Answer:
$55.50
Explanation:
The bid price is $55,25 is the price applicable to investors would intend to sell their investment.
The ask price is $55.50 is the price applicable to investors who wish to acquire the Fincorp stock.
The prices have been computed in such a way that the broker will always gain, whether an investor is buying or selling his/her stake.
Conclusively, the order given to the broker to buy at market would be executed at the ask price of $55.50, not the other way round.
Answer:
Explanation:
Revenue is $150 per semester credit hour
Materials cost = $21*45=$945
Labor cost = $4500
Overhead cost = $27,000
Total cost=$945+$4500+$27,000=$32,445
Multifactor probability = Revenue/Total cost = (150+80)*45/32,445=10,350/32,445 = 0.32
Answer:
a.
Accumulated depreciation 44600 Dr
Cash 52700 Dr
Equipment 84400 Cr
Gain on disposal 12900 Cr
b.
Accumulated depreciation 44600 Dr
Cash 39800 Dr
Equipment 84400 Cr
c.
Accumulated depreciation 44600 Dr
Cash 34700 Dr
Loss on disposal 5100 Dr
Equipment 84400 Cr
Explanation:
First we need to determine the net book value of the equipment at the time of sale. The net book value is the net value after deducting accumulated depreciation from the cost of the asset.
Net Book value = Cost - Accumulated depreciation
Net Book Value = 84400 - 44600 = $39800
- If the asset is sold for more than its net book value, there is gain on disposal.
- If it is sold for exactly its net book value, there is no gain or no loss on disposal.
- If it is sold for less than its net book value, there is loss on disposal.
a.
Gain on disposal = 52700 - 39800 = $12900
b.
No gain or no loss as Net Book Value of the asset equals the amount of cash it is sold for.
c.
Loss on disposal = 34700 - 39800 = - $5100
Answer:
The correct statements about credit sales are:
- Accounts receivable arise from credit sales
- Accounts receivable should be reported at net realizable value.
- Revenue is reported when the company fulfills its promise to transfer control of a good or service to a customer
Answer: fall; rise
Explanation:
The real interest rate is the rate of interest that is received by an investor, lender or after inflation has been taken into consideration.
The real interest rate is when the inflation rate is deducted from the nominal interest rate. A reduction in the domestic real interest rate would cause a fall in net exports and a rise in the exchange rate.
