Federal reserve board regulation t (reg. t)1 allows an initial margin on stock purchases of 50% regardless of the volatility of the stock (i. e. 2: 1 leverage). the margin of retail accounts is typically governed by reg. t. by contrast, the margin of professional trading accounts is generally governed by something like span. you have been asked by a hedge fund for your advice on which type of account they should open:

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

Need true or false 1 2 3 4 5 6 7 8

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622