Answer:
$1,700
Explanation:
Although the minimum equity to open a long margin account is $2,000. However, this does not apply if the securities in the account are paid fully.
It will amount to potential loss if a customer is asked to deposit more than 100% when buying. Since the customer wants to buy 1,700 of stock, it means that 100% or $1,700 (100 shares × $17) must be deposited.
Answer:
B. Canada has an absolute advantage in the production of oranges because it has higher productivity in oranges. C. Australia has an absolute advantage in the production of apples because it has higher productivity in apples.
Explanation:
A country has absolute advantage when it produces greater quantity of a product at the same cost when compared to another country.
Australia produces more apples; 75 tons when compared to 60 tons produced by Canada.
Canada produces more oranges; 150 bushels when compared to 60 bushels produced by Australia.
Australia has an absolute advantage in the production of Apples and Canada has an absolute advantage in the production of oranges.
I hope my answer helps you.
Answer:
Debit Unearned Revenue $5,480
Credit Revenue $5,480
Explanation:
On December 31, 6 months has been passed so, the revenue of 6 months should be recorded as the payment was recorded as unearned revenue on July 1. The revenue account will be credited by the 6 months revenue amount and unearned revenue account will be debited to reduce the amount by the six month accrual.
Total Unearned revenue = $10,960
Unearned revenue per month = $10,960 / 12 = $913.33
revenue for six months = 913.33 x 6 = $5,480
In ICS, the member of the command staff assume the title of OFFICER. Incident Command System [ICS] is the model tool for command, control and coordination of a response and provides a mean to coordinate the efforts of individual agencies as they work together toward achieving the common goal of stabilizing the incident and protecting lives, properties and the environment.
Answer:
The correct answer is letter "D": equal to the present value of all expected future dividends.
Explanation:
The Constant-Dash-Growth Valuation or the Gordon Growth Model is used to calculate the intrinsic value of a stock today based on the stock's expected future dividends. It is widely used by investors and analysts to compare the predicted stock value against the actual market price. The difference between them may determine if the stock is overvalued or undervalued by the market.