If the customer sells the pdq position, how much cash can be withdrawn from the sale proceeds?
a. $1,500
b. $3,000
c. $4,500
d. $6,000

Answers

Answer 1

The correct option is (B) $3000

$3000 cash can be withdrawn from the sale proceeds.

What is a PDQ in business?

Any business that wants to accept payments from customers using debit or credit cards must pay close attention to the initials PDQ, which stands for Process Data Quickly. That's because "machine" is typically used after "PDQ," therefore a PDQ machine is another name for a Chip and PIN machine.

What do PDQ sales stand for?

Production data acquisition (PDA), also known as BDE or PDC, is the process of gathering data about a business's operations. In order to be useful and pertinent in achieving an organization's overall macro production or productivity goals, production or operating data must be consciously monitored, tracked, and collected.

This account is restricted because it is below a 50% margin. 50% of any sale proceeds in a restricted margin account must be kept in the account (the retention requirement). The customer may borrow the remaining 50% after it has been released to SMA. 50% of $6,000 sale = $3,000.

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The complete question is:

“A customer margin account shows: 100 shares of ABC  $50 300 shares of DEF  $80 200 shares of PDQ  $30 Debit = $20,000 SMA = $4,500 Reg. T = 50% If the customer sells the PDQ position, how much cash can be withdrawn from the sale proceeds?

a. $1,500

b. $3,000

c. $4,500

d. $6,000”


Related Questions

Broker audrey has a listing agreement with seller scarlett. one of audrey's salespeople commits a license law violation while interacting with scarlett. audrey?

Answers

Broker audrey features a listing agreement with seller scarlett. one among audrey's salespeople commits a license law violation while interacting with scarlett. audrey are often responsible due to representative obligations.

A listing agreement can be defined as a contract in which the property owner (as the principal) authorizes the real estate broker (as the agent) to find a buyer of the property on the terms of the owner. reciprocally for this service, the owner pays a commission.

Listing agreements authorize brokers to represent sellers and their properties to 3rd parties. An inventory agreement can be defined as an employment contract rather than a real estate contract: A broker is hired to represent the seller, but no property is transferred between the 2.

Even though the list of agreements is legally binding, the contract can in certain circumstances be terminated—for example, if the broker does nothing to plug the property. Additionally, the listing agreement will terminate if the property is destroyed (for example, by a fireplace or natural disaster), or upon death, bankruptcy, or insanity of either the broker or seller.

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Jones company signs a $15,000, 12-month note and receives $14,250 from the bank. on the day that jones signs the note, the company should debit?

Answers

The bank gives $14,250 to Jones Company in exchange for them signing a $15,000, 12-month note. The business must make a debit of $750  to its discount on notes payable on the day Jones signs the note.

The company should debit notes payable account. A liability account that is recorded in a company's general ledger is called notes payable. It is the place when borrowers formally commit themselves to paying back lenders. On the other hand, the lender would note this identical written guarantee in their account for notes receivable. A note payable account must be added in addition to an interest payable account if a business employs the accrual method of accounting. This is due to the fact that a promissory note entails the borrower paying interest, which results in an additional interest cost.

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Generally, all stakeholders agree that there is a problem and on what the problem is before beginning the dmaic process. True or false?.

Answers

Before starting the DMAIC process, most stakeholders are in agreement that there is a problem and what the problem is.

The given statement is false:

The DMAIC manner · define the trouble, development interest, possibility for improvement, the project dreams, and client (internal and external) requirements.

determine the vital factors to your commercial enterprise method's success. To gauge the effectiveness of the method, define manner metrics. you can decorate this procedure' performance the usage of the six sigma method. A rational, organized technique to enhancing corporate operations is six sigma.The Greek letter "Sigma," utilized in information, expresses how far a manner deviates from best conduct. Sigma is every other call for the manner's general deviation from the mean. An organization can use the Six Sigma system to count the "defects" in a procedure, discover approaches to get rid of them, and as carefully as possible to "0 defects"increasing the effectiveness and nice of the employer presents demanding situations for managers. to be able to prevail, they ought to put the great method and tools for system evaluation and manage into use. The pinnacle The procedure ought to be improved which will improve the final results.

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Finding the best name is part of __________, and it begins with a careful review of the product and its benefits, the target market, and proposed marketing strategies.

Answers

The best name is part of brand positioning and it begins with a careful review of the product and its benefits, the target market, and proposed marketing strategies.

How critical is brand positioning?

In order to buy a present for a coworker, where would you go. Amazon or a traditional retail store. Excellent examples of brand positioning strategies are the first ideas that come to mind. They understand how to do it well, which is why such companies have a position in your mind.

Brand positioning may appear to be a mystical concept built into your business by design, but this is not the case. It requires upkeep and sometimes revision.

It's a carefully thought-out strategy that brings your company's vision, identity, objectives, and product image together to give you a prominent position in the market. It also aids in developing and preserving your reputation and brand.

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The tyranny of the contemporary is best described as a(n) _____________ collective action problem.

Answers

The tyranny of the contemporary is best described as a(n) intergenerational collective action problem.

What entails the tyranny of the contemporary?

Generally, the central component of the perfect moral storm is the threat of a tyranny of the contemporary, as observed that, the collective action problem in which ancient generations exploit the future by taking modest benefits for themselves now while passing on potentially catastrophic costs later.

Therefore, we will conclude that tyranny of the contemporary is best described as an intergenerational collective action problem because they create a costly mistake and cost for the upcoming generation knowingly or unknowingly.

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Identify the environmental factor that is a characteristic of an attractive environment for a business

Answers

Low customer bargaining power is a sign of a favorable business climate.

What are the main determinants of the business environment?

Environmental elements in business are the circumstances that exist in a workplace. In business, technological, economic, social, political, and cultural factors are the most crucial environmental factors. The business environment is anything that is related to a firm organization. It affects the decisions, strategy, workflow, and performance of the company. Social, technological, economic, legal, and political factors that are outside of the control of the business (STEP) make up the environment. Fuel costs, weather, and natural disasters all have an effect on how quickly things are transported. How you sell your products will be influenced by your product supply. If supplier costs unexpectedly treble as a result of political upheaval abroad, you might need to change your marketing strategy from one that is price-focused.

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Tricon co. sells $10,000 of its accounts receivables and is charged a 5actoring fee. it records this sale with a debit to?

Answers

Tricon Co. sells $10,000 of its accounts receivables and is charged a 5% factoring fee. It records this sale with a debit to Cash for $9,500.

What is a factoring fee?

The factoring fee is a kind of discount in which it includes factoring companies that are received by the companies after purchasing invoices before they are due and the debtors are to be paid.

One can easily calculate it with the help of the formula. They just have to put the data in the formula. It's like:

Factoring fee = daily rate * number of days the invoice is outstanding

Thus,  sale with a debit to Cash for $9,500.

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In a common-size income statement, each item is expressed as a percentage of total.

Answers

Yes, it is true that in a common-size income statement, each item is expressed as a percentage of total. Net sales, for instance, are 100% of the total. The usage of percentages makes it possible to analyze financial statements more consistently and comparably through time and among competitors.

An income statement with each line item expressed as a percentage of revenue or sales is referred to as a common-size income statement. By using the common size percentages help us to see each line item or component that will affects the financial position of the company. Common-size financial statements make it easier to compare a company's performance over time and to that of its rivals.

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A retailer operates different store formats to appeal to different groups of customers. this strategy illustrates _____ marketing.

Answers

A retailer operates different store formats to appeal to different groups of customers. this strategy illustrates differentiated marketing.

What is meant by differentiated marketing?

This is the type of marketing that may be referred to as segmented marketing. It is the one that the market would have to settle on a particular segment which they think would be able to give the best opportunity. Each of the segment is one that would have a special offer.

Hence we can say that a retailer operates different store formats to appeal to different groups of customers. this strategy illustrates differentiated marketing.

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During the year, smite company declared and paid dividends in the amount of $50,000. as part of the closing process, smite should:_________

Answers

During the year, smite company declared and paid dividends in the amount of $50,000. as part of the closing process, smite should: debit retained earnings and credit dividends

What are the appropriate entries for dividends payments?

First and foremost, it should be noted that when dividends are declared, the retained earnings from which dividends is debited with the amount of dividends, since a decrease in an income account is a  debit entry, as a result, the dividends payable account , which shows the amount of  cash dividends to be paid to shareholders is credited, as  a part of the closing process

Upon payment of the dividends, the cash account balance decreases, hence, it is credited such that the corresponding entry would be in dividends payable account which is debited with amount paid.

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What is the break-even quantity beyond which the first process is more attractive?

Answers

The break-even point is the point during which total cost and total revenue are equal, implying that your small business has no loss or gain.

What do we mean by break-even quantity?According to Avery, "the breakeven quantity is the number of iterative units that the firm needs to sell to cover the cost of a marketing program or other type of investment." The break-even quantity formula is calculated by dividing the break-even point revenue by the average selling price per unit. It is also equal to the total fixed costs divided by the difference between the average selling price and the average variable costs per unit. The break-even point refers to the point at which total cost and total revenue are equal, implying that your small business has no loss or gain. In other words, you've reached the point where the costs of production equal the revenues for a product.

Therefore, the break-even point is the point during which total cost and total revenue are equal, implying that your small business has no loss or gain.

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When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as?

Answers

When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.

What is Additive Seasonal Variation?

The seasonal component is stated in absolute terms in the scale of the observed series using the additive approach, and the level equation adjusts the series for the season by deducting the seasonal component. The seasonal component will roughly equal zero within each year.

therefore,

When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.

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Few defects will be produced when the actual process variation is __________ than the target variation.

Answers

Few defects will be produced when the actual process variation is smaller than the target variation. So the correct option is B smaller

What is variation?

The discrepancy between an ideal and real scenario is referred to as the Law of Variation. The most frequent manifestations of variation or variability are changes in the data, anticipated results, or minor changes in the quality of the output. Four distinct locations are where variation typically occurs:

1 : Special causes

2 : Common causes

3 : Tampering

4 : Structural variation

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A thrill is a fine, palpable, rushing vibration. it generally indicates turbulence or a disruption of the expected blood flow. one of the causes includes:__________

Answers

A thrill generally indicates turbulence or a disruption of the expected blood flow. One of the causes of thrill includes an incompetent heart valve.

What is a thrill?

This refers to the fine, palpable, rushing vibration or a palpable murmur that indicate a disruption of the expected blood flow related to some defect in the closure of one of the semilunar valves (generally aortic or pulmonic stenosis), pulmonary hypertension, or atrial septal defect.

As the thrill is a vib-rat-ory se-nsati-on felt on the skin overlying an area of turbulence, it indicates a loud heart mu-rm-ur which are usually caused by an incompetent heart valve.

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Why would you only want to do business at a bank or credit union that is INSURED?

Answers

Credit score unions typically offer decreased fees, better savings quotes, and a more personalized approach to customer service for individuals. in addition, credit unions might also offer decreased hobby costs on loans. it can additionally be less complicated to attain a loan with a credit score union than with a bigger financial institution.

Less rigid eligibility requirements. lower interest fees. Deposits are insured in an identical manner as banks. more economic literacy sources.

A commercial business account permits less difficult rate monitoring and tax filing. enterprise money owed also lend credit union to your commercial enterprise, in view that carriers will obtain tests from the name of your enterprise, now not your private account. each of your non-public and commercial enterprise money owed may be controlled online via digital banking apps.

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True or false: adjusting entries ensure that assets in the balance sheet are reported at amounts that have been used up or expired during the period.

Answers

Adjusting entries make sure that assets are listed in the balance sheet at their current quantities rather than the amounts that have been used up or expired over the period. These journal entries are significant because they guarantee the accuracy of both the revenue statement and the balance sheet. The above statement is false as a result.

What Is an Adjusting Journal Entry?

Transactions that have already happened but haven't been properly documented in accordance with the accrual method of accounting are recorded using adjusting journal entries.At the conclusion of an accounting period, adjusting journal entries are written in a company's general ledger to comply with the matching and revenue recognition standards.Accruals, deferrals, and estimations are the three most typical types of adjusting journal entries.When one accounting period ends and another begins, it is used for accrual accounting.A cash accounting company does not require altering journal entries.

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Three unrelated owners took title to a warehouse building as joint tenants. one of the owners died testate. the remaining two owners now own the building?

Answers

The two remaining owners now own the building as joint tenants after the death of one of the owners.

In this question we know that the owners were not related in blood with each other thus,

Kinship laws don't matter because the three owners are not related to each other,

If one of them dies, the remaining owner will be the owner of the land jointly and severally,

The deceased's will also plays no role because co-location rules automatically divide the property between the two remaining joint tenants.

hence, the remaining two owners will now be joint tenants.

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Eleven republics of the former soviet union are members of which trade agreement?

Answers

Eleven republics of the former soviet union are members of the trade agreement Commonwealth of Independent States.

What is a trade agreement?

This is the term that has to do with the bilateral or the multi lateral agreement to trade that exists between two nations or more nations. This is a way that is used to establish good friendship between the nations that are involved.

Hence we can say that Eleven republics of the former soviet union are members of which trade agreement Commonwealth of Independent States.

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Leaders in the _____ emphasize cooperation, consideration of both employees and customers, and avoiding status differences.

Answers

Leaders in the involvement corporate culture emphasize cooperation, consideration of both employees and customers, and avoiding status differences.

What is corporate culture?

Corporate culture is the set of values and practises that guide how management and staff interact and conduct business with third parties. Corporate culture frequently emerges naturally over time from the collective characteristics of the employees a firm recruits, rather than being explicitly defined. In this illustration of corporate culture, a sense of mission, loyalty, and teamwork inside a close-knit organization—such as family enterprises, start-ups, and other small organisations and groups—are what motivate employees to feel like they belong. Internalization is prioritised, with a focus on teamwork, communication, and interpersonal interactions.

Therefore,

Leaders in the involvement corporate culture emphasize cooperation, consideration of both employees and customers, and avoiding status differences.

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Changes in the performance of an existing service or the creation of a new one are?

Answers

Organizational change is the process through which a firm or business changes a key aspect of its structure, such as its culture, the operational infrastructure or supporting technologies, or its internal procedures.

The second phase in the comprehensive approach to change is for managers to create goals for the change that was identified in step one.

The planned change model has seven steps, including diagnosing the issue, evaluating the system's motivation and capacity for change, evaluating the resources and motivation of the change agent, developing change goals and methods, and identifying the role of the change agent.

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Which time-series forecasting method works best if the company assumes that product demand will stay fairly steady over time?

Answers

Moving average in time-series forecasting method works best if the company assumes that product demand will stay fairly steady over time.

What is the significance of moving average in time series forecasting?

Moving averages are a simple and common type of smoothing that is mainly used in time series analysis and time series forecasting.

A moving average refers to a series of averages, calculated from historic data. It can be calculated for any number of time periods such as three-month moving average, a seven-day moving average etc.

Basically, moving average depicts that the current value is linearly dependent on the current and past error terms.

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Economists reason that the optimal decision is to continue any activity up to the point where the.

Answers

Economics investigates how people behave in markets. A market is a collection of buyers and sellers of an item, The framework or organisation by which they conduct business.

Economists:

Make three main assumptions about how people interact in markets. People are logical beings, to start. As a result, both buyers and sellers use every information at their disposal to achieve their goals. Second, monetary incentives have an impact on people's actions.
Third, decisions should be taken on the edge. The marginal benefit and marginal cost of a choice are its additional benefits and expenses. The best or optimal course of action, according to economists, is to continue any activity until the marginal benefit (or MB) equals the marginal cost (MC). MB = MC can be expressed symbolically.
The Great Depression's high rates of company bankruptcy and unemployment led to a substantial rise in government intervention in the economy in the United States and other market economies. The goal of several government programmes is to raise the earnings of the aged, the sick, and the poor. Recently, more government action has been taken to support social goals including environmental preservation and the expansion of civil rights. Due to the government's increasing participation in market economies, the majority of economists claim that the United States and other nations have mixed economies rather than market economies.

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In which way can podcasts be organized when used by organizations?
a) by type of interaction required
b) by corporate training issues
c) by product line by technical topics

Answers

Answer:

A is the right answers

Explanation:

because the podcast will be well organized when the interaction is included

By type of interaction required, the way can podcasts be organized when used by organizations. Thus, option (a) is correct.

What is organizations?

The word “organization” refers to the structure and hierarchy of the workplace, as well as the shared objectives of its participants. The word “organization” is primarily used in the workplace and in business contexts. The organizations are to perform the business task.

Podcasts are the new type of technology. The podcast is mainly based on the audio. It is a type of digital media. The users are the ones who listen to the internet audio.

Nowadays, podcasts are the most commonly used in the organization. The main reason is that they provide instruction related to the task. The instructions related to the new project and the general information.

As a result, the podcasts be organized when used by organizations as they provided the instruction. Therefore, option (a) is correct.

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Nicholas bowman has a savings account with $825 in it. he knows that he can easily withdraw this money and spend it whenever he wishes. this would be an example of:_________

Answers

Nicholas bowman has a savings account with $825 in it. he knows that he can easily withdraw this money and spend it whenever he wishes. This would be an example of a liquid asset.

What is a liquid asset?

Assets that are easily convertible into cash are referred to as liquid assets. Even while assets are priceless belongings that may be exchanged for money, not all of your assets can be sold right away for cash or without incurring a loss. Cash is a common liquid asset. The most liquid asset is cash.

Generally speaking, liquid assets must already be in the form of cash or the business must be able to quickly convert the asset to cash (such as less than a month.) In order to be considered a liquid asset, a security or bond must be actively traded on the market.

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Current assets are defined as assets that can be turned into cash within ______ months.

Answers

As a result, short-term investments are liquid meaning they can be readily converted into cash. Hence, current assets get transformed into cash within one year.

What is the period for current assets?

Current assets are any asset a business can convert to cash within a short time, usually one year. These assets are listed in the Current Assets account on a publicly dealt company's balance sheet.

A liquid asset is an asset that can readily be converted into cash in a short amount of time. Liquid assets contain things like cash, money market instruments, and marketable securities.

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A $340,000 property sells at a 7ommission with a 50-50 co-brokerage split and a 50 gent split with her broker. what is agent's commission?

Answers

The agent's commission is $5,950

7ommission with a 50-50 co-brokerage split and a 50 gent split with her broker.

A commission agent acts as a go-between for enterprises of all sizes when dealing with suppliers. A person in this position may operate in a variety of fields, including real estate, sales, and entertainment, as well as throughout the world. Additionally, a commission agent may simultaneously serve multiple companies.

An international agent who receives payment as a percentage of the sales they bring in. The Agent strictly complies with the sale terms specified to it by the Principal while making products available to potential customers in a certain territory (often a country). The Agent's and Principal's relationship is solely business-related; there is no employment connection between them.

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how to write a table of content ​

Answers

The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.

a matrix or grid of information with columns and rows. a table including a number of mathematical calculations.

After the title page, begin a new page.

List the document's headings in alphabetical order.

Include subheadings if necessary.

Give each heading a page number.

Place the information in a table.

the Table of Contents' title.

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The _________ represents the cumulative total of net income less dividends over the life of the company.

Answers

The ending balance of retained earnings represents the cumulative total of net income fewer dividends over the life of the company.

This is further explained below.

What are earnings?

Generally,  The net advantages of a corporation's operations are referred to as earnings.

Earnings are the basis for calculating the tax liability of a corporation. EBIT and EBITDA are only two of the more technical metrics that are used when doing an examination of certain facets of business operations.

It is standard practice to use a variety of other phrases in place of earnings, such as income and profit.

In conclusion, The cumulative sum of retained profits during the company's entire existence is represented by the ending balance of retained earnings. This figure is calculated by deducting dividends from net income.

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Speedee snoboards, inc., refuses to sell its products to timber mountain wintersports stores, inc., a retail snowboard dealership. this is:_______

Answers

Refuses to sell its products to timber mountain winter sports stores, inc., a retail snowboard dealership. this is:  a unilateral refusal to deal

How do franchises work?

Dealers are people who buys goods or products from manufacturers or retailer and sell them off. In layman's terms, a dealer is someone who trades a particular product or item. Sometimes, Franchise  also act as a middleman between the provider and buyer, although they are different as they  attract consumers.

What is the point of dealership?

The franchise arranges financing, collects taxes, handles the state registration, and offers an chance to see and drive various models before making a resolution . It will take your old car on trade and stands ready to provide factory-warranty service and handle recalls.

A unilateral refusal to deal :

A unilateral refusal to deal may take on another  meaning, however, when it is a monopolist that does the decline , particularly if the rejection in some way shores up the monopoly. And a concerted refusal to deal may indeed be a spurn  that the antitrust laws condemn per se.

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Salespeople who have the skills and motivation to add value during the sales process are rewarded by:_________

Answers

Salespeople who have the skills and motivation to add value during the sales process are rewarded by Information Economy

What is information economy?

A worldwide economy based on aggregated data from goods, prices, and customers around the globe is known as an information economy. Consumers can view and buy products on the global market thanks to this unified information. In an information economy, consumers can acquire data on product availability and costs from a variety of sellers.

The price of energy, food, and raw commodities can now be affected quickly exchanged information thanks to technological advancements over the past few decades. The value of this information has increased to the point where any worldwide uncertainty causes a change in the global markets. Examples include natural calamities and political unrest in other countries.

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