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Elza [17]
3 years ago
6

"A customer opens a margin account by purchasing 300 shares of XYZ stock at $80 per share and deposits the required margin. If t

he stock declines in value by 25%, the customer's equity in the account will:"
Business
1 answer:
vredina [299]3 years ago
5 0

Answer:

Equity will increased by 50%

Explanation:

Given:

Number of stock = 300

Per share value = $80

Stock value decline = 25%

Find:

Customer's equity will ?

Computation:

Market value = 300 × $80 = $24,000

New market value = $24000 × (100% - 25%) = $18,000

Margin = $24000 × 50% = $12,000

Credit balance = $24,000 (100% / 75%)

Credit balance = $24,000 + $12,000

Credit balance = $36,000

Equity % = [Credit balance - New market value / Credit balance]100

Equity % = [($36,000 - $18,000) / $18,000]100

Equity will increased by 50%

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Exercise 19-08 a-b Oriole Corporation incurred the following costs while manufacturing its product.
telo118 [61]

Answer:

$371,700

Explanation:

The computation of the cost of goods sold is shown below:

Cost of goods manufactured  = Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work in process inventory - ending work in process inventory

where,

Manufacturing overhead cost is

= Depreciation on plant + Factory supplies used + Property tax on plant

= $61,000 + $29,300 + $21,800

= $112,100

The cost of goods manufactured is

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= $349,900

Now the cost of goods sold is

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= $70,900 + $349,900 - $49,100

= $371,700

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3 years ago
What should recreational boaters keep in mind if traveling in waters where there are anglers and hunters?
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Recreational boaters travelling on such water should give a wide berth and keep away from the water areas where the hunters are carrying out their activities; the boaters should be safety conscious and alert. This is necessary in order to avoid accident. 
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2 years ago
Which type of third party plan covers prescriptions for anyone eligible for medicare benefits, including senior citizens?
Citrus2011 [14]
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You market many different types of insurance and ordinarily you spend time each evening calling potential clients. To comply wit
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You have to avoid calling potential clients unless they initiate contact with you and specifically request that you give them a call.

<h3>What is a health care plan?</h3>

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In this scenario, we can reasonably infer that as a marketer, you should avoid calling potential clients to market those medical plans, unless they initiate contact with you and specifically request that you give them a call.

Read more on Medicare here: brainly.com/question/14166257

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