When resources are low, businesses know that they can increase their prices because people need them desperately.
Answer:
$50,400
Explanation:
Cash Balance as per bank statement $62,900
[$69700+$25300-$20400+$87600-$99300]
Less: Outstanding checks at April 30, 2020 <u>$12,500</u>
Adjusted Cash balance per bank <u>$50,400</u>
So, the cash balance per books at April 30, 2020 is $50,400
Answer: The focus of management accounting is on "C) internal reporting.".
Explanation: It could be understood as the concept of management accounting as that economic information destined to the internal users of the company and which is mainly responsible for the analysis of the costs of the company, helping to make management decisions and business control.
Answer:
The correct answer is letter "B": Enterprise planning and monitoring.
Explanation:
Information Systems impact the Supply Chain at planning and monitoring stages. Information Systems allow managers to analyze information about the flow of the supply chain and allows them to spot where improvement is necessary. Besides, it allows tracking production to maximize it. Decisions can be made upon the feed Information Systems provide.
Answer:
A. $2,500
B. $60
Explanation:
A. Calculation to determine How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position
Initial Margin = 100*$50*50%
Initial Margin = $2,500
Therefore The amount of securities that you must put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position is $2,500
b. Calculation to determine How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position
First step is to calculate the Maintenance Margin per share
Maintenance Margin per share = $50*30%
Maintenance Margin per share =$15
Second step is to calculate the Rise in price required
Rise in price required = $50*50% - $15
Rise in price required= $10
Now let calculate How high can the price of the stock go
Price of stock=$50+$10
Price of stock= $60
Therefore How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position is $60