Answer:
A. True
Explanation:
Gold is a valuable commodity acquired for various reasons. In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.
If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.
Answer:
the investor must file a 13D report with the SEC.
Explanation:
Any investor that holds more than 5% of the outstanding stocks of a publicly traded corporation must file a 13D report. The investor is classified as a beneficial owner by the Securities and Exchange Commission (SEC) since their influence and voting power in the corporation are very large. It must be filed within 10 days of the transaction that resulted in more than 5% in the corporation.
Answer:
Direct Materials = 49,000 units
Conversion Costs = 45,280 units
Explanation:
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Equivalent units are physical units of outputs expressed as percentage in terms of work done on them.
Equivalent units calculation :
Direct Materials = 42,800 x 100 + 6,200 x 100 % = 49,000 units
Conversion Costs = 42,800 x 100 + 6,200 x 40 % = 45,280 units
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