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joja [24]
3 years ago
15

A customer's account appears as follows:

Business
1 answer:
mafiozo [28]3 years ago
6 0

Answer:

(C) $55,000

Explanation:

Market Value : $125,000

$125000/2= $62,500

$62,500- $35,000 debit= $27,500 excess equity

Hence:

$27,500 excess equity x 2= $55,000 Buying Power

Therefore the buying power in the account is $55,000

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