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3 years ago

You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. What is your maximum possible loss?

Business

1 answer:

Fed [463]3 years ago

3 0

Answer:

The answer is D.

Explanation:

Short selling is a trading strategy that speculates on the fall or decline of a particular security price.

Here, investor borrows a stock from a dealet, sells the stock, and then purchases the stock back to return it to the dealer. Short sellers are hoping that the stock they sell will fall or decline.

The maximum possible loss is unlimited because the price increase (which will be at a disadvantage to the investor might not be known).

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Shawn Incorporated planned to produce 3,000 units of its single product, Megatron, during November. The standard specifications

kow [346]

Answer: The actual cost of materials was less than the standard cost

Explanation:

Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance

= 380 + (-120 unfavorable)

= 380 - 120

= $260 favorable

As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. 

7 0

3 years ago

3m is a master of the __________ pricing strategy. according to a 3m manager, "we hit fast, price high, and get the heck out whe

Alex777 [14]

E

I hope this helps and have a wonderful day filled with joy!!

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5 0

3 years ago

In the russian domain, where does the commercial agricultural products concentrate

notsponge [240]

Belarus and central European Russia had very long growing season, but they had acidic podzol soils that limit farm output. Three environments influence agriculture in this region, Poor soils, cold temps, forests north of Moscow and St. Petersburg. Soils support commercial wheat, corn, sugar, beets, meat production.

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3 years ago

If house A had a sale price of $70,000, monthly rent of $500, and a GRM of 140; House B had a sale price of $68,500, monthly ren

Lubov Fominskaja [6]

Answer:

$69,300

Explanation:

Given the following :

House A :

Sales price = $70,000

Monthly rent = $500

GRM = 140

House B :

Sales price = $68,500

Monthly rent = $490

GRM = 139.8

House C :

Sales price = $70,500

Monthly rent = $485

GRM = 139.6

The gross rent multiplier GRM is obtained as the proportion of the sale price of a property to it's monthly rent.

GRM = (Sales price / monthly rent)

If a property is rented for 495 and house A is the

most comparable, then

Sales price will be closest to:

GRM of House A × monthly rent of property

140 × $495 = $69,300

7 0

3 years ago

Lion Industries required production for June is 132,000 units. To make one unit of finished product, three pounds of direct mate

OleMash [197]

Answer:

Raw materials to be Purchased 426,000

Explanation:

Raw materials production needs 396,000 (A)

Desired Ending Inventory 330,000 (B)

Total needs 726,000 (C) (A+B)

Beginning Inventory (300,000) (D)

Raw materials to be Purchased 426,000

(A)

Required production 132,000

each units required 3 pounds of raw materials per unit

so we multiply to get how many are required for production

(B) the desired inventory are additional units we need to purchase

(D) the beginning inventory are units we already have on inventory, decreasing our purchase needs.

6 0

3 years ago