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
Svet_ta [14]
3 years ago
14

In a new margin account, a customer buys 1,000 shares of ABC stock at $40 per share. The stock rises to $50 during the next week

and subsequently declines to $39. If there are no other transactions in the account, the current SMA balance would be:A. 0
B. $2,500
C. $5,000
D. $10,000
Business
1 answer:
Helen [10]3 years ago
4 0

Answer:

C) $5,000

Explanation:

Since the price of the stocks first rose to $50, the account's equity was $50,000.

The SMA balance was = ($50,000 x 1/2) - $20,000 = $,5000

The SMA balance acts like a stabilizer and cannot be taken away even if the price of the stocks fall slightly. The price of stocks must fall 25% in order for the SMA to be withdrawn.

The investor's equity decreased = equity - margin requirement = $39,000 - $20,000 = $19,000, but the amount that the investor can borrow (SMA balance) will remain the same at $5,000.

You might be interested in
Latiker, Inc., manufactures and sells two products: Product Y9 and Product W0. Data concerning the expected production of each p
SSSSS [86.1K]

Answer:

d. $72.41 per setup

Explanation:

The computation of the activity rate for the machine setup activity pool is as follows;

The Activity rate for the Machine setups activity cost pool is

= Estimated overhead cost ÷ Total machine setup

= $50,687 ÷ 700

= $72.41 per setups

Hence, the activity rate for the machine setup activity pool is $72.41 per setup

Therefore the option d is correct

5 0
3 years ago
Scrooge, Inc. prepares adjusting entries only at the end of its fiscal year, August 31. Scrooge has the following unadjusted acc
o-na [289]

Answer:

$6,100

Explanation:

The computation of the net income is shown below:

= Service revenue in trial balance + ( unearned revenue × given percentage) - (rent expense in trial balance) + ( Prepaid rent × 2 months ÷ 12 months) - (wages expense in trial balance + adjusted trial balance)

= $5,000 + ($4,000 × 80%) - ($800 + $3,600 × 2 months ÷ 12 months - ($600 + $100)

= $5,000 + $3,200 - $1,400 - $700

= $6,100

4 0
3 years ago
i'm doing a speech about why people give up and why they shouldnt give up what should my attention getter and my main points be?
stiv31 [10]
•Succese
•Failur
•Fear
•greatness
•Proudness
•Lifestsly
Those are a few main points you can pick from I'm not go at attention grabbers sorry
Hope this helps have a nice day (if u want me to go into more detail don't be afraid to pm me)
4 0
3 years ago
To increase the Federal funds rate, the Fed can:
VikaD [51]
To increase Federal Funds rate, they can B: decrease the discount rate. I'm sorry if I'm wrong. I'm also sorry it took so long I was distracted watching the Hannah Montana marathon on Disney Channel :) I'm such a child. Well, i am 12 and Hannah Montana was my entire childhood (age 1-7 and is always a part of me)
3 0
3 years ago
focused on how differential association with varying ethical climates within corporations was a major cause of white-collar crim
Ede4ka [16]

Clinard focused on how a differential association with varying ethical climates within corporations was a major cause of white-collar crime.

Additionally, crimes such as embezzlement, money laundering, securities fraud, and corporate fraud are examples of white-collar crime. White-collar crime is non-violent, but not victimless. Such crimes can destroy companies, wipe out personal savings and cost investors millions of dollars.

Drug offenses such as distribution, manufacture, or possession. Theft offenses such as armed robbery, robbery, and shoplifting. Violent crimes such as murder, assault, assault, and sexual crimes such as sexual assault and prostitution.

Rational Choice Theory, developed by Cesare Beccaria in 1764, describes white-collar crime as a life of weighing options and choosing the one with the greatest reward.

Learn more about Clinard  here;

brainly.com/question/380037

#SPJ4

8 0
1 year ago
Other questions:
  • Suppose an industry is made up of 16 firms. Three firms each sell 12 percent of the industry's total output; another three firms
    9·1 answer
  • Pressures for ________ imply that it may not be possible for a firm to realize the full benefits from economies of scale, learni
    7·1 answer
  • Best game you like................
    14·2 answers
  • A computer manufacturing company allows customers to shop in their preferred way. For example, they can gather information onlin
    13·2 answers
  • XYZ Company reported the following information for the year 2020: Beginning raw materials inventory$37,000Beginning work in proc
    7·1 answer
  • If happiness was money, what would your job be?​
    12·2 answers
  • On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds that it believes to be
    12·1 answer
  • Quartz Corporation is a relatively new firm. Quartz has experienced enough losses during its early years to provide it with at l
    12·1 answer
  • Why does Staples participate in Anti-Money Laundering Compliance?
    9·1 answer
  • Can the costs be decreased? How can value be added? Please complete the analysis for each item
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!