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3 years ago

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You've borrowed $20,500 on margin to buy shares in disney, which is now selling at $41 per share. your account starts at the ini

tial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price falls to $37.50 per share.

1 answer:

il63 [147K]3 years ago

5 0

2,207.1 + 37.50 = 2,244.6

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Answer:

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Since Seojun is not a Material participant,the $50,000 loss can not be considered in calculating Seojun's Adjusted Gross income.

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If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities curve between x and y would be bowed outward.

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1 year ago

When a certain competitive firm produces and sells 100 units of output, marginal revenue is $80. When the same firm produces and

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d. This cannot be determined from the given information

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Computation of Provision for income tax expense

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Less: Tax exempt interest -$2,375

Less: Book tax difference in depreciation -$16,800

of building and Furniture & fixtures

Add: Accured litigation expenses <u>$16,000</u>

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Provision for income tax Expense

Current Tax (21% of $2,405) $505

Deferred tax liability $3,528

Deferred tax asset -<u>$3,360</u>

Total Provision for income tax expense <u>$673</u>

<u />

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