Answer:
$1,000
Explanation:
The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50
If the market value rises to $22,000, the account will show
Long market value - Debit = Equity % SMA
$22,000 - $10,000 = $12,000
Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA
Net pay is calculated by subtracting deductions from Net Pay.
In this case:
Gross Pay is 40 hours X $9/hr (regular pay) PLUS 3 hours X (13.50 -- 1.5 times the normal pay) for overtime
Once you have Gross Pay, you multiply that by the percentages given for the deductions and subtract that total from Gross Pay.
One note, in this case, federal taxes are not withheld from the amount given to 401(k). So to figure the taxes you would:
(Gross Pay - 401(K) contribution) X 10%
Gross Pay - deductions = net pay
I believe it must be by the hands of a weapon such as a gun.
One reason that underpricing of new issues occurs more frequently than overpricing is that underwriters want to reduce the risk of a firm commitment. Therefore, Option A is correct.
<h3>What is
underwriting?</h3>
Some major financial institutions, including banks, insurance companies, and investment firms, offer underwriting services in which they guarantee payment in the event of damage or financial loss and accept the financial risk for liability resulting from such guarantee.
Therefore, One reason that underpricing of new issues occurs more frequently than overpricing is that underwriters want to reduce the risk of a firm commitment. Option A is correct.
Learn more about underwriting:
brainly.com/question/28200340
#SPJ4
"Your question is incomplete, probably the complete question/missing part is:"
A. underwriters want to reduce the risk of a firm commitment.
B. the demand for a new issue is typically too high.
C. underwriters earn low rates of return.
D. issuing firms demand that equity be underpriced.
Answer:
$18,000,000
Explanation:
The computation of the balance in the common stock after the issuance is shown below
Before the stock split:
Common stock account balance = Shares issued × Par value per share
= 1,800,000 × $10
= $18,000,000
After the stock split:
Common stock account balance = $18,000,000
As Stock Split up does not change the balance of any account so it would remain unchanged