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Vanyuwa [196]
2 years ago
5

Old Economy Traders opened an account to short-sell 1,900 shares of Internet Dreams at $58 per share. The initial margin require

ment was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $58 to $60, and the stock has paid a dividend of $3.50 per share. a. What is the remaining margin in the account
Business
1 answer:
a_sh-v [17]2 years ago
7 0

Answer:

45.67%

Explanation:

Calculation to determine the remaining margin in the account

First step is to calculate the 1 year price

1 year price=1900 shares*$58 per share

1 year price = $110,200

Second step is to calculate the Equity

Margin requirement is 50% so equity = 50%*$110,200

Margin requirement is 50% so equity =$55,100

Third step is to calculate the 1 year later price increase of 60

1 year later price increase to 60

$1900 shares*$60 per share =114,000

Fourth step is to calculate the Dividend

Dividend =$3.50 *1900

Dividend=$6,650

Now let calculate the Margin

Margin = $55,100/($114,000+$6,650)

Margin =$55,100/$120,650

Margin= 45.67%

Therefore the remaining margin in the account is 45.67%

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The civil service system was created to put an end to which of the following?
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Answer:

D. The spoils system

Explanation:

In the spoils systems, government jobs were awarded to friends, relatives, and supporters of the winning polity party. After elections, politicians from the winning party would reward their supporters and friends with government jobs as a gift for their loyalty. Government employees would change after every election.

The civil service system came to replace the spoils system. Under the civil service system, civil servants are hired through a competitive selection process. The state and employ the workers, not the ruling administration. In the civil service system, civil servants continue working regardless of which political party wins elections.

4 0
3 years ago
Tyler Smithson owns Joe on the Run, a small chain of three cof- fee shops, all of which are facing a challenge that is common to
prohojiy [21]

Answer:

A) To improve capacity the constraint that must be addressed is the preparation and dispatch constraint which is similar to all three shops.to address this a central preparation / dispatch center that serves all three shops the needed products should be created independently, with the primary purpose of mass preparation/dispatch to the coffee shops  and not attending to customers which hampers the production of the three shops.

B ) To improve efficiency: packaging should be made ready at the drive thru station so that customer who drive in can quickly pick up the package without having to queue up for long. also consider preparing some orders on the menu that attracts the most customers ahead of time this way the queue would be reduced.

C ) At store level to improve performance proper stock taking should be essential to ensure there is enough products on the menu to serve to the customers

Explanation:

A) To improve capacity the constraint that must be addressed is the preparation and dispatch constraint which is similar to all three shops.to address this a central preparation / dispatch center that serves all three shops the needed products should be created independently, with the primary purpose of mass preparation/dispatch to the coffee shops  and not attending to customers which hampers the production of the three shops.

B ) To improve efficiency: packaging should be made ready at the drive thru station so that customer who drive in can quickly pick up the package without having to queue up for long. also consider preparing some orders on the menu that attracts the most customers ahead of time this way the queue would be reduced.

C ) At store level to improve performance proper stock taking should be essential to ensure there is enough products on the menu to serve to the customers

7 0
3 years ago
What tips should he follow? Check all that apply. Cross your arms in front of you. Stand with your hands in your pockets. Don’t
Marta_Voda [28]

Answer:

  • Don't Chew Gum
  • Listen Attentively
  • Sound Enthusiastic and Sincere
  • Use proper language and enunciate clearly

Explanation:

(Avoid Clarifying vague questions might be an answer but not sure. I'm sorry if I am wrong)

8 0
3 years ago
Corporate codes of ethical conduct: Select one: a. effectively deter unethical behavior. b. are sometimes viewed as thinly disgu
skad [1K]

Answer:

B

Explanation:

Corporate code of ethics is defined as a set of laid down rules and regulation that is meant to inform and guides the workers towards professionally conducting themselves in a way that aligns with the mission and core values of the organization .

However , having a code of ethical conduct in place in an organization does not mean compliance , until necessary measures for compliance are put in place. Therefore it is possible to have the code of ethics with minimum or no compliance to it. Based on this , it can sometimes be viewed as thinly disguised attempts to mislead the public into thinking that the company behaves ethically.

5 0
3 years ago
The average annual stock return is 11.3%. If you begin your investment portfolio with $2,000, what will your portfolio be worth
Natasha_Volkova [10]

Answer:

6780$

Explanation:

We first find 11% of 2000 by the following equation

2000 x .11

From this we get the annual interest 226$

226$ x 30 = $6780

6 0
3 years ago
Read 2 more answers
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