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
Klio2033 [76]
2 years ago
12

"In a new margin account, a customer buys 1,000 shares of ABC stock at $40 per share. The stock rises to $45 during the next wee

k and subsequently declines back to $40. If there are no other transactions in the account, the current SMA balance would be:"
Business
2 answers:
r-ruslan [8.4K]2 years ago
6 0

Answer:

$20,000

Explanation:

The balance of the special memorandum account (SMA) will equal half the total equity of the account. When an investor buys on the margin, he/she will invest $0.50 and the broker will invest the other $0.50.

So the investor's SMA = equity - margin requirement = $40,000 - $20,000 = $20,000

laiz [17]2 years ago
3 0

Answer: SMA Balance $40000

Explanation:

the Special Memorandum Account(SMA) Balance will remain at $40000 (1000 x $40). The SMA Balance does not decrease when the market value of the security decrease

You might be interested in
Riley is a 50% partner in the RF Partnership and has an outside basis of $56,000 at the end of the year prior to any distributio
Savatey [412]

Answer:

The land basis will be $8,000 and partnership basis will be $42,000.

Explanation:

The outside basis at the end of the year is $56,000.

The cash basis is $6,000.

The fair value of land is $14,000.

The land basis to RF is $8000.

The partnership basis will be

=Outside basis-cash basis-land basis

=$(56,000-6,000-8,000)

=$42,000.

So, the land basis will be $8,000 and partnership basis will be $42,000.

5 0
3 years ago
A text only forum accessed through a bulletin board service (BBS) is known as a ____.
Vinvika [58]

Answer:

its B don't listen to stupid people

Explanation:

8 0
2 years ago
Read 2 more answers
TB MC Qu. 9-371 Irving Corporation makes a product with ... Irving Corporation makes a product with the following standards for
lisov135 [29]

Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 7,802/1,660= $4.7

Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

Variable manufacturing overhead rate variance= $664 favorable

6 0
3 years ago
The world trade organization envolved from which of the following?
Alexxandr [17]

Answer:

You might want to tape "evolve" in this case the answer is the GATT

Explanation:

The World Trade Organization's predecessor, the General Agreement on Tariffs and Trade (GATT), was established after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation – notably the Bretton Woods institutions known as the World Bank and the International Monetary Fund. A comparable international institution for trade, named the International Trade Organization was successfully negotiated.

The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which is signed by representatives of member governments and ratified by their parliaments.

3 0
3 years ago
Pork barrel projects are approved because they do what
Rina8888 [55]
The answer is that " they help politicians win support from their constituents".

Pork barrel is an illustration for the allotment of government spending for restricted activities secured exclusively or basically to convey cash to an agent's area. The utilization started in American English. In decision battles, the term is utilized as a part of deprecatory mold to assault rivals.
8 0
2 years ago
Read 2 more answers
Other questions:
  • Expand academic a sap, the publication field indicates
    14·1 answer
  • What are the advantages of taking a criminal case to the criminal grand jury?
    7·1 answer
  • Spears Co. had net sales of $35,400 million. Its average total assets for the period were $14,700 million. Spears' total asset t
    6·2 answers
  • What would u say if u saw a stranger
    15·1 answer
  • Newspapers in the nation of Hasalot report a significant increase in money supply during the past few months. This information i
    13·1 answer
  • Group of answer choicesThe horizon value is calculated by discounting the free cash flows beyond the horizon date and any tax sa
    14·1 answer
  • {20 pts}
    14·1 answer
  • MARKETING/BUSINESS helpppp
    14·1 answer
  • HELP PLEASE
    13·1 answer
  • The single global rating approach to measuring job satisfaction is more sophisticated than the summation of job facets approach.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!