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4 years ago

A customer purchases $100,000 of municipal bonds at 40% in a margin account. The customer must deposit:_______

Business

1 answer:

miss Akunina [59]4 years ago

8 0

Answer:

customer must deposit $8000

Explanation:

given data

purchases bonds = $100,000

margin = 40%

solution

As we know minimum maintenance requirement set by Financial Industry Regulatory Authority is the great than 7% of face amount or 20% of the market value

and margins is minimums set by exchange

so bond is purchased at 40% is

bond purchase = 40% × $100,000 = $40000

and 20% of $40,000 is = $8,000

and 7 % of $100,000 is = $7,000

so greater amount is $8,000

so customer must deposit $8000

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Cash $38,600 Short-term investments 9,000 Accounts receivable 40,000 Inventory 240,000 Prepaid expenses 17,400 Accounts payable

ZanzabumX [31]

Answer:

Current ratio and Acid-test ratio (3.15 and 0.80)

Explanation:

Note: The missing part of the question is "Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio:"

i. Current ratio = Current assets/Current liabilities

Current assets = 38,600 + 9,000 + 40,000 + 240,000 + 17,400

Current assets = $345,000

Current liabilities= 87,200 + 22,300

Current liabilities = $109,500

Current ratio = $345,000 / $109,500

Current ratio = 3.15

ii. Acid-test ratio = {Current assets - (Inventory + Prepaid expenses)}/Current liabilities

Acid-test ratio = 345,000- (240,000 + 17,400 ) / 109,500

Acid-test ratio = 87,600 / 109,500

Acid-test ratio = 0.80

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4 years ago

With the start of each new era in japan, the country's capital changed locations. why?

Nitella [24]

With the start of each new era in Japan, the country's capital changed locations because of the reason that they wanted to be under the governing of a new head or leader. The capital wanted to start fresh, and new.

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3 years ago

A vendor makes a new smartphone and presells four thousand units for $300 each. The factory has the capacity to produce one thou

Oksanka [162]

Answer:

2. Limited supply would increase the price

Explanation:

In the given case the vendor sells in advance four thousand units for $300. While the installed capacity of the factory being to produce 1000 smartphones every month.

Expected sales being 500 units per month.

During the first few months, since the seller has already successfully sold 4000 smartphone units, high demand for the smartphones is evident.

Since the supply is limited to 1000 units only in a month and the quantity demanded being more as is evident by 4000 units being pre sold, during the initial phase, this would create a high demand.

And since the supply is limited, the seller will have to increase the price as the demand is lot more.

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3 years ago

Whenever Madelyn thinks about being a veterinarian, she experiences a positive, enthusiastic feeling. Because her feeling isn’t

dmitriy555 [2]

Answer:

The correct option is C. intuition

Explanation:

Intuition can be described as a quality in which a person thinks of something to be right due to his/her instinctive feeling. There is no logical reason for that thing to be right but still, a person understands or believes it to be true. For example, in the above question, Madelyn does not have any conscious reasoning for her being a veterinarian yet it just feels right to her. Hence, this is her intuition.

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4 years ago

Read 2 more answers

The form of business that limits the liability of individuals for the risks involved in business activities is known as _____.

m_a_m_a [10]

Answer:

The correct answer to the following question will be Option A (Corporation).

Explanation:

A Corporation seems to be a separate legal entity and is different from its proprietors. Corporations possess most of individual responsibilities and rights: they can sign contracts, lend and borrow the money, sue and prosecute, hire workers, own properties, and paying taxes. Some call him a "legal person".

A company form that declares the enterprise as a distinct, corporate entity governed by people known as the management board. Perhaps the most beneficial way to begin an enterprise is a corporate structure, as the organization operates as a distinct entity.

Therefore, Option A is the right answer.

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3 years ago