Answer:
$3.68 per share
Explanation:
Lisa Lasher purchases 400 shares of stock on margin at the price of $21 per share
The margin requirement is 50%
= 50/100
= 0.5
The first step is to calculate the amount of money invested
= $21×400×0.5
= $4,200
The amount in which the stock must rise to inorder for Lisa to realize a 35% return on invested funds can be calculated as follows
= 35/100×4,200
= 0.35×4,200
= $1,470
$1470/400 shares
= $3.68 per share
Hence the stock must rise to $3.68 per share for Lisa to realize a 35% return on her invested funds
It should be noted that the cash that's used to make purchases as illustrated is the transactionary motive of holding money.
A financial transaction simply means an agreement that takes place between the buyer and the seller. It is the exchange of goods or services.
The transactionary motive of holding money simply means holding money in order to meet daily financial needs such as buying goods.
Read more about cash on:
brainly.com/question/25772299
Answer:
E. was due to factors within or outside the firm's control.
Explanation:
The purpose of variance analysis is to address the differences between the budgeted and actual performance of the company.
Variance analysis aids in understanding the reasons fluctuations happen with the aim of reducing or avoiding adverse variances, which eventually leads to improved budgeting.
The reason an organisation would want to know if variances were due to factors within or outside the organisation is because they need to address all such variances that are under management control by looking at what could have been differently.
How do global factors influence the economy in America in the country, In the US the global economy it has mainly to impacted our manufacturing.
