Answer:
Accounting software for the PC
Explanation:
Please mark me as brainliest
Answer:
Explanation:
If 100 shares were bought at the rate of $15 per share, then the cost of buying all would be
100 x 15 and that equals 1500.
Then if all 100 shares were sold at the rate of $21.75 each, then the total amount realized upon sales would be
100 x 21.75 and that equals 2175
The profit realized from the sales of these shares therefore would be,
profit = selling price - cost price
profit = 2175 - 1500
profit = 675
The percentage gain (profit) would be a percentage of what was spent to buy the shares before eventually selling them, so our percentage gain would be calculated as follows;
% Gain = (Profit/Cost price) x 100/1
% Gain = (675/1500) x 100
% Gain = 45
The percentage gain therefore is 45 Percent.
Answer:
Decrease by $30,000
Explanation:
Cost to buy = 15,000 * $34
Cost to buy = $510,000
Note: Since Ortega is buying 15000 units at $34, the $40,000 avoidable cost on fixed manufacturing overhead is non-applicable.
Cost of making = $150,000 + $240,000 + $90,000
Cost of making = $480,000
So, if Ortega purchases the component from the supplier instead of manufacturing it, the effect on income would be decrease by $30,000 ($510,000-$480,000).
Answer:
$120
Explanation:
Given:
• Geometric growth rate of existing financial security:
$4 to $8 to $16 to $32 to $64 to $128
• Arithmetic growth rate of underlying assests:
$4 to $6 to $8 to $10 to $12 to $14
From the values, when the price of the underlying assests is $14, the price of the existing financial security is $128.
We are told to that when values of financial secrities increased from $4 to $128, that of underlying assests also increased from $4 to $14. If patterns hold for decreases as well as for increases. Therefore to get the value of financial securities decline if the value of underlying assests suddenly and unexpectedly fell by $6, we have:
Price of underlying assests when decreased by $6 =
$14-$6 = $8.
Therefore, price of existing financial security decline wil be:
$128-$8 = $120
