Answer:
As the knock-in was reach, it will receive the original investment plus the coupon yield: 1,060
Explanation:
<u>At maturity</u>
Because the knock-in was achieved, the customer can pick to recieve stock or cash
when the contract was made, the stock price was 50 so 1,000 are equivalent to:
1,000 / 50 = 20 shares
we multiply this by the market price.
20 x 25 = 500
between 500 in stocks and 1,000 in cash it will prefer 1,000
Then, the interest will be:
1,000 x 6% = 60
Answer:
Direct material quantity variance= $600 unfavorable
Explanation:
Giving the following information:
Standard= 12 units of raw materials for $2 per unit.
Actual: 12,300 units of raw materials were used to produce 1,000 units.
T<u>o calculate the direct material quantity variance, we need to use the following formula:</u>
<u></u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Standard quantity= 12*1,000= 12,000
Direct material quantity variance= (12,000 - 12,300)*2
Direct material quantity variance= $600 unfavorable
Answer:
C. $160,500.
Explanation:
Depreciation: The depreciation is an expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement. It is a non-cash item that does not affect the cash balance.
The formula to compute the depreciation expense under the straight-line method is shown below:
= (Original cost - residual value) ÷ useful life
The original cost is the purchase value of the assets
The residual value is the salvage value at the end of its useful life
A very critical last step in the process of establishing an ethics code is enforcing it. If you develop an ethics code but do not enforce, there was no purpose to doing so. Everyone within the organization should be in agreement and following the ethical behaviors expected of them.
Answer:,S25
Explanation:
The sales agreement between Jack is and Farmer was for a consideration of S75, the consideration for the purchase of tomatoes from another farmer is S100, this invariably means Jackie has incurred an additional S25 to purchase the tomatoes than he will normally has paid for it. This sum of S25 his what she will get in a lawsuits.
