Why does amazon say not deliverable to this address

Which account would you have a debit card linked to?

yulyashka [42]

D) checking account

3 0

3 years ago

The Bert Corp. and Ernie, Inc., have both announced IPOs. You place an order for 1,150 shares of each IPO. One of the IPOs is un

Tems11 [23]

Answer:

The Bert Corp. and Ernie, Inc.

The profit expected is:

= $2,875.

Explanation:

a) Data and Calculations:

The Bert Corp. Ernie, Inc.

IPO order placed 1,150 shares 1,150 shares

Underpriced by $18.00

Overpriced by $6.50

Profited expected $10,350 -$7,475

Net profit = $2,875 ($10,350 - $7,475)

b) The profit expected is generated from the underpriced stock. This profit is reduced by the increased cost incurred on the over-priced stock. Therefore, the net profit is the difference between the profit and the additional cost incurred.

8 0

3 years ago

You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. You invest 1,120 shares. Your

BlackZzzverrR [31]

Answer:

(a) Since the percentage margin is more than maintenance margin, there would be no call

(b) A margin call would be received when the price is $15.26

Explanation:

(a) Total investment = $23,072 × $\frac{100}{50}$ = $46,144

Total shares = Total investment ÷ share price

= $46,144 ÷ $41.2 = 1,120

Value of share in market = new price × number of shares

= $41 × 1,120

= $45,920

Value of equity = Value of share in the market - borrowed cash

= $45,920 - $23,072

= $22,848

Percentage margin = Value of equity ÷ Value of shares

= ($22,848 ÷ $45,920) × 100%

= 49.76%

(b) Total number of shares = 1,120

Assumed value of shares = $1,120X

Borrowed fund = $23,072

Value of equity = $1,120X - $23,072

Margin = Value of equity ÷ Value of shares

0.35 = ($1,120X - $23,072) ÷ $1,120X

392X = $1,120X - $23,072

1512X = $23,072

X = $15.26

7 0

3 years ago

The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receiv

Kobotan [32]

Answer:

Current Assets = $2,210,000

Shareholders Equity = $1,000,000

Non-Current Assets = $690,000

Long-term Liabilities = $1,050,000

Explanation:

Current Assets

Current Ratio is Current Assets divided by Current Liabilities.

Acid Test Ratio is Current assets less inventory divided by Current Liabilities.

Equating the two we have,

Current Assets / Liabilities - (Current Assets - Inventory) / Current Liabilities = 2.60 - 1.60

(Current Assets - Current Assets - 850,000 ) / Current Liabilities = 1

850,000/Current Liabilities = 1

Current Liabilities = $850,000

With Current Liability known, Current Assets can be calculated using the Current Ratio.

2.60 = Current Assets / Current Liabilities

2.60 = Current Assets / 850,000

Current Assets = $2,210,000

Shareholders Equity

Debt to Equity Ratio of 1.9 is given.

Formula for Debt to Equity ratio is,

= Total Liabilities / Shareholders Equity

Total Assets which is given can be calculated as,

Total Liabilities + Shareholders Equity = Total Assets

Total Liabilities + Shareholders Equity = 2,900,000

Denote Shareholders Equity as s,

Shareholders Equity being denominator means that it goes into Liabilities 1.9 times (Debt to Equity Ratio)

Therefore,

1.9s + s = 2,900,000

2.9s = 2,900,000

s = $1,000,000

Shareholders Equity = $1,000,000

Non-Current Assets

Non - Current Assets = Total Assets - Current Assets

= 2,900,000 - 2,210,000

= $690,000

Long-term Liabilities

Liabilities and Equity fund the company assets.

Total Assets = Shareholders Equity + Current Liabilities + Long-term Liabilities

Long Term Liabilities = Total Assets - Shareholders Equity - Current Liabilities

= 2,900,000 - 1,000,000 - 850,000

= $1,050,000

Long-term Liabilities = $1,050,000

3 0

3 years ago

The following data are for the two products produced by Tadros Company.

irakobra [83]

Answer:

Tadros Company

The gross profit per unit:

Product A Product B

Gross profit per unit $18.74 $118.39

Explanation:

a) Data and Calculations:

Product A Product B

Direct materials per unit $ 20 $ 25

Direct labor hours per unit DLH 0.5 1.5

Machine hours per unit 0.4 1.2

Batches 200 360

Volume (units) 16,000 3,600

Engineering modifications 20 80

Number of customers 800 720

Market price per unit $ 55 $ 220

Direct labor rate = $20 per DLH

Cost Pools Overhead Costs Driver

Indirect manufacturing

Engineering support $ 53,600 Engineering modifications

Electricity 53,600 Machine hours

Setup costs 160,800 Batches

Nonmanufacturing

Customer service 136,800 Number of customers

Overhead rate using ABC:

Cost Pools Overhead Costs Driver Rates

Indirect manufacturing

Engineering support $ 53,600 100 modifications = $536

Electricity 53,600 10,720 Machine hours $5

Setup costs 160,800 560 Batches $287

Customer service 136,800 1,520 customers $90

Cost of production:

Product A Product B

Direct materials per unit $320,000 $90,000

Direct labor hours per unit DLH 160,000 108,000

Overhead costs:

Engineering support 10,720 42,880

Electricity 32,000 21,600

Setup costs 57,400 103,320

Total production costs $580,120 $365,800

Manufacturing cost per unit $36.26 $101.61

Sales Revenue ($55 and $220) 880,000 792,000

Gross profit $299,880 $426,200

Gross profit per unit $18.74 $118.39

3 0

3 years ago