useful life - 4 years -
Annual depreciation = 47,700.00
Year 1= 47,700.00
Year 2= 47,700.00
Year 3= 47.700.00
Year 4- 47,700.00
Total= 190,800
B)
Unit basis
Estimated unit = 477000
Actual units produced = 122700+123000+120500+120800= 487,000
Excess unit produced = 487000-477000=10000
Year 1 = 122700/477000*190800= 49,079.99
Year 2= 123000/477000*190800= 49,199.99
Year 3 = 120500/477000*206800= 48,200.00
Year 4 =120800/477000*206800=48,320,00
Total =$194,800
c)
Double decline method
rate = 1/4*2*100=50%
Year 1= 50%* 206800= 103400.00
Year 2 = 50%* 103400= 51700.00
Year 3= 50% * 51700= 25850.00
Year 4 = 50%* 25850=12925.00
total =193875.
The opening price of the Dow Jones Industrial Average on Oct 12, 2018 was 25,598.74.
<h3>What is the Dow Jones Industrial Average?</h3>
This is one of things known as stock market indexes that track the stock market prices of 30 large companies.
On Oct 12, 2018, this index had an opening price of 25,598.74 after having suffered a loss of 3.2% in the previous day's trading.
Find out more on the Dow Jones Industrial Average at brainly.com/question/24305023.
#SPJ1
Answer: c. $19
Explanation:
Under the FINRA 5% Policy, a fair and reasonable mark-up or commission is based upon the current market price of the stock not how much the dealer bought it for or rather their cost. As such, when the customer buys, which was the case in this scenario, the mark-up is charged on the <em>inside ask price</em> which in this case is $19.
Were the customer to be selling, any mark-downs will be charged on the <em>inside bid price </em>which in this case is $18.
Answer:
1.41 Approx
Explanation:
The computation of the beta for the stock T is shown below:
Beta of portfolio = Respective betas × Respective investment weights
1.30 = (0.14 × 0.81) + (0.5 × 1.36) + (0.36 × beta of the Stock T)
1.30 =0.7934 + (0.36 × beta of the Stock T)
beta of the Stock T = (1.3 - 0.7934) ÷ 0.36
= 1.41 Approx
We simply multiplied the beta of each stock with its investment weights order to calculate the beta of the stock T as portfolio beta is given
