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
Kaylis [27]
3 years ago
5

Rosita purchased 300 shares of a stock for $37 a share. Today, the stock is selling for $41 a share. The initial margin requirem

ent is 70 percent and the maintenance margin is 30 percent. Rosita had to pay _____ in cash to purchase the stock and must have at least _____ in equity today.
Business
1 answer:
adoni [48]3 years ago
6 0

Answer: $7,770; $3,690

Explanation:

<em>Rosita purchased 300 shares of a stock for $37 a share. Today, the stock is selling for $41 a share. The initial margin requirement is 70 percent and the maintenance margin is 30 percent. Rosita had to pay </em><em><u>$7,770</u></em><em> in cash to purchase the stock and must have at least </em><em><u>$3,690</u></em><em> in equity today.</em>

Amount Rosie had to pay in cash:

= Number of shares * Value of shares * Initial margin requirement

= 300 * 37 * 70%

= $7,770

Least amount to have in equity:

=  Number of shares * current value of shares * maintenance margin

= 300 * 41 * 30%

= $‭3,690‬

You might be interested in
If the ____ cost for producing a particular good is lower for one producer than the other the former producer has ____ for produ
Art [367]
 If the opportunity cost for producing a particular good is lower for one producer than the other the former producer has comparative advantage for producing the good.
6 0
3 years ago
_______________ ensures that all relevant financial information is reported. (select an option)
Wewaii [24]

Answer:

B. Full disclosure principle

Explanation:

Full disclosure principle ensures that all relevant financial information is reported

7 0
3 years ago
Making sure the company has enough production capability to meet demand is an example of what?
Mumz [18]

Answer:

Capacity Planning

Explanation:

Capacity planning is the process that measures the capacity of the production required by an organization in order to meet the demand i.e. changes for their products

So as per the given situation the company that has sufficient capability to meet the demand represent the capacity planning

hence, the capacity planning is the answer

8 0
3 years ago
Balance of payments accounts are the accounts in which a nation records its​ _____.
Kryger [21]

Answer:

Explanation:

The balance of payments accounts also known as balance of international payments, are the accounts in which a nation records, summarizes all transactions that a country's individuals, companies and government bodies complete with individuals, companies and government bodies outside the country. These transactions consist of imports and exports of goods, services and capital, as well as transfer payments, such as foreign aid and remittances.

A country's balance of payments and its net international investment position together constitute its international accounts.

The balance of payments divides transactions in two accounts: the current account and the capital account. Sometimes the capital account is called the financial account, with a separate, usually very small, capital account listed separately. The current account includes transactions in goods, services, investment income and current transfers. The capital account, broadly defined, includes transactions in financial instruments and central bank reserves. Narrowly defined, it includes only transactions in financial instruments. The current account is included in calculations of national output, while the capital account is not.

3 0
3 years ago
Two reasons why people are hesitant to report corruption
Mazyrski [523]
<span>Corruption is stealing of funds that are not supposedly owned by the stealer. In most cases, it mostly happening in institutions and organizations. People are hesitant to report corruption because (1) they would be ‘silenced’ (killed) by the person they are trying to expose or (2) they are part of the dirty job.</span>
7 0
3 years ago
Other questions:
  • The Federal Application for Student Aid (FAFSA) form:
    12·1 answer
  • Exchange rates are 120 yen per dollar, 0.8 euro per dollar, and 10 pesos per dollar. A bottle of beer in New York costs 6 dollar
    10·1 answer
  • Why are high-tax-bracket investors more inclined to invest in municipal bonds than are low-bracket investors?
    6·1 answer
  • Which is true regarding elasticity of supply ?
    7·1 answer
  • For the next fiscal​ year, you forecast net income of and ending assets of . Your​ firm's payout ratio is Your beginning​ stockh
    6·1 answer
  • Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000. The firm has 55,000 shares of stock out
    10·1 answer
  • List at least two features you would look for in a bank.
    6·1 answer
  • "________ refers to the use of key performance indicators to monitor performance of the entire supply chain, including sourcing,
    8·1 answer
  • Diamond Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $59 per unit. The
    7·1 answer
  • Discuss the benefits, and limitation of Budgeting.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!