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Dovator [93]
3 years ago
10

A customer has an existing margin account that shows the following:

Business
1 answer:
adell [148]3 years ago
5 0

Answer:

The answer is option C

Explanation:

Long Market Value - Debit = Equity %

$100,000 $60,000 $40,000 40%

If the market value declines to $60,000, the account will now show:

Long Market Value - Debit = Equity %

$60,000  - $60,000 = $0 ( 0% )

Minimum margin is 25% of market value, i.e  25% of $60,000 = $15,000.

Therefore the customer will receive a maintenance call for $15,000.

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7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be
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The financial statements for Watertown Service Company include the following​ items:20172016Cash​ $46,500​ $41,000Shortminus−ter
Ivahew [28]

Answer:

The working capital for 2017 is $15,500

Explanation:

Working capital: It shows a difference between the currents and the current liabilities

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Working Capital = Current Assets - current liabilities

where,

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= $46,500 + $24,000 + $57,000 + $158,000

= $285,500

And, the current liabilities = Accounts Payable​ + Salaries Payable

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                                           = $150,500

Now put these values to the above formula  

So, the value would equal to

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7 0
3 years ago
A car was purchased for $4500 down and payments of $375 at the end of each month for 5 years. Interest is 9.72% compounded month
agasfer [191]

Answer:

$21,080.2

Explanation:

The price of the car will be the down-payment plus the future value of 375 paid each month for 5 years compounded monthly at 9.72%.

The formula for calculating future value is

PV = P ×  1 − (1+r)−n

  r

PV is $350

r is 9.72 % or 0.0972 % per year or 0.0081

t is five year or 60 months

FV = 350 x (1-(1+0.0081)-60

  0.0081

Fv =350 x 1-0.61628715419

  0.0081

FV =350 x( 0.38371284581/0.00810

FV =350 x 47.371956

FV =16,580.20

The value of the car = $4500 + 16,580.20

=$21,080.2

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3 years ago
As a general rule concerning job offers, it can be said that __________. select one:
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