Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2017 reveals the following.

You wish to sell short 100 shares of XYZ corporation stock. If the last two transactions were at $34.10 followed by $34.15, you

yan [13]

Answer: b. 34.15 or higher

Explanation:

Short sales refer to the sale of borrowed stocks in anticipation that the stock price of the underlying stock will fall. This will then enable you to make a profit by buying the cheaper shares and giving it back to the entity you borrowed from thereby making a profit.

With short sales, the price is usually upward trending so will normally increase from the last price. As the last price here was $34.15, that would be the likely minimum for the next sale.

This means that the next sale will either be at a price of $34.15 or a price higher than that.

6 0

2 years ago

. Department C is the first stage of Cohen Corporation's production cycle. The following equivalent unit information is availabl

allsm [11]

Answer:

1,657,000 units

Explanation:

The FIFO method is concerned with the work done in the current production period.

<u>Equivalent Units of Production - Conversion Costs</u>

To finish Opening Work In Process ( 85,000 x 80%) 68,000

Started and Completed [(1,430,000 - 85,000) x 100%] 1,345,000

Ending Work In Process 305,000 x 80% 244,000

Total Equivalent Units of Production - Conversion Costs 1,657,000

therefore,

the equivalent units for the conversion cost calculation are: 1,657,000 units

6 0

3 years ago

In 2015, the country with the highest GDP per capita in the world was

Musya8 [376]

I think c or d I’m sorry I’m not ver sure

5 0

3 years ago

Read 2 more answers

Given the following data for the economy, compute the value of GDP.

oksano4ka [1.4K]

Answer:

The value of GDP is 75

Explanation:

GDP is equal to Consumption + Investment + Government Spending + Net Exports (Exports minus Imports), where total Investment is equal to Fixed Investment plus the Change in Inventories.

The change in GDP will therefore equal the change in Consumption + the change in Investment + the change in Government Spending + the change in Net Exports, where the change in Investment will equal the change in Fixed Investment plus the change in the Change in Inventories.

= Government purchases of goods and services (10) + Consumption Expenditures (70 )+ Exports (5 ) - Imports (12) + Change in Inventories (-7 ) + Construction of new homes and apartments (15 ) - Sales of existing homes and apartments (22 ) + Government payments to retirees (17 ) + Business Fixed Investment (9)

= 75

5 0

3 years ago

Which of the following can help a business monitor quantitative business factors?

Georgia [21]

This system can help a business monitor quantitative business factors

Inventory and transaction systems

Explanation:

The Inventory and transaction systems are usually there to report on the tangible benefits of the transaction that are being made and the commerce that is happening for the business over all.

These inventories are thus to be deigned and computed in the manner that would best align with the interest of the company and the firm that is needed for the quantitative business.

Quantitatively, one would need substantial data and this can provide it well.

3 0

3 years ago