During the months of November and December 2014, Comfy Home had the following transactions related to holiday wreaths: November 1, 2014 - purchased 40 wreaths for $15 each Between November 2 and November 29, 2014 - sold $1,000 worth of wreaths for a sales price of $50 each November 30, 2014 - purchased 85 wreaths for $20 each Between December 1, 2014 and December 31, 2014 - sold $5,000 worth of wreaths for a sales price of $50 each If Comfy Home uses the LIFO method for recording their inventory, what is the amount transferred to the cost of goods sold account during the month of December 2014

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii