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
Aleksandr [31]
3 years ago
7

You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25 per share. You post the 50% margin required on

the short sale. If your broker requires a 30% maintenance margin, at what stock price will you get a margin call?
Business
1 answer:
ioda3 years ago
3 0

Answer:

$ 28.85

Explanation:

Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500

Maintenance margin = (total amount - ( number of shares × price)) / number of share × price

0.3 = (7500 - 200 p) / 200 p

0.3 × 200 p = 7500 - 200 p

60 p + 200 p = 7500

260 p = 7500

p = $ 28.85

You might be interested in
Ted purchased an annuity today that will pay $1,000 a month for five years. He received his first monthly payment today. Allison
victus00 [196]

Answer:

The correct option is E,Ted's annuity has a higher present value than Allison's

Explanation:

Both annuities do not have equal amount today as $1000 received today is higher in value terms than $1000 receivable in a month's time since cash receivable earlier is much more valued than the one receivable later.

Ted's annuity is an  annuity due not an ordinary annuity

Allison's annuity is an ordinary annuity not annuity due

Allison's annuity has a lower present value than Ted's and not the other way round.

The only correct statement is option E,since Ted is expected to receive $1000 today, his annuity has a higher present value compared to Allison's

7 0
3 years ago
Human rights violations​
Ganezh [65]

Answer:

Examples include torture, starvation, deprivation of religion, abortion, etc.

Explanation:

I don't know if that's what you need. I can give more examples.

6 0
3 years ago
Tamarisk, Inc. has 12000 shares of 5%, $100 par value, non-cumulative preferred stock and 48000 shares of $1 par value common st
hjlf

Answer:

$84,000

Explanation:

preference share dividend is at 5% on $100 par value. The  number of preference shares is 12,000 shares ( non cumulative)

The year 2017 preference share dividend pay out is 5% of 100 multiplied by 12,000 = $60,000

Deduct $ 60,000 from $144,000 dividend declared in 2017 , the balance is common stockholders dividend.

144,000 minus 60,000 = $84,000

Non cumulative preference shares dividend are paid first for the year the company declares dividend. The dividend is not cumulative ( prior years dividend for which company did not declare dividend are forfeited).

The common stockholders are paid dividend after preference shares dividend are paid. The common stockholders bears the full risk of the business as seen above. In event of liquidation, they are the last to be settled from realised asset of the bankrupt company.

7 0
3 years ago
Trey owns 250 shares of common stock in a toy–store company. this means that he owns a percentage of the company based on the pr
madreJ [45]
Vote is the correct answer
4 0
3 years ago
Mary works for a small computer software company. Her boss is constantly improving the company's products but neglects customers
Artemon [7]

Answer:

A) production-oriented

Explanation:

Since in the question it is mentioned that Marry who works for a small computer software based company. Her boss is improving the products of the company in a constant way but at the same time he avoided the customers, billing and the company promotion

So here the boss is stuck in the production oriented as he full focused on improving the products so that he could produce the high quality products by applying the innovation

Therefore the correct option is A.

8 0
3 years ago
Other questions:
  • Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteris
    5·1 answer
  • The WorldLight Company produces two light fixtures (products 1 and 2) that require both metal frame parts and electrical compone
    15·1 answer
  • Kevin purchased a lawn mower. The blades were so dull that the mower could not cut the grass in his backyard. Due to the existen
    9·1 answer
  • Suppose the rate of return on a 10-year T-bond is 4.05%, the expected average rate of inflation over the next 10 years is 2.0%,
    14·1 answer
  • Braden works alone at a very popular dog salon called "Pup-Style" which always has customers waiting for service. Each customer
    8·1 answer
  • Imperfect markets: do not exist in democracies. always result in supply exceeding demand. always result in demand exceeding supp
    15·1 answer
  • In its first month of operations, Giffin Company made three purchases of merchandise in the following sequence: (1) 300 units at
    13·1 answer
  • Berkshire Inc. had revenues of $379,000 in its first year of operations. The company has not collected on $45,900 of its sales a
    10·1 answer
  • You plan on making a $235.15 monthly deposit into an account that pays 3.2% interest, compounded monthly, for 20 years. At the e
    8·1 answer
  • Money is: multiple choice any good that buyers and sellers have a desire to purchase, use, or hold. anything that both buyers an
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!