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
PolarNik [594]
2 years ago
8

"A customer has a restricted margin account with $2,500 of SMA. If the customer wishes to buy $7,500 of marginable common stock,

the customer must deposit?"
Business
1 answer:
drek231 [11]2 years ago
8 0

Answer:

$1,250

Explanation:

Given the following :

Amount of marginable stock customer wishes to buy = $7,500

Restricted margin account with $2500 of SMA

Since the account is a restricted margin account, that is (account has fallen below intial requirement). There must be a deposit of 50% in the regulation T account.

Hence, to purchase a marginable stock of $7,500;

50% of $7,500 should be deposited;

50/100 × 7,500 = $3750

Since there is $2500 of SMA in restricted margin account

Hence, the amount needed will be ;

($3,750 - $2,500) = $1,250

You might be interested in
Each of the following items must be considered in preparing a statement of cash flows. Indicate where each item is to be reporte
otez555 [7]

Answer:

Answer 1 - increment in money due will go under working exercises and $4000 will be appeared in negative there since it will decrease the money balance  

Answer 2 - issuance of preferred stock will go under financing exercises and since they are giving offers so income will increment by $115 × 10000 = $1150000  

Answer - 3 For devaluation Because we start setting up the announcement of incomes utilizing the overall gain figure taken from the salary explanation, we have to alter the net gain figure with the goal that it isn't diminished by Depreciation Expense. To do this, we include back the measure of the Depreciation Expense. So we have to add $14000 to net gain of $90000  

For bond premium amortization, its recorded in the working exercises area of the announcement of incomes. Under the roundabout strategy, the amortization of security premium is deducted from net gain since it decreases premium cost and, along these lines, expands net gain without a real money inflow.  

Answer - 4 Acquisition of property will go under contributing activities so in the event that we purchase more place where there is $20000, at that point it will lessen the money by $20000

6 0
2 years ago
Read 2 more answers
The high-low method calculates the total fixed cost as the: Group of answer choices
MaRussiya [10]

Answer:

c. difference between total variable costs and total costs at a particular activity level

Explanation:

The high low method consists of calculating costs on the basis of highest & lowest activity & comparing their corresponding total costs.

Variable cost per unit is found by : change in cost divided by the change in activity level for two points

Variable Cost per unit = <u>Highest activity cost - Lowest activity cost </u>

                                      Highest activity units - lowest activity units

Fixed Cost is thereafter calculated by subtracting Total Variable Costs from Total Cost

Fixed Cost = Highest Activity Total Cost - [ (Variable cost per unit) x (highest activity units)

Fixed Cost = Lowest Activity Cost - [ (Variable cost per unit) x (lowest activity units)]

4 0
2 years ago
G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?
marin [14]

Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

An impairment is recognized as a loss on the income statement and as a reduction in the goodwill account. The amount of the loss is the difference between the current fair market value of the asset and its carrying value or amount.

Explanation:

6 0
2 years ago
The concept that consists of the distinct phases that a family progresses through from formation to retirement, each phase bring
suter [353]

Answer:

The correct answer is: family life cycle.

Explanation:

The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are <em>leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, </em>and <em>families in later life</em>.

5 0
3 years ago
Rarely, the vintage date on a bottle of wine is not the same as the harvest year, but is the calendar year before the harvest ye
Inga [223]
Ice Wines

Ice wines are a type of dessert wine with a characteristic sweet taste. They are made from grapes that have been frozen (i.e. by frost) while still on the vine, and are thus mostly produced in countries in which favorably cold temperatures at certain times of the year can be attained with regularity. These countries include Germany and Canada. 
<span>
Since the grapes are frozen on the vine, only the water freezes, and not the sugars and other dissolved solids. This produces only smaller amounts of wine which is more concentrated and very sweet. However, the sweetness is balanced by its high acidity, making it refreshingly sweet. </span>
3 0
3 years ago
Other questions:
  • Your project to obtain charitable donations is now 30 days into a planned 40-day project. The project is divided into 3 activiti
    7·1 answer
  • A sequence of values of some variable or composite of variables taken at successive, uninterrupted time periods is called a
    6·1 answer
  • Calculate the ROE using the Strategic Profit Model for a company with the following data: Profit margin = 12% Total asset turnov
    9·1 answer
  • All of the following information about a customer must be used in determining annuity suitability EXCEPT
    5·1 answer
  • G.R. Dry Foods Distributors specializes in the wholesale distribution of dry goods, such as rice and dry beans. The firm’s manag
    5·1 answer
  • Your parents' income will be used to determine what your insurance will cost.​
    15·1 answer
  • Congress would like to increase tax revenues by 17 percent. assume that the average taxpayer in the united states earns $52,000
    5·1 answer
  • During its first month of operations, Labrador Corporation provided $10,000 of services to it customers. Its costs included rent
    9·1 answer
  • After Sandra finishes making her list, she does a bit of research to learn about the different technologies available. She
    11·1 answer
  • If a bond is purchased at a premium, the yield to maturity is A) the same as the current yield. B) lower than the nominal yield.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!