Answer:
Account's Equity:
Investment in ABC = $4,000 ($40 x 100)
This is made up of initial investment of $3,000 and Unrealized Gain of $1,000 ($10 x 100) for the appreciation in market value.
Explanation:
The account's equity is the share in ownership rights of the customer in the margin account. According to investopedia.com, "A margin account is a brokerage account in which the broker lends the customer cash to purchase stocks or other financial products. The loan in the account is collateralized by the securities purchased and cash, and comes with a periodic interest rate."
Answer & Explanation:
a) Total ways to select 4 cards out of 52
= 52 C 4 = 270725
Total ways to select 4 cards out of 40 other (faceless) cards
= 40 C 4 = 91390
P( faceless cards ) = 91390 / 270725
= 0.3376
P( minimum 1 face ) = 1 - P( faceless cards )
= 1 - 0.3376
= 0.6624
You should take the bet because probability of winning is greater than 50%.
b) Total ways to select 3 cards out of 52
= 52 C 3 = 22100
Total ways to select 4 cards out of 40 other (faceless) cards
= 40 C 3 = 9880
P( faceless cards ) = 9880 / 22100
= 0.4471
P( minimum 1 face ) = 1 - P( faceless cards )
= 1 - 0.4471
= 0.5529
You should take the bet because probability of winning is greater than 50%.
Answer options:
a. partly successful.
b. partly unsuccessful.
c. totally successful.
d. totally unsuccessful.
Answer:
D) totally unsuccessful.
Explanation:
Since Sari ratified the contract that Rolf made with Tige, then she should not try to rescind it because Tige can enforce it. Sari had the chance to void the contract, but instead she voluntarily decided to ratify it, and by doing so she expressly agreed to perform her part (which is paying for it).
Answer:
Allocated MOH= $675
Explanation:
Giving the following information:
Overhead Application Rate of $4.50 per direct labor dollar incurred.
Direct labor dolalrs= 10*15= $150
<u>To calculate the manufacturing overhead applied to the job, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4.5*150
Allocated MOH= $675
Answer:
The answer is: Primary data
Explanation:
Primary data is data collected by a company (or a research firm working for them) from first hand sources: e.g. surveys, interviews, polls, experiments.
The difference with secondary data is that it was collected specifically for the research project, which makes it more expensive also. While secondary is collected by someone else for another purpose or more general purposes like UN's or a university's research.