Answer:
$1,300
Explanation:
Calculation to determine what the market maker’s net profit from Brent’s transaction
First step is to calculate the bid-ask spread using this formula
Bid-ask spread=Ask price-Bid price
Let plug in the formula
Bid-ask spread=$31.80-$30.50
Bid-ask spread=$1.30
Now let calculate the Net profit
Using this formula
Net profit=Bid-ask spread*Shares resell
Net profit=$1.3 x 1000 shares
Net profit=$1,300
Therefore the market maker’s net profit from Brent’s transaction will be $1,300
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Unemployment
- define unemployment
- What results because of unemployment
- why does unemployment happen?
- when does unemployment happen?
- Who are the most unemployed people? Why?
- research information about unemployment
retrenchment
- define retrenchment
- what causes retrenchment to happen?
- How does retrenchment affect society
Globalisation
- define globalisation
- What happens during globalisation?
- Is globalisation a good or bad things? What does it impact?
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The amount of overhead allocated to a job that used 300 direct labor hours is $900.
<h3>Overhead allocated:</h3>
First step is to calculate the predetermined overhead rate per direct labor hour
Using this formula
Predetermined overhead rate=Estimated manufacturing overhead/Estimated direct labor hours
Predetermined overhead rate=$450,000/150,000
Second step is to calculate the overhead allocated
Overhead allocated=Predetermined overhead rate × Direct labor hours
Overhead allocated=$3×300
Overhead allocated=$900
Inconclusion the amount of overhead allocated to a job that used 300 direct labor hours is $900.
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Answer:
The answer is: $18, 750
Explanation:
The double-declining-balance(DDB) method entails computing depreciation of an asset at an accelerated rate. This method is employed when the asset loses value quickly and is expected to generate more revenue at the earlier stages of its useful life. The depreciation is higher at the beginning and lower close to the end of the asset's useful life. The depreciation is computed as follows:
Depreciation = 2 * straight line depreciation percentage * Book value at the beginning of the period
Machine cost: $75, 000
Residual Value: $5, 000
Estimated Life: 4 years/18, 000 hours
Straight line depreciation percentage : 100/4 = 25%
Depreciation Year 1 on DDB = 2 * 25% * $75, 000
= $37, 500
Depreciation Year 2 on DDB = 2 * 25% * ($75, 000 -$37, 500)
= $18, 750
Answer:
$3,000 and 7,000
Explanation:
Please find attached the table used in answering this question
Equilibrium price is the price at which quantity demand equal quantity supplied.
Equilibrium quantity is the quantity that equates quantity demand with quantity supplied.
Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.
Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached
