(30,000 *.9434) + [30,000 * (.9434) (.9434)]
28,302+ (30,000 * .89000356)
28,302 + 26,700.1068
= $55,002.1068
I don’t know if you have to have the decimals that’s why I included them. Hope it helps.
Many companies have A stocks for employees, B stocks for stockholders, and C stocks for stockholders. B stocks have these priveleges.
~ThePirc
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Answer:
$1,000
Explanation:
The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50
If the market value rises to $22,000, the account will show
Long market value - Debit = Equity % SMA
$22,000 - $10,000 = $12,000
Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA
Answer:
2.25 times
Explanation:
The computation of the market-to-book ratio is shown below:
Market to book ratio = (Market price per share) ÷ (book value per share)
where,
Market price per share = $38 per share
And, the book value per share
= Total equity ÷ outstanding shares
= $25,380 ÷ 1,500 shares
= $16.92
So, the market to book ratio would be
= $38÷ $16.92
= 2.25 times
