A margin account with a short credit balance of $39,000 will receive a call for additional funds if the SMV rises above A) $40,000. B) $10,000. C) $30,000. D) $20,000. Explanation When the price of a stock sold short rises, the account loses money. As a certain point, the margin maintenance level is reached. Once the stock rises above that point, a maintenance call will be issued demanding more money. With the maintenance call, the investor has to return the account to the margin maintenance requirement (30% of CMV here). Dividing the credit balance by 1.30 will give the call level: $39,000 divided by 1.30 equals $30,000.

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.