Answer:
The options for the question is:
A. pre-sale net
B. syndicate group net
C. designated net
D. member takedown
Explanation:
The answer is D. member takedown
The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.
When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.
The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.
Answer:
The journal entry is as follows:
On April 29,
Salaries A/c Dr. $1,250,000
To social security taxes payable 75,000
To medicare taxes payable 18,750
To Federal withholding taxes payable 250,000
To salaries payable 906,250
(To record the payroll for the week)
Answer:
Div₃ = $2.81
Explanation:
dividend yield = current dividend / current stock price
0.05 = current dividend / $50
current dividend = $50 x 0.5 = $2.50
Div₀ = $.250
Div₁ = $2.50 x 1.04 = $2.60
Div₂ = $2.60 x 1.04 = $2.704 = $2.70
Div₃ = $2.704 x 1.04 = $2.81
The number of trips that Hammerhead must sell to get break even is 200 trips.
<u>Explanation:</u>
<u>Calculation of Break Even Point:</u>
Break Even Point = Fixed Cost divided by Contribution Per Unit
<u>The given data </u>: Fixed Cost = $6,000
Contribution Per Unit = Selling Price minus Variable cost per unit
Thus, Contribution Per Unit = $50 - 20 = $30
Break Even Point = 6,000 / 30 = 200 trips
Thus, the number of trips that Hammerhead must sell to get break even is 200 trips.
Answer:
$2000
Explanation:
1000x2=2000 child tax credit
AGI is lower then 110,000 for joint filling.