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
lawyer [7]
4 years ago
14

Stephen is purchasing 700 shares of KPT, Inc., stock at a price per share of $20.80. What is the minimum amount the Federal Rese

rve will require Stephen to pay in cash for this purchase?
Business
1 answer:
zhuklara [117]4 years ago
3 0

Answer:

Federal Reserve will require Stephen to pay $7,280 in cash for this purchase

Explanation:

There is a legal requirement from the federal that for an investor to deposit 50% cash of the purchase of shares / securities value in the margin account. It is called the margin requirement.

Purchase Value = Number of shares x Price per share

Purchase Value = 700 shares x 20.8

Purchase Value = $14,560

Inityial Margin Requirement = $14,560 x 50% = $7,280

You might be interested in
The following data were provided by Rider, Inc, which produces a single product:
Elis [28]

Answer:

The correct option is B, higher than the net operating income under variable costing

Explanation:

In calculating the net operating profit under variable costing, the fixed manufacturing cost of $15,000 is deducted as a whole in arriving at net profit.

However, under absorption costing method, only the goods sold are charged with their own portion of fixed manufacturing cost totaling $15,000

Fixed under    variable costing method=$15,000

fixed cost under absorption costing method=$15,000/5,000*4500=$13500

Since fixed cost is lower under absorption costing method, net profit tends to be higher.

7 0
3 years ago
Blank addresses change depending on the cells you
Scorpion4ik [409]

Answer:

absolute addresses change depending on the cells you copy them to.

relative addresses do not change if you copy them to a different cell.

Explanation:

A cell reference is a single cell or range of cells on a Excel worksheet. When calculations are done, these cells can be referred to. The cells are referred to using their row value and column value.

Relative references (or addresses) changes based on the position of rows and columns when a formula is copied to a different cell.

Absolute references (or addresses) do not change (remain constant) even if the formula is copied to a different cell.

5 0
3 years ago
According to the trust-based relationship selling process framework, "enhancing customer commitment" is a part of which componen
Diano4ka-milaya [45]

Answer:

The correct answer is B

Explanation:

Framework of trust based relationship procedure is the one which is defined as an attitude which values the relationship over the transactions. It focus on what is right for the customer and builds the trust during the process of sales.

In this framework, sales person need to genuinely care about their clients or customer. So, in order to enhance the commitment of the customer, developing the customer relationships is the component needed or required of the framework.

3 0
3 years ago
Which of the following is considered a taxpayer’s capital asset? A. Taxpayer’s house B. Real estate used in the trade or bus
IrinaVladis [17]

Answer:

well its 5 more points

Explanation:

Which of the following is considered a taxpayer€™s capital asset? A. Taxpayer€™s house B. Real estate used in the trade or business C. Depreciable property used in the trade or business D. Supplies regularly used in the trade or business

5 0
3 years ago
All proposals should be formal documents.<br><br> True<br><br> False
Tanya [424]

Answer:

false..................

3 0
2 years ago
Read 2 more answers
Other questions:
  • Market researchers often report discretionary income. discretionary income is your disposable income minus your fixed expenses.
    6·1 answer
  • Who represents the title company and facilitates the final transaction
    13·1 answer
  • Which of the following statements is (are) true regarding renters insurance? I. Renters insurance is needed if you rent a house,
    14·1 answer
  • ___ is the ability of each organization's information system to work with the other, sharing both data and services.
    9·1 answer
  • A firm has a debt-equity ratio of .57. what is the total debt ratio? .36
    8·1 answer
  • Nate borrowed $38,672 from bank and his friends to expand his casino business. Nate set up an aim to pay $2,450 at the end of ea
    14·1 answer
  • Suppose you started a new all-equity financed company that is expected to generate an ROE of 15% indefinitely. The current book
    12·1 answer
  • What is financial objectives​
    7·1 answer
  • The international agency that administers trade agreements, facilitates trade negotiations, and helps to resolve trade disputes,
    7·1 answer
  • During a kidney transplant procedure, the renal artery and vein of the donor kidney are connected to the recipient's?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!