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
ira [324]
3 years ago
9

Suppose that XTel currently is selling at $60 per share. You buy 1,000 shares using $48,000 of your own money, borrowing the rem

ainder of the purchase price from your broker. The rate on the margin loan is 8%.
Required:
What is the percentage increase in the net worth of your brokerage account if the price of XTel immediatelychanges to (a) S66: (b) $60; (c) S54?
Business
1 answer:
Dmitriy789 [7]3 years ago
5 0

Answer:

a. 12.50%

b. 5%

c. -12.50%

Explanation:

Purchase value of share = 1000 shares x $60 = $60000

Own money used for pruchase = $48000

Loaned money = 60000 - 48000 = $12000

a. Percentage increase in net worth = (66x1000 - 12000 - 48000) / 48000 = 12.50%

b. Percentage increase in net worth = (60x1000 - 12000 - 48000) / 48000 = 0%

a. Percentage increase in net worth = (54x1000 - 12000 - 48000)/48000 = -12.50%

You might be interested in
Compile a job advertisement for a receptionist vacancy
xz_007 [3.2K]

Answer:

<h2>                     RECEPTIONIST NEEDED - FRONT DESK</h2>

 <em>JustJay Limited is looking to hire a young and vibrant young person to join</em>

<em>                       our team as a receptionist for the front desk. </em>

<h2>Responsibilities</h2>
  1. Welcoming clients and prospective clients.
  2. Handling both outgoing ang incoming calls to route them as required.
  3. Handing mail logistics.
  4. Carrying out other Administrative duties as required.

<h2>Qualifications</h2>
  • Age between 21 and 28
  • Computer literate
  • Must possess great Interpersonal skills
  • Must be a team player
  • GED holders are welcome to apply.
  • Experience in similar role would be an added advantage.

                         WE OFFER ATTRACTIVE PACKGAGES.

<em>Send us your CV at </em><em>hrjustjayltd . com</em><em> or contact us on </em><em>1</em><em> </em><em>- 585 - 244 - 8522</em><em>. </em>

3 0
4 years ago
Problem 4.1: Emaline Returns If the share price of Emaline, a New Orleans-based shipping firm, rises from $12 to $15 over a one-
Rama09 [41]

Answer:

Yearly rate of return=25%

Monthly rate of return=0.0187%

Explanation:

Given present amount=$12

Given Future amount=$15

Using equation

F=P(1+i)^{n}

Where F is the future amount,P is the present amount and is the interest rate.

As n=12 since there are 12 months in the year and if calculate yearly n=1

15=12(1+i)^12

i=0.0187% monthly

8 0
3 years ago
Any one duty of Human Resource Manager
Semenov [28]

Recruitment: Search for new qualified people

explanation: it means like to get new people to join company if there are vacancies

7 0
4 years ago
Read 2 more answers
Which sphere is made of rock layers from the surface to the core?
mel-nik [20]

<span>Crust  
</span>


<span>This is the outer layer of the Earth about 10 miles or so thick. Mostly made up of rock and loose material.  The crust found underneath continents is 3 times thicker than the crust underneath the oceans.
</span>



<span>Mantle 
</span>


<span>The next layer beneath the crust is called the mantle.  It extends to a depth of approximately 1,800 miles and is made of a thick solid rocky substance that represents about 85% of the total weight and mass of the Earth.
</span>


<span>The first 50 miles of the mantle are believed to consist of very hard rigid rock. The next 150 miles or so is believed to be super-heated solid rock. Below that for the next several hundred miles, the Earth mantle is once again made up of very solid and sturdy rock materials.
</span>



<span>Outer Core 
</span>


<span>Traveling deeper within the Earth, we next would encounter the Earth’s outer core, which extends to a depth of around 3000 miles beneath the surface. It is believed that this outer core is made up of super-heated liquid molten lava. This lava is believed to be mostly iron, and nickel.
</span>



<span>Inner Core 
</span>


<span>Finally, we would reach the Earth’s inner core. The inner core extends another 900 miles inward towards the center of the Earth. It is believed that this inner core is a solid ball of mostly iron, and nickel.
</span>


<span>The mantle is made of much denser, thicker material, because of this the plates "float" on it like oil floats on water.  Many geologists believe that the mantle "flows" because of convection currents. </span>



Convection Currents

These currents are caused by the very hot material rising, cooling, and sinking over and over again.  The next time you heat anything like soup or pudding in a pan you can watch the convection currents move in the liquid. When the convection currents flow in the mantle they also move the crust. The crust gets a free ride with these currents. A conveyor belt in a factory moves boxes like the convection currents in the mantle moves the plates of the Earth.


<span>Magma
</span>

<span>The first question this raises is: what exactly is this "material from the inside"? On our planet, it's </span>magma, fluid molten rock. This material is partially liquid, partially solid and partially gaseous.


<span>Radiation 
</span>

<span>Ultraviolet  radiation that eats away at the ozone layer
</span>


<span>Hydrosphere
</span>

<span>Welcome to something we like to call the </span>hydrosphere! This is where we talk about the way water moves through the world. W\ater affects everything that happens in life. In Latin, "hydro" means water. Therefore, anything that scientists describe, when it comes to water, is a part of the hydrosphere.  That water may be at the bottom of the ocean or in the top layers of the atmosphere; it is all a part of the hydrosphere.



<span>Lithosphere 
</span>

<span>The crust is composed of two basic rock types granite and basalt. The continental crust is composed mostly of granite. The oceanic crust consists of a volcanic lava rock called basalt. Basaltic rocks of the ocean plates are much denser and heavier than the granitic rock of the continental plates. Because of this the continents ride on the denser oceanic plates. The crust and the upper layer of the mantle together make up a zone of rigid, brittle rock called the Lithosphere. </span>


<span>Asthenosphere 
</span>

<span>The layer below the rigid lithosphere is a zone of asphalt-like consistency called the Asthenosphere. The asthenosphere is the part of the mantle that flows and moves the plates of the Earth.

Hope this helps. :)</span>

3 0
4 years ago
The mechanism used to guide a company toward meeting its strategic goals within the bounds of the law is known as ______.
alekssr [168]

The mechanism used to guide a company toward meeting its strategic goals within the bounds of the law is known as corporate governance.

The mechanism strategy allows for the production of inexperienced products while increasing revenue and competitive advantage. the goals of the principals and retailers aren't aligned with each other in line with the classical definition by way of Victor and Cullen's moral weather.

One manner to improve the ethical climate of your company is to present personnel with extra strength over their work. If personnel have an ethical code and extra management over their painting outcomes, they may be probably to justify your agreement within them to make the proper decision.

Learn more about The mechanism here:-brainly.com/question/1320373

#SPJ4

7 0
2 years ago
Other questions:
  • A mutual fund manager of a country fund wishes to hedge the portfolio against a market decline. The best strategy is to buy:
    8·1 answer
  • In a CVP income statement, cost of goods sold is generally:
    13·1 answer
  • Does everyone have the same job needs? Why or why not?
    10·1 answer
  • Suppose that Cheryl's only assets are an automobile worth $10,000 and a checking account with a $5,000 balance. Her only liabili
    12·1 answer
  • Time preference is: a. the purchase of new capital goods. b. a sophisticated IOU that documents who owes how much and when payme
    5·2 answers
  • Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the materia
    14·1 answer
  • You speculate in crude oil futures. Last month, you purchased ten January futures contracts at a quoted price of 99.91. These co
    15·2 answers
  • Which of the following is NOT considered a step in activity-based costing?
    8·1 answer
  • An investor bought 10 XYZ May 50 puts a few weeks ago. The options expire May 21st. It is April 10th, and she wants to exercise
    6·1 answer
  • Conduct Internet research and find whether your state levies inheritance tax. and how is it different from the federal inheritan
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!