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
IRINA_888 [86]
3 years ago
13

Currently the price of Titanic stock is $20 a share. You have $40,000 of your own funds to invest. Using the initial margin of 5

0 percent and maintenance margin of 30 percent, what is your percentage profit if you purchase the stock and it rises to $30 a share (ignore dividends and taxes) and what is the stock price for you to receive a margin call?
Business
1 answer:
PtichkaEL [24]3 years ago
6 0

Answer:

The percentage profit if you purchase the stock and it rises to $30 a share

= $166.67

Explanation:

Titanic stock is $20 a share. You have $40,000 of your own funds to invest.

∴ $4,000.00/$20 = 200.00 shares were bought with $4,000.00

With margin of 50 percent and maintenance margin of 30 percent,

50% + 20% = 80%

∴  New Cost of Stock ($30.00) ÷ $4,000.00)

= $133.33 X 0.80

= $166.67

You might be interested in
A scientist discovers a chemical in certain rocks that kills bacteria when it is mixed with sterile water in a test tube. She ca
Keith_Richards [23]

Answer:

<em>A scientist discovers a chemical in certain rocks that kills bacteria when it is mixed with sterile water in a test tube. She cannot market extracts that contain this chemical as a dietary supplement, because it </em><em><u>does </u></em><em><u>not</u></em><em><u> </u></em><em><u>contain</u></em><em><u> </u></em><em><u>dietary</u></em><em><u> </u></em><em><u>ingredients</u></em><em><u>.</u></em>

5 0
3 years ago
Temporary Housing Services Incorporated (THSI) is considering a project that involves setting up a temporary housing facility in
Tema [17]

Answer:

$6.25 million

Explanation:

Calculation for free cash flow

Using this formula

Free Cash Flow = (Revenues - Expenses-Depreciation) × (1–Tax rate) + Depreciation

Let plug in the formula

Free Cash Flow= ($20 million - $12 million - $3 million ) × (1–0.35) + $3 million

Free Cash Flow=($5 million*0.65)+$3 million

Free Cash Flow=$3.25million+$3 million

Free Cash Flow=$6.25 million

Therefore free cash flow for the first and only year of operation wiill be $6.25 million

7 0
4 years ago
B. what is the monthly surplus created in the wholesale butter market due to the price support (price floor) program?
AveGali [126]

Answer:

The answer is Surplus is equal to zero.

Explanation:

Suppose if P  = 1$.

Q = 101, Qs = 79

Where as monthly surplus  = 79 - 101

Monthly surplus = -22

_22 means negative surplus which can also be interpreted as zero surplus.

3 0
4 years ago
If the price of natural gas rises , when is the price elasticity of demand likely to be the highest?
AlexFokin [52]

If the price of natural gas rises, the price elasticity of demand is likely to be the highest one year after the price increase.

<h3>What is the price elasticity of demand?</h3>

A measure of a product's consumption shift in response to a price change is called price elasticity of demand. The quantity shift in percentage terms divided by the price change in percentage terms is used to determine the price elasticity of demand.

The price elasticity of demand would probably be at its peak if the price of natural gas increased. Elasticity will be strongest in the long run since consumers would start exploring alternatives as a result of ongoing price increases.

Learn more about the elasticity of demand, here:

brainly.com/question/20630691

#SPJ1

5 0
2 years ago
Danes generally are not afraid of taking chances; they are comfortable doing things that are not carefully thought out or planne
Aleks04 [339]

Answer:

uncertainty avoidance

Explanation:

Based on the information provided within the question it can be said that this is an example of the application of Hofstede's typology under the values which highlight uncertainty avoidance. This term refers to the difference between cultures pertaining to the amount of unpredictability that they can tolerate. Which in this scenario is stating that the Danes have a high tolerance for unpredictability.

8 0
3 years ago
Other questions:
  • How much time must elapse for the activity of a block of cheese containing 131i to drop to 1.0% of its initial value?
    6·1 answer
  • Grab Manufacturing Co. purchased a 10-ton draw press at a cost of $180,000 with terms of 5/15, n/45. Payment was made within the
    5·1 answer
  • Change in supply or change in quantity supplied
    11·1 answer
  • When Carlos, the manager of a coffee shop, speaks to customers in order to find out trends in their preferences and their changi
    11·1 answer
  • Because Jerrod missed a payment, the credit card company automatically raised the interest rate to 24%. How many years would it
    13·2 answers
  • Aspen Technologies has the following budget data: Estimated direct labor hours 15,000 Estimated direct labor dollars $90,000 Est
    10·1 answer
  • Expenses are recorded as costs of doing business whether cash was paid or not.<br> True or False
    6·1 answer
  • BSU Inc. wants to purchase a new machine for $45,600, excluding $1,200 of installation costs. The old machine was bought five ye
    11·1 answer
  • Jostens Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and $1,000,000 of 10% bonds outsta
    8·1 answer
  • In a perfectly competitive market, a. every seller tries to undercut the prices charged by its rivals. b. every seller takes the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!