1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataly_w [17]
4 years ago
14

A customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securi

ties, how much could be withdrawn from the account
Business
1 answer:
strojnjashka [21]4 years ago
7 0

Answer: $1000

Explanation:

From the question, we are informed that a customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securities.

Based on the above analysis, the customer can only withdraw $1000. This is because since $2000 worth of securities are sold, half of it which is $1000 will be credited to SMA which is the withdrawable amount.

You might be interested in
You decided to save all of tax refunds next four years. Given your projection of your annual income and effective tax rate, you
Galina-37 [17]

Answer:

Final value= $15,101.13

Explanation:

Giving the following information:

You believe that you will be able to invest $3,000, $3,300, $3,800, and $4,000 next four years. The interest rate is 5%.

To calculate the final value of each deposit we need to use the following formula:

FV= PV*(1+i)^n

Year 1= 3,000*1.05^3= $3,472.88

Year 2= 3,300*1.05^2= 3,638.25

Year 3= 3,800*1.05= 3,990

Year 4= 4,000

Total= $15,101.13

7 0
4 years ago
What does a budget account for primarily??
madreJ [45]
<span>The Government uses the budget system to determine the allocation of resources among its major functions such as ensuring the national defense, promoting commerce, and providing health care as well as to determine the objectives and scope of individual programs, projects, and activities. I guess that is what youre asking for?</span>
6 0
4 years ago
A(n) _____ is the business term for the population of customers for a business owner's products or services.
anyanavicka [17]
The answer is market 
5 0
3 years ago
Analyzing Unearned Revenue Disclosures
Elan Coil [88]
Oh god its too long!!
4 0
3 years ago
Britney, a manager in an advertising firm, was assigned a team and asked to come up with ideas for an advertising campaign. Brit
Misha Larkins [42]

Answer:

Nominal group technique (NGT)

Explanation:

Based on this scenario, it can be said that Britney used Nominal group technique (NGT) to generate the ideas. This is a structured method used for group brainstorming, which encourages full contribution from all members of the group and focuses on quick agreements on the issues/problems at hand, thus leading to faster solutions to those problems, and allows those ideas to come to fruition at a much faster and efficient pace.

8 0
3 years ago
Other questions:
  • Problem 08-1A Preparing and analyzing a flexible budget LO P1, A1 [The following information applies to the questions displayed
    7·1 answer
  • or False: The following statement accurately describes how firms make decisions related to issuing new common stock. Taking flot
    10·1 answer
  • Lois walked into ABC Company to pick up an application for a secretarial job. When she asked about the duties and working condit
    7·1 answer
  • On November 30, Petrov Co. has $105,400 of accounts receivable and uses the perpetual inventory system. Dec. 4 Sold $6,505 of me
    14·1 answer
  • Sparkman Co. filed a bankruptcy petition and liquidated its noncash assets. Sparkman was paying forty cents on the dollar for un
    13·1 answer
  • Which of the following would be considered the highest risk portfolio
    15·2 answers
  • Oscanda Accessories Corporation manufactured 21,400 travel bags during March. The following fixed overhead data pertain to March
    8·1 answer
  • The repayment of a note payable is classified in the statement of cash flows as a(n): _______
    14·1 answer
  • An investment of $6000 earns interest at 2.5% per annum compounded semi- annually for 5 years. At the that time the interest rat
    7·1 answer
  • the preferred type of retirement account for the typical college students working a part-time low-wage job would generally be:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!