After Monday's close the balance on your margin account will be ________.
On Monday morning you sell one June T-bond futures contract at 97:27, that is, for $97,843.75. The contract's face value is $100,000. The initial margin requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer the following questions.
A. $2,700
B. $2,000
C. $3,137.50
D. $2,262.50
C. $3,137.50
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Which element of the marketing mix is demonstrated when Mars, Inc. has a sale on M&MS brand candies?
A. promotion B. price C. production D. product E. place
A beachhead is
a. a venture’s long-term new product strategy. b. where a venture gets started penetrating the market. c. product architecture. d. where the team goes offsite to plan its future products and services
Mismanaging diversity is likely to result in all of the following EXCEPT
A. reduced innovation. B. reduced motivation. C. increased absenteeism. D. costly lawsuits. E. reduced turnover.
In the current year, Borden Corporation had sales of $2,120,000 and cost of goods sold of $1,260,000. Borden expects returns in the following year to equal 5% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $18,000, and the unadjusted balance in Sales Refund Payable is a credit of $22,000. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales returns and allowances | 84,000? | |
| Sales | 84,000? | |
| Cost of Goods Sold | 45,000? | |
| Inventory Returns Estimated | 45,000? |
B.
| Sales Refund Payable | 84,000? | |
| Accounts receivable | 84,000? |
C.
| Accounts Receivable | 2,120,000? | |
| Sales | 2,120,000? |
D.
| Sales Returns and Allowances | 84,000? | |
| Sales Refund Payable | 84,000? | |
| Inventory Returns Estimated | 45,000? | |
| Cost of goods sold | 45,000? |
E.
| Sales | 2,120,000? | |
| Sales Refund Payable | 106,000? | |
| Accounts receivable | 2,014,000? |