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]
3 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]3 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
Joyce works hard and puts in many extra hours. For this, she can anticipate a pay raise, a promotion, or an expanded sales terri
Alex17521 [72]

Answer:

Expectancy theory

Explanation:

Expectancy theory states that when an individual is faced with different choices they will be motivated in a certain way in choosing a particular option based on what they expect to be the result of the choice.

So behaviour is affected by perceived result or consequence of a particular choice.

In the given scenario Joyce works hard and puts in many extra hours, and getting a promotion is most important to Joyce.

So because of her expectations that manager must recognise that:

(1) she is putting in hard work and long hours to obtain a promotion,

(2) what motivates Joyce will change over time (if she does not get the promotion), and

(3) he must clearly show Joyce how to attain the desirable reward.

7 0
3 years ago
What distinguishes the money market from the capital market?.
AleksAgata [21]

Answer:

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.

Explanation:

5 0
2 years ago
Which statement explains a proportional tax system?
-Dominant- [34]

Answer:

The tax rate is the same for all income levels.

Explanation:

A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.

Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.

7 0
4 years ago
The McColls have made an offer on a new home. The home is new construction and scheduled to be completed by the end of the year.
padilas [110]

Answer: Yes, Suzette deposited the earnest money in the broker's trust fund account as directed. She also deposited the check within three business days of receipt. Unless there were written instructions to hold the check until acceptance of the offer, the check may be cashed

7 0
3 years ago
The management of supply chain inventories focuses on: No Answer Selected
Dennis_Churaev [7]

Answer: both internal and external inventories

     

Explanation: In simple words, supply chain inventories refers to the  raw material, finished goods and work in process inventories like factors that together constitutes a supply chain.

Management of supply chain refers tot he process in which the organisation tries to control and maintain the flow of inventories from on stage to the other with the ultimate objective of keeping the supply of finished goods smooth throughout the period.

It starts from procuring the suitable raw materials in right quantity and right time after that it monitors the manufacturing unit so that production is done in appropriate time period and finally makes sure that finished goods will be supplied to the market as per the time period specified by the wholesalers or retailers.

7 0
3 years ago
Other questions:
  • In february, when paula, the manager of a landscaping company, is modifying worker schedules to handle the expected increase in
    9·1 answer
  • On December 18, Intel receives $246,000 from a customer toward a cash sale of $2.46 million for computer chips to be completed o
    13·1 answer
  • Scenario: Home Monopolist) A monopolist faces a demand curve given by P = 60 2Q and has total costs given by TC = Q2. Its margin
    13·1 answer
  • Suitable options to solve the financial problem of a restaurant owner
    6·1 answer
  • Your credit card company quotes you an interest rate of 21.9 percent based on annual compounding. Interest is billed monthly. Wh
    12·1 answer
  • Based on the following information, what is the balance on the financial account? Exports of goods and services = $5 billion Imp
    6·1 answer
  • Which of the following statements is most accurate? Select one: a. In process costing, estimating the degree of completion of un
    6·1 answer
  • Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over se
    11·1 answer
  • Ellen purchased a dishwasher, which cost $315 before the 9.22% sales tax. she used the machine an average of 10 times per week f
    7·1 answer
  • One problem with government operation of monopolies is that?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!