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3 years ago

A customer opens a new margin account with the following position:

Business

1 answer:

galben [10]3 years ago

7 0

Answer:

$1,000

Explanation:

The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50

If the market value rises to $22,000, the account will show

Long market value - Debit = Equity % SMA

$22,000 - $10,000 = $12,000

Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA

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What are the two most important chemical reactions on earth?

viva [34]

Photosynthesis and respiration

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2 years ago

The simplest and most effective way to lay out your business structure is to include

BigorU [14]

The answer is to lay out or include your business plan, it is because including your business plan is a means of showing your step by step or a way of showing a process towards the goals and the structure you want for your business in means of carrying out and attaining the things you want in your business.

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3 years ago

What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?

fiasKO [112]

Answer:

$101,385

Explanation:

The question is incomplete. The complete question can be found here- https://www.chegg.com/homework-help/questions-and-answers/present-value-10-equal-payments-16-500-made-end-year-next-10-years-annual-interest-rate-10-q41891258

Here is the complete question - What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years? The annual interest rate is 10%. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.

The present value of cash flow can be found by discounting the present value of the cash flow by 10%

This can be found using a financial calculator:

Cash flow for year 1 - 10 = $16,500

I =10%

Present value = $101,385

I hope my answer helps you

6 0

2 years ago

When bonds are issued at their face amount, the journal entry will include a __________ to __________.

Eva8 [605]

D. Credit; bonds payable

3 0

2 years ago

Carol Byrd gets a student rate of $30.00 a month. There is a $250 deductible; but no coinsurance payment. She recently received

Elden [556K]

Answer: Company Pays $1640

Carol Bryd pays $410

Explanation:

The total bill is $2300 and the deductible needs to be taken out.

$2300-$250

=$2050

Company Payment.

Company Pays 80% which translates to 0.8

0.8*2050

= $1640 is the company Payment.

Carol then pays the difference which is

$2050 - $1640

= $410

Carol pays $410

6 0

2 years ago