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Answer:
$ 13.17
Explanation:
Data provided :
Material cost in the beginning = $ 126,000
Additional material cost = $ 32,000
thus,
the total material cost = $ 126,000 + $ 32,000 = $ 158,000
Units in the work in progress = 12,000 units
Therefore, the material cost per unit for July = (Total material cost) / (Units being produced)
on substituting the values in the above relation, we get
he material cost per unit for July = ( $ 158,000 ) / ( 12,000 units )
= $ 13.1667 ≈ $ 13.17
Answer:
You must deposit $14,824.07
Explanation:
Giving the following information:
Sister:
Investment= $14,000
Interest rate= 10.5%
Number of years= 9
You:
Investment=?
Interest rate= 9.8%
Number of years= 9
First, we need to calculate the future value of your sister:
FV= PV*(1+i)^n
FV= 14,000*(1.105^9)= $34,386.55
Now, we can determine your deposit:
PV= FV/(1+i)^n
PV= 34,386.55/ (1.098^9)= $14,824.07
Answer:
b. PROTECT SHAREHOLDERS' RIGHTS BY MAKING SURE THAT STOCK MARKETS ARE RUN FAIRLY
Explanation:
- The U.S (SEC) securities and exchange commission is an independent agency of the American government and is responsible for enforcing the federal security laws and rules and regulated the industry.
- The SEC was created by the securities exchange act of 1934, mission as to protect the investors, maintain fair and orderly, and have an efficient market.
- <u>Publishes quarterly and semi quarterly reports form the companies that are crucial for investors to make a sound decision when investing in the capital markets.</u>