1. Return on Non-Margin Purchase ≈ 17.01%
2. Return on Margin Purchase ≈ -58.44%
To calculate the return on your investment when selling the stock at a price of $62, we need to consider the profit or loss from the margin purchase and compare it to the return from a non-margin purchase.
Margin Purchase:
Purchase Price = $53 per share
Sell Price = $62 per share
Number of Shares = 275
Profit/Loss from Margin Purchase = (Sell Price - Purchase Price) * Number of Shares - Margin Deposit
Profit/Loss = ($62 - $53) * 275 - $8,000
Profit/Loss = $2,475
Return on Margin Purchase = (Profit/Loss / Margin Deposit) * 100
Return on Margin Purchase = ($2,475 / $8,000) * 100
Return on Margin Purchase ≈ 30.94%
Non-Margin Purchase:
Purchase Price = $53 per share
Sell Price = $62 per share
Number of Shares = 275
Profit/Loss from Non-Margin Purchase = (Sell Price - Purchase Price) * Number of Shares
Profit/Loss = ($62 - $53) * 275
Profit/Loss = $2,475
Return on Non-Margin Purchase = (Profit/Loss / Total Investment) * 100
Total Investment = Purchase Price * Number of Shares
Total Investment = $53 * 275
Total Investment = $14,575
Return on Non-Margin Purchase = ($2,475 / $14,575) * 100
Return on Non-Margin Purchase ≈ 17.01%
2. If the stock price is $46 when you sell the stock, we can calculate the return on the investment as follows:
Margin Purchase:
Purchase Price = $53 per share
Sell Price = $46 per share
Number of Shares = 275
Profit/Loss from Margin Purchase = (Sell Price - Purchase Price) * Number of Shares - Margin Deposit
Profit/Loss = ($46 - $53) * 275 - $8,000
Profit/Loss = -$4,675
Return on Margin Purchase = (Profit/Loss / Margin Deposit) * 100
Return on Margin Purchase = (-$4,675 / $8,000) * 100
Return on Margin Purchase ≈ -58.44%
Therefore, if the stock price is $46 when you sell the stock, the return on your margin purchase would be approximately -58.44%.
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Explain the importance of leisure activities.
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?
write a story that ends with and it was all a dream
Answer:
The wound in my side hurt so much. I held my hand to my side, trying to apply enough pressure to help slow the bleeding. It wasn't enough though. The wound was too deep. Blood had already soaked through my shirt and begun seeping through the gaps between my fingers.
I gritted my teeth in pain, trying to stay as quiet as possible. I couldn't get caught at all costs. I would have to start running again soon. I couldn't hide behind this tree forever. They would surely find me if I did.
Using the tree for support, I stood up. As soon as I righted myself, the pain in my side worsened and I couldn't stifle the pained whimper I released. MY head started to feel fuzzy and my vision started to blur. I was about to take a step away from the tree when everything started spinning. Suddenly I was falling and then everything faded to black.
I don't know what happened next, but I do know that I woke up, tangled in the sheets on my bed. It was all a dream.
what two documents must be completed by your employer when you are newly hired, and what is the purpose of each?
The two documents must be completed by your employer when you are newly hired are:
(i) The W-4 form enables your employer to deduct the appropriate amount of income tax from your compensation.
(ii) I-9 - Employment eligibility verification.
What is employment?⇒ Employment is a partnership between two people that governs the delivery of compensated labor services. One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them. Employees perform work in exchange for pay, which may be made in the form of an hourly wage, piecework compensation, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties. In some industries, employees could get stock options, bonuses, or gratuities. Employees may also receive benefits in some jobs in addition to compensation.
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True or False: The three stages of workplace socialization are the anticipatory stage, the performance stage, and the exit stage.
Answer:
F
Explanation:
The three stages of workplace socialization are the anticipatory stage, the performance stage, and the exit stage is a false statement.
What is workplace socialization?Employee motivation rises as a result of socialization. Employee socialization often gives them the opportunity to mold their perspectives on work habits, cooperation, and knowledge exchange important elements of a developing company.
This schooling process is frequently viewed as a kind of anticipatory schooling, or for an activity that prepares people for real employment by introducing them to certain companies and careers.
The integration process comprises three stages: organizational interaction, anticipatory socializing, and metamorphosis. These are the three fundamental stages of organizational learning. The time leading up to a person joining an institution is known as anticipatory socialization.
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TRUE/FALSE. Molly is a senior manager at an IT firm and mentors many junior level employees who have started working with the company in the past year. She wants them to reach their full potential and engages with them during weekly lunch meetings to listen and get feedback on how they are fitting in and understanding their individual roles. This is an example of servant-leadership.
True Senior managers plan and oversee a group of people within an organization or department. This is an example of a servant leader.
What distinguishes a senior management from a manager?While managers are primarily in charge of monitoring employee performance, senior managers strive to increase the team's effectiveness, productivity, and performance.
How can someone become a senior manager?A bachelor's degree in your chosen subject of study is a necessity for senior management. Senior managers can work in a variety of industries, therefore you need to have a degree in a related field, like business, communications, accounting, or finance, for instance.
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suppose that the value of the euro fell from $1.47 on january 1, 2009 to $1.40 on january 12, 2009. this implies that:
The statement, "suppose that the value of the euro fell from $1.47 on January 1, 2009, to $1.40 on January 12, 2009. this implies that" can be completed as the euro decreased in value against the dollar.
It is because a drop in the value of the currency means it can purchase fewer amounts of another currency per unit. The currency exchange rate represents the value of one currency in terms of another currency. A currency can appreciate or depreciate based on supply and demand factor . Suppose that the value of the euro fell from $1.47 on January 1, 2009, to $1.40 on January 12, 2009. This implies that the euro decreased in value against the dollar.
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PROFIT/LOSS = TOTAL REVENUE - TOTAL COSTS
lan set up a taxi firm one month ago. He has calculated that his total monthly revenue was £2400.
He has added his costs together for the first month and they came to £2800. However, he spent
£1000 on a car for the business that he will not need to spend again.
1) What was his profit/loss for the month?
For the month it was €
1
2) Next month, what will his profit/loss be?
3) List 2 things that could happen that would increase his costs?
Answer:
What's the question? :) I'm an econ major btw.
Explanation:
If someone gets their health insurance through Medicaid, that means what
Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
hope this helps!
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a) The solar installation generates electric power from sunlight and incurs operating costs for cleaning
the solar modules (sometimes called solar panels) and replacing solar modules that have failed. The
annual revenue from the electric power is variable due to variable cloudiness and solar module failure
and has a mean of $2.78m and a standard deviation of $0.32m. The annual operating costs have a mean
of $0.51 and a standard deviation of $0.12m.
calculate the mean and standard deviation of the annual profit
Answer:
The mean of the annual profit is $2.27 m.
The standard deviation of the annual profit is $0.3418 m.
Explanation:
Let X represent the annual operating costs for cleaning the solar modules and replacing solar modules that have failed.
And let Y represent the annual revenue from the electric power.
It is provided that:
\(E(X)=\$0.51\ m\\E(Y)=\$2.78\ m\\SD(X)=\$0.12\ m\\SD(Y)=\$0.32\ m\)
It is known that:
Annual Profit (Z) = Annual Revenue (Y) - Annual Operating Costs (X)
Compute the mean of the annual profit as follows:
\(E(Z)=E(Y-X)\)
\(=E(Y)-E(X)\\=2.78-0.51\\=2.27\)
The mean of the annual profit is $2.27 m.
Compute the standard deviation of the annual profit as follows:
\(SD(Z)=\sqrt{V(Y-X)}\)
\(=\sqrt{V(Y)+V(X)-2Cov(X,Y)}\\=\sqrt{V(Y)+V(X)}\\=\sqrt{(0.32)^{2}+(0.12)^{2}}\\=0.3418\)
The standard deviation of the annual profit is $0.3418 m.
Blaine Philips files as married filing jointly on his tax return and earned weekly gross pay of $385. He does not make any retirement plan contributions. Blaine checked box 2c on Form W-4 and did not enter any information in steps 3-4 of the form.
Blaine Philips' federal income tax withholding would be $14.40 based on the provided information. Please note that this calculation is an estimate, and other factors such as state taxes and additional deductions could affect the final withholding amount.
Based on the information provided, we can determine Blaine Philips' federal income tax withholding using the 2021 tax brackets and rates. Please note that tax laws may change, so it's always recommended to refer to the latest IRS guidelines or consult a tax professional for accurate and up-to-date information.
For a married filing jointly status and no additional information entered on Form W-4, we can assume that Blaine Philips will use the standard deduction and claim two allowances.
Step 1: Calculate Adjusted Gross Income (AGI)
Blaine's weekly gross pay is $385, so we multiply it by the number of weeks in a year to get the annual gross income:
$385/week * 52 weeks = $20,020
Step 2: Calculate Taxable Income
Since we don't have any other deductions or credits mentioned, we can assume the taxable income is the same as the AGI.
Taxable Income = AGI = $20,020
Step 3: Determine the Tax Bracket
Based on the 2021 tax brackets for married filing jointly, the tax rates are as follows:
10% on income up to $19,900
12% on income between $19,901 and $81,050
Blaine's taxable income of $20,020 falls within the 12% tax bracket.
Step 4: Calculate Tax Liability
To calculate the tax liability, we apply the appropriate tax rate to the taxable income within the bracket.
Tax Liability = ($20,020 - $19,900) * 0.12 = $14.40
Therefore, Blaine Philips' federal income tax withholding would be $14.40 based on the provided information. Please note that this calculation is an estimate, and other factors such as state taxes and additional deductions could affect the final withholding amount.
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Periodically, merrill lynch customers are asked to evaluate merrill lynch financial consultants and services. Higher ratings on the client satisfaction survey indicate better service with the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant a has years of experience, whereas consultant b has year of experience. Use and test to see whether the consultant with more experience has the higher population mean service rating. Round degrees of freedom to previous whole number.
a) Null hypothesis (\(\mu _{a} \leq \mu _{b}\)) for merrill lynch customers are given as
Alternative hypothesis:\(\mu _{a} > \mu _{b}\)
\(t =\frac{6.82-6.25}{\sqrt{\frac{0.64^{2}}{16}} + \sqrt{\frac{0.75^{2}}{10}} }\)
t = 1.992
What is null hypothesis?Conjectures used in statistical tests, which are formal techniques for drawing conclusions or making judgments based on data, include the null hypothesis and the alternative hypothesis.The hypotheses, which are based on a sample of the population, are suppositions regarding a statistical model of the population. The tests are essential components of statistical inference and are frequently used to distinguish between statistical noise and scientific claims when interpreting experimental data in science.The null hypothesis, which is the statement being tested in a test of statistical significance, is typically a declaration of "no effect" or "no difference," and the test of significance is intended to evaluate the strength of the evidence against itKnow more about Null hypothesis
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Refer to Figure 5-2. If the price decreased from $18 to $6,Revenue at $18 = 18*100=$1800$6=6*500=$3000Revenue increased by $1200 and demand is considered elastic from pt A to B
Answer:
No figure is available to answer the question.
Please attach the required figure which you mentioned in the question.
Some businesses avoid risks by doing which of the following
Only doing business online
Purchasing multiple insurance policies
Keeping records of all transactions and customers
Considering market research
Answer:
Considering market research
Explanation:
To a business, risk is the possibility of incurring substantial financial losses. A business is established to make profits. However, if things don't go as forecast, the possibility of making losses is high. Risk is the chance that the outcome of an investment is not as profitable as
expected.
Identifying, evaluating, and controlling threats to a company's capital and profits is how businesses manage risk. By conducting market research, a company gathers sufficient information to assist in the process of managing risk.
What type of pricing is it called when a company charges as much as possible for a product.
-Skim
- Penetration
-Competitive
The type of pricing called when a company charges as much as possible for a product is Skim pricing.
Skim pricing is a method of pricing where a high price is set for a new or innovative product. This pricing strategy is used by businesses to recoup development and marketing expenses. However, as competitors introduce similar products, the company can gradually reduce the price.
Skim pricing can be an effective pricing strategy because early adopters are willing to pay a higher price for the product, which helps to recoup development costs.
In contrast, penetration pricing is a pricing strategy in which the company sets a low price for a new product to gain a larger market share. It is used to attract buyers away from other companies that offer similar products.
Competitive pricing is a strategy where prices are set based on the prices of competitors. The company tries to maintain a price that is similar to other companies in the same industry. This pricing strategy can lead to a price war if competitors keep lowering their prices to gain a larger market share.
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theoretical framework about impact women empowerment toward economic growth
The theoretical framework that examines the impact of women's empowerment on economic growth is often grounded in feminist economics and development theories. Several key theories and frameworks contribute to understanding this relationship:
1. Human Capital Theory: This theory suggests that investing in women's education, skills development, and health leads to greater human capital accumulation. Empowered women are more likely to participate in the labor force, acquire higher-paying jobs, and contribute to economic growth.
2. Gender Inequality and Growth Theory: This theory argues that gender inequality hampers economic growth by limiting women's access to resources, opportunities, and decision-making power. Reducing gender disparities and promoting women's empowerment can unleash their economic potential and boost overall economic performance.
3. Women's Economic Empowerment Framework: This framework emphasizes the importance of addressing structural barriers and promoting equal access to resources, markets, and finance for women. It recognizes that empowering women economically can lead to poverty reduction, job creation, and inclusive growth.
4. Gender Mainstreaming: Gender mainstreaming is an approach that integrates gender perspectives into all policies, programs, and institutions. It recognizes the need to challenge gender norms, eliminate discriminatory practices, and promote gender equality as a means to foster sustainable economic development.
5. Social Norms Theory: This theory explores the influence of cultural and social norms on women's empowerment and economic outcomes. It recognizes that changing discriminatory norms and promoting gender equality are essential for achieving sustainable development.
These theoretical perspectives highlight the importance of addressing gender inequalities, promoting women's empowerment, and creating an enabling environment for their full economic participation. By recognizing women's rights, enhancing their capabilities, and removing barriers to their economic engagement, societies can harness the potential of women and drive inclusive and sustainable economic growth.
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Measuring conversions is a good way to calculate your ROI. Which of the following is a commonly calculated conversion? a shares, b sediment, c downloads, d likes
A commonly calculated conversion from the list is shares. The answer to this question is option a.
What are shares?Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.
Shares can be converted to be money. Therefore it is the best answer to this question.
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Use the market's HHI and the FTC's historical guidelines for mergers to answer the following question:
Suppose the top five firms in a market have market shares of 20%,15%,15%, 5% and 5% respectively. The remaining 40firms in the market each have a market share of 1%.
Would the FTC be likely to approve a merger between the top two firms in this market?
Select the correct answer below:
1. Yes, the FTC would ignore the merger and allow it to go through.
2. Maybe. The FTC would scrutinize the merger and make a case-by-case decision.
3. No, the FTC would probably challenge the merger.
The FTC be likely to approve a merger between the top two firms in this market. As FTC would scrutinize the merger and make a case-by-case decision. The correct option is 2.
Market concentration is an essential element in assessing merger transactions. It describes the percentage of market share that the top companies control and determines whether a merger would be able to pass antitrust laws and guidelines.
The market's HHI and the FTC's historical guidelines for mergers can be used to address the given problem. HHI stands for Herfindahl-Hirschman Index, which is used to quantify market concentration. The FTC is the Federal Trade Commission, which regulates antitrust regulations and monitors mergers.
The HHI is calculated by squaring the market share of each company in the market and adding them together. In this case, the HHI is as follows: 20^2 + 15^2 + 15^2 + 5^2 + 5^2 + (40*1^2) = 1025. The market is fragmented, with an HHI of less than 1000 points. The merging companies' HHI increase is calculated using the formula below: (20 + 15)^2 + 15^2 + 5^2 + 5^2 + (40*1^2) = 1225.
The increase in HHI, or Delta HHI, is the difference between the merged and unmerged HHI levels: 1225 – 1025 = 200. The Delta HHI is used by the FTC to assess the impact of a merger on the market. The FTC defines mergers as "unconcentrated" if the Delta HHI is less than 100 points, "moderately concentrated" if the Delta HHI is between 100 and 200 points, and "highly concentrated" if the Delta HHI is greater than 200 points.
In this case, the merging firms have a Delta HHI of 200 points, which indicates that the merger is considered "moderately concentrated." As a result, the FTC would scrutinize the merger and make a case-by-case decision.
The FTC will analyze the market characteristics, including the number of remaining competitors, their size and market share, potential entry barriers, and the likelihood of competitors expanding into the market. If the FTC determines that the merger would significantly reduce competition, it would most likely challenge it.
As a result, the correct answer is option 2, "Maybe. The FTC would scrutinize the merger and make a case-by-case decision."
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based on rebecca’s description of chris as allowing employees to bring their own passion and investment and considering them as more than employees, and chris’s description of himself as being open and honest, which hr responsibility is chris taking on?
Chris is taking on the HR responsibility of Employee Advocacy.
What HR responsibility is Chris taking on by allowing employees?By allowing employees to bring their own passion and investment and considering them as more than employees, Chris is demonstrating a strong commitment to employee advocacy.
Employee advocacy involves actively promoting and supporting the interests, well-being, and development of employees within the organization. Chris's approach of valuing employees as more than just workers and creating an environment where they can contribute their passions and investments aligns with the principles of employee advocacy.
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In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
The line on a supply curve moves in which direction?
Responses
upward and to the left
downward and to the center
upward and to the right
downward and to the left
Explanation:
The supply curve will move upward from left to right, which expresses the law of supply: As the price of a given commodity increases, the quantity supplied increases (all else being equal).
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Sebastian buys his coffee every month for $25 at a local coffee shop. At a local warehouse store with a $60 annual fee, he can purchase the same coffee for $15. What is the BEST financial advice for Sebastian when it comes to purchasing his coffee?
A. He should buy coffee at the warehouse store because at the end of the year he will have saved money.
B. He should buy coffee at the coffee shop because at the end of the year he will have saved money.
C. It doesn’t matter where he buys the coffee; the price is exactly the same after 12 months.
D. If he buys coffee for only five months, he should just buy it at the coffee shop because it will be cheaper.
Answer:
A. He should buy coffee at the warehouse store because at the end of the year he will have saved money.
Explanation:
if he continues to buy his coffee at the local shop it will cost $300 at the end of the year. If he buys from the warehouse it will cost $240 at the end of the year.
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
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(Scenario: The Market for Travel Mugs) Use Scenario: The Market for Travel Mugs. If a $1 per unit tax is imposed, the deadweight loss associated with the tax will be equal: Scenario: The Market for Travel Mugs The market for travel mugs is given by the following demand and supply equations: Demand: P = 50 – 0.5Q Supply: P=0.33Q where P is the price per mug, and Q is the quantity of mugs. The government is considering imposing a $1 per unit tax on the purchase of travel mugs.
$0.60. $1.00. $0.50. $0.40.
The new equilibrium price, and the quantity demanded at the new equilibrium price: $0.60
To calculate the deadweight loss associated with the tax, we first need to find the equilibrium price and quantity without the tax. To do this, we set the demand equal to the supply and solve for Q:
50 – 0.5Q = 0.33Q
0.83Q = 50
Q = 60.24
Plugging Q back into either the demand or supply equation gives us the equilibrium price:
P = 50 – 0.5(60.24) = 19.88
Now, with the $1 per unit tax, the new supply curve will be:
P = 0.33Q + 1
We can again find the equilibrium price and quantity by setting the new supply equal to the demand:
50 – 0.5Q = 0.33Q + 1
0.83Q = 49
Q = 59.04
Plugging Q back into either the demand or new supply equation gives us the new equilibrium price:
P = 50 – 0.5(59.04) = 19.48
The difference between the original equilibrium price and the new equilibrium price is the amount of the tax:
$1 = 19.88 - 19.48
To find the deadweight loss, we need to calculate the change in consumer and producer surplus due to the tax. The change in consumer surplus is equal to the area of the triangle formed by the original equilibrium price, the new equilibrium price, and the quantity demanded at the new equilibrium price:
(1/2)(19.88 - 19.48)(60.24 - 59.04) = $0.60
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15 Question (2 points) See page 66 Visit museums or art galleries and you may live longer by Katie Hunt Visit museums or art galleries and you may live longer, new research suggests A trip to the theater, museum or art gallery could help you live longer. And the more often you get that culture fix the better, a new study suggests. Researchers from University College London (UCI) found that people who engaged in the arts more frequently -- every few months or more - had a 31% lower risk of dying early when compared to those who didn't. Even going to the theater or museum once or twice a year was linked with a 14% lower risk. They looked at data given by more than 6,000 adults in England age 50 years and older, who were taking part in a wider study on aging. "While other health behaviors like smoking, alcohol and exercise are undoubtedly bigger predictors of mortality, these leisure and pleasure activities that people don't think as a health related activity do support good health and longevity, said Daisy Fancourt, an associate professor at UCL's Research Department of Behavioural Science and Health, and an author of the study, published Wednesday in the BMI journal. How often an individual engaged in art activities, which also included exhibitions, concerts and opera but not cinema, was measured at the start of the study in 2004 to 2005. Participants were then followed up for an average of 12 years, during which time deaths were recorded using data from the UK's National Health Service (NHS) Based on the article, it can be determined that attendance and health. is a factor that explains part of the association between museum Part 2 (1 point) As it relates to frequency of engagement in art activities and longevity, the research highlighted in the article notes that the relationship is what? Choose one: O A. positive and causal O B. positive but not necessarily causal O C. negative and causal O D. negative but not necessarily causal
B. positive but not necessarily causal
The term "positive but not necessarily causal" is often used in statistics and research to describe a correlation between two variables, where an increase or decrease in one variable is associated with a corresponding increase or decrease in the other variable.
For example, let's say that a study found a positive correlation between the amount of exercise a person gets and their level of happiness. This means that as the amount of exercise a person gets increases, their level of happiness also tends to increase.
However, this does not necessarily mean that exercise directly causes happiness. It is possible that there are other factors at play, such as the social benefits of exercising with others or the self-discipline required to exercise regularly, that also contribute to the increase in happiness.
In general, a positive correlation suggests that there is some relationship between two variables, but it does not necessarily mean that one variable directly causes the other. Additional research, such as randomized controlled trials, may be needed to establish a causal relationship between the variables.
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A sale of merchandise on account for $36,000 is subject to an 8% sales tax. a. Should the sales tax be recorded at the time of sale or when payment is received? b. What is the amount credited to sales? c. What is the amount debited to Accounts Receivable? d. Which is the account to which the $2,880=($36,000×8%) is credited?
The account to which the 2,880 is credited is Sales Tax Payable. Sales Tax Payable is a liability account that is used to record the sales tax owed to the government. When the sales tax is collected from the customer, it is credited to this account.
a. The sales tax should be recorded at the time of sale. b. The amount credited to sales is 36,000. c. The amount debited to Accounts Receivable is 36,000 +2,880 = 38,880.d. The account to which the 2,880 is credited is Sales Tax Payable. :
Sales tax is a form of tax levied on the sale of goods and services by a government. The tax is imposed by the government at the time of the transaction, and it is generally calculated as a percentage of the total transaction amount. Sales taxes are commonly used by governments to raise revenue to fund public services.
A sale of merchandise on account for 36,000 is subject to an 8% sales tax. a. Should the sales tax be recorded at the time of sale or when payment is received? The sales tax should be recorded at the time of sale. The sales tax is due to the government at the time of the transaction, regardless of when payment is received.
Therefore, the sales tax should be recorded as a liability at the time of the sale. b. What is the amount credited to sales? The amount credited to sales is 36,000. This is the amount of revenue that is earned from the sale of merchandise. The sales tax is not part of the revenue earned from the sale, and it should be recorded separately.
c. What is the amount debited to Accounts Receivable? The amount debited to Accounts Receivable is 36,000 + 2,880 = 38,880. The Accounts Receivable account is debited for the full amount of the sale, including the sales tax. This is because the sale is on account, and the customer will pay for the merchandise and the sales tax at a later date.
d. Which is the account to which the 2,880=(36,000×8%) is credited? The account to which the 2,880 is credited is Sales Tax Payable. Sales Tax Payable is a liability account that is used to record the sales tax owed to the government. When the sales tax is collected from the customer, it is credited to this account.
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a buyer is assuming the seller's existing mortgage. which agreement relieves the seller of liability for the assumed mortgage?
The agreement that relieves the seller of liability for the assumed mortgage is called an "assumption agreement."
An assumption agreement is a legal document that outlines the terms and conditions of the transfer of an existing mortgage from the original borrower (the seller) to a new borrower (the buyer). The new borrower assumes responsibility for the mortgage payments and all other obligations associated with the loan.
In order for the seller to be released from liability for the assumed mortgage, the assumption agreement must be approved by the lender who holds the mortgage. Once the lender approves the assumption agreement, the new borrower (the buyer) becomes responsible for the mortgage payments, and the seller is released from any further obligation.
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In the first quarter of 2019, the output gap in the united states was 0. 8%. a. make a prediction about what you think the output gap will be in the second quarter of 2019. explain your reasoning. predicted output gap: % b. the output gap in one time period is typically the output gap in the next time period. changes in the output gap over time are usually
The output gap in the second quarter will be 0.8%
What is the output gap?The output gap, which is the difference between the production that is actually produced and the output that could be produced, is a sign that the economy is out of equilibrium. If temporary supply parameters are held constant, increased demand results in an increase in price level when actual output exceeds prospective output, or when the output gap turns positive. Such occurrences are viewed as a source of inflationary pressures and as a sign for the central bank to tighten monetary policy. In the event of a negative output gap, inflation usually decreases. To fully understand the processes of inflation in the economy, the concept of potential production is also crucial. However, potential production must be calculated because it cannot be directly observed.
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USA TEST PREP HELP ILL GIVE BRAINLIEST. If both monetary policy and fiscal policy were used at the same time to contract the economy, which set correctly describes the likely result of these actions?
A) A
B)B
C)C
D)D
Answer:
I am unsure of the answer but it can be narrowed down to B D or E because the GDP would decrease.
crimes occurring in a business context are popularly referred to as white-collar crime
T/F
True. Crimes occurring in a business context that typically involve non-violent offenses committed by individuals or organizations of high social status are commonly referred to as white-collar crimes.
These crimes are often financially motivated and involve deceit, fraud, or violation of trust. Examples of white-collar crimes include embezzlement, insider trading, money laundering, tax evasion, and corporate fraud. The term "white-collar crime" originated from the notion that individuals involved in such offenses typically wear white-collar shirts, symbolizing professional or corporate positions. This distinguishes white-collar crimes from traditional "blue-collar crimes" that are typically associated with more physically oriented offenses, such as theft, robbery, or assault.
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a registered representative persuades a customer to purchase a security by assuring her that, should it fall in value, the representative will make up the difference in the account. this practice is: qid: 3569558 mark for review a permitted if the arrangement is in writing and preapproved by the firm b permitted if the customer maintains an outside business relationship with the representative c permitted if the customer is an immediate family member d not permitted
B) Allowed on the off chance that the client keeps an external business relationship with the delegate
When is it necessary for a broker-dealer to ensure that a customer is suitable for a recommended security?Reasonable-basis suitability consists primarily of two elements: A broker must do two things: (1) do reasonable diligence to learn about the potential benefits and drawbacks of a suggested security or strategy, and (2) use that knowledge to determine whether the recommendation is suitable for at least some investors.
What is the role of the registered representative?An employee who is engaged in the solicitation or handling of accounts, orders for the purchase or sale of securities, or other similar instruments for the accounts of customers of his employer, or in the solicitation or handling of business in connection with investment advisory services is referred to as a "registered representative."
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