Explanation:
The calculation is shown below:
a. The proceeds from the short sale (net of commission) is
= Number of shares short sold x (price of short sale - commission paid per share)
= 100 shares x ($27.70 - 0.25)
= $2,745
b. The dividend payment is
= Number of shares × dividend per share
= 100 shares × $3.30
= $330
c. Value of an account is
= Proceeds from short sale, commission net - dividend paid - cost including commission
where,
Cost including commission is
= Number of shares short sold x (price of buying stock + commission paid per share)
= 100 shares × ($22 + 0.25)
= $2,225
So, the value of an account is
= $2,745 - $330 - $2,225
= $190
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Answer:
Contribute cash to the partnership.
Explanation:
Generally each partner in the partnership has capital balances represented as credit balances.
Capital balances do not have debit balances, if a partner has deficit balance, it means he has less than the balance as required for his share to be maintained.
Further if the partnership is declared insolvent, for any reason, the partner having deficit balance shall first bring in cash to add balance to his account, and remove the deficiency in his account.
Therefore, the correct option is
Contribute cash to the partnership.
Answer:
The answer is a. attribute dependency template
Explanation:
Attribute dependency is finding two variables that are not dependent and making a connection between them.
Answer:
The correct answer is letter "D": triggering event.
Explanation:
A triggering event is one that causes another event to happen, It can be described as the cause that unleashes an effect. Triggering events can be external but they can also be personal actions individuals take in purpose or sometimes they happen by accident.
