Answer:
Assets = Liabilities + Owner’s Equity (Capital – Drawing + Revenues – Expenses) = $17,017
Explanation:
Note: See the attached xlsx file for the effect of each transaction on the individual accounts of the expanded accounting equation and the report of the total of each element.
In the attached xlsx file, transaction (c) is treated in such a way that the insurance for the month of October 20—is accounted for under the following:
Prepaid Insurance = One-year insurance premium - (One-year insurance premium / Number of months in a year) = $1,000 - ($1,000 / 12) = $1,000 - $83 = $917
Expenses = One-year insurance premium / Number of months in a year = $1,000 / 12 = $83
Answer:
=2983.25
Explanation:
In calculating the inventory on raw materials you will have to Add together the original value of raw materials, the works in progress if any and finished goods to get starting total inventory.
The solution to the question can be calculated like this:
EOQ=
EOQ=268.328
EOQ+SAFETY STOCK=268.328+30
=298.325
VALUE=298.325*10
=2983.25
I believe the missing word is actual.
Answer:
![Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}](https://tex.z-dn.net/?f=Px%20%3D%20%5Cfrac%7B%5B%28N%2AP%29%20%2B%28N%2AP%2AM1%5D%2FN%7D%7B1%2B%20M2%7D)
And if we replace we have this:

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.
See explanation below.
Explanation:
For this case we define the following notation:
N= 500 represent the number of stocks for JAsper
P = 41 represent the stock price
M1 = 60% = 0.6 represent the initial margin
Px represent the highest stock price the variable of interest for this case
M2= 40% or 0.4 represent the mainteneance margin
We can find the value of Px with the following formula on this case:
![Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}](https://tex.z-dn.net/?f=Px%20%3D%20%5Cfrac%7B%5B%28N%2AP%29%20%2B%28N%2AP%2AM1%5D%2FN%7D%7B1%2B%20M2%7D)
And if we replace we have this:

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.