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Degger [83]
3 years ago
14

A shareholder invested in a mutual fund and has signed a letter of intent to invest $25,000. Her original investment was $13,000

, and her current account value is $17,000. For her to complete the letter, she must deposit A) $27,000. B) $8,000. C) $13,000. D) $12,000.
Business
1 answer:
Delvig [45]3 years ago
5 0

Based on the information given for her to complete her letter, she must deposit D) $12,000.

<h3>Deposit:</h3>

Using this formula

Deposited amount=Amount invested-Original investment

Where:

Amount invested=$25,000

Original investment=$13,000

Let plug in the formula

Deposited amount=$25,000-$13,000

Deposited amount=$12,000

Inconclusion for her to complete her letter, she must deposit D) $12,000.

Learn more deposit here:brainly.com/question/1752098

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Colicchio Corporation acquired two inventory items at a lump-sum cost of $60,000. The acquisition included 3,000 units of knife
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Answer:

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3 years ago
Mike is a sole proprietor who buys, sells and repairs kilns and other equipment used in pottery making. He has an arrangement wi
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Answer:

c) Broker Factor.

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3 years ago
At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos
mash [69]

Answer:

$36

Explanation:

The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price.

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Contribution margin per unit?

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=$24

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=$36

6 0
3 years ago
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