Answer:
The journal entry to record the purchase of treasury stock would be:
Debit ($) Credit ($)
Treasury Stock 3,800
Cash 3,800
Explanation:
In order to prepare The journal entry to record the purchase of treasury stock we would have to calculate the treasury stock as follows:
Treasury Stock=shares purchased*cost per share
Treasury Stock=100 Shares x $38.00 per share
Treasury Stock=$3,800
Therefore, The journal entry to record the purchase of treasury stock would be:
Debit ($) Credit ($)
Treasury Stock 3,800
Cash 3,800
I would say mechanical workers. kinda like robots because they can work 24/7
Answer:
Re-order time 1 month
Explanation:
EOQ = 
D= 450 units
S=10
H=30%
EOQ=
= 39 units
Number of units D/EOQ = 450/39 = 12
re-order time = total period / Number of orders = 1 year /12
= 1 month
The answer is $120.
Explanation: The computation of the net profit or loss is shown below: Before that we have to determine the following calculations
Net Profit from call option is = (Gain from Exercising Call Option - Option Premium paid) × Size of the Contract
= (($47 - $42) - $2.60) × 100 Shares
= $240
Net Loss from put option is
= (Option Premium paid) × Size of the Contract
= $1.20 × 100 Share
= $120
So, the net profit is = Net Profit from Call Option - Net loss from Put Option= $240 - $120
= $120
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The impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the inflow of foreign financial capital as well as a better exchange rate.
<h3>How can budget deficit have effect on trade balance?</h3>
When there is a stronger exchange rate there will be a little bit difficult for all the exporters that want to sell their goods to foreign countries, and at this time the imports will become cheaper.
In this case, trade deficit will definitely bring about an inflow of foreign financial capital as well as a good exchange rate.
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