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.
mainly because of the countries negative trade balance, but also because it is strictly regulated by the central bank which is the National bank of Ethiopia.
Sum of the year's digits is 5 + 4 + 3 + 2 +1 = 15 years. Depreciation base: 32,000 - 2,000 = 30,000 The depreciation applied in any year is the depreciation base times (number of years remaining divided by 15). The first year has the highest depreciation, and the fifth year has the lowest. Depreciation: 1st Year: Dep Base x 5/15 2nd Year: Dep Base x 4/15 3rd Year: Dep Base x 3/15 4th Year: Dep Base x 2/15 = 30,000 x 2/15 = 4,000 5th Year: Dep Base x 1/15
