Answer:
$850,000
Explanation:
The computation of Amount of income should Torrey realize from the lease transaction is shown below:-
Amount of income should Torrey realize from the lease transaction = Sale price - Cost
= $3,850,000 - $3,000,000
= $850,000
Therefore for computing the amount of income should Torrey realize from the lease transaction we simply deduct the cost from sales price.
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
where,
Total current assets = $4,315 million
And, the total current liabilities is $2,453 million
So, the current ratio is
= $4,315 million ÷ $2,453 million
= 1.76 times
Since the current ratio is greater than the 1.76 times that reflects that company have a liquidity position and it is able to pay its short term obligations
Answer:
The correct answer is: The firm would present the order to the Options Clearing Corporation.
Explanation:
The Options Clearing Corporation or OCC works under the Securities and Exchange Commission (<em>SEC</em>) and acts as a guarantor and the issuer of options and futures contracts. The OCC is also in charge of clearing transactions for stock indexes, interest rate composites, and foreign currencies.
Answer:
D, should be investigated because an assignable cause of variation might be present.
Explanation:
An R-chart is a control chart that is used to observe the variability of a process when measuring or analyzing a small subgroup of the process. The R-chart has a control limit and the position of a process variability has its own effect on the process.
In a R-chart, the center line of each subgroup analyzed is usually the expected value of the range of the process.
When the process variability is below the center line, the process should be investigated as there might be a cause of variation being below the center line.
Cheers.
