Answer:Weight of Stock C=0.6974----- E
Explanation:
The Value of a stock is given as No. of Shares x Share Price
Therefore
Value of C = No. of Shares OF C x Share Price of Stock C= 265 x $50= $13,250
Value of D = No. of Shares of D x Share Price of Stock D= 230 x $25 = $5,750
Total value of Portfolio= Value of C + Value of D = $13,250 +$5,750 =$19,000
Also,
Weight of stock = value of stock/Total value
Therefore
Weight of Stock C = Value of C / Total Portfolio Value =
$13,250
/ $19,000=0.69736 = 0.6974
Answer:
The price at which a margin call would be received is $28.929.
Explanation:
The stated question does not contain complete information. The remaining information is as follows.
<em>Assume that you purchase 150 shares of RossCorp stock at $45 each by making a margin deposit of 55 percent. At what price would you receive a margin call?</em>
The price is calculated using the formula for maintenance margin as follows.
Maintenance margin = Equity in account / Value of stock
Equity in account = (Shares purchased x Call price) - (Shares purchased x Remaining ratio x Sale price)
Equity in account = (150 x P) - (150 x 0.45 x 45)
= 150P - 3037.5
Value of stock = Shares purchased x Call price
= 150P
Inserting these values into the formula for maintenance margin:
0.3 = (150P - 3037.5) / 150P
45P = 150P - 3037.5
105P = 3037.5
P = 28.929
Hence, the price at which a margin call would be received is $28.929.
In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.
<span>
In this scenario, the mean as a measure of central tendency will be least
effective as an accurate representation of financial performance.
</span><span>The mean is a measure of central tendency that is the average for a sample.
</span><span>In this specific case the mean is not effective measure because there is a huge difference in the financial performance in the last month compared to the previous months.So the mean would not give the real picture.</span>
Answer:
1. $13,500
2. $13,500
3. $336,500
Explanation:
1. Bad debt expense:
= Sales × Percent of sales uncollectible
= $900,000 × 1.5%
= $13,500
Therefore, the bad debt expense for the year 2019 is $13,500.
2. Allowance for Doubtful accounts = $13,500
3. For the end of 2019, what is the company's net realizable value:
= Accounts receivable - Allowance for Doubtful accounts
= $350,000 - $13,500
= $336,500
