A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence, the long market value at maintenance in this case is $120,000.
<h3>What do you mean by long market value?</h3>
Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;
The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.
To calculate the <em> </em>long market value at maintenance, divide the debit balance by .75 ($90,000 / .75 = $120,000)
Hence, the long market value at maintenance is $120,000.
Learn more about long market value at maintenance:
brainly.com/question/15057471
#SPJ1
Answer:
34 % of the people must already planning to vote for Wanda
Explanation:
Let there are 100 people in the town
It is given that Wanda will convince 25 % of people vote for her
Now let there are x people who are planning to vote Wanda
Then 100-x people are not planning to vote Wanda
She have to convince 0.25 ( 100-x) people to get 50% of the vote and to win
So 
x = 34
So 34 % of the people must already planning to vote for Wanda
Answer:
These costs are called overhead cost.
Explanation:
Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or batches of production, including all manufacturing costs other than direct material and direct labor costs, are called overhead cost. These costs can not be associated with specific product so they are allocated to product cost based on estimation.
These cost include accounting fees, advertising, depreciation expense insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities
These costs are futher divided in two categories that is variable overhead cost and fixed overhead cost.
