Answer:
$1,000
Explanation:
The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50
If the market value rises to $22,000, the account will show
Long market value - Debit = Equity % SMA
$22,000 - $10,000 = $12,000
Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA
This is not a good investment and Charles should hold his plan of selling his bicycle Beijing and in China. For example, if Charles sold his bicycle horn for $3.00, this would need a 6.42*3 which is equal to 19.26 Chinese yuan.
Answer:
The answer is given below;
Explanation:
As per Section 179 of IRS ,the maximum cost recovery shall be $25,000 for the vehicle if the vehicle is used more than 50% for business and its weight is between 6,000 pounds GVWR and 14,000 pounds GVWR.
We assume that weight of vehicle is between 6,000-14,000 pounds and the vehicle is 60% used in business. Further the vehicle is in service before 31 December 2019.Therefore the cost recovery deduction shall be $25,000 in 2019
Answer:69
Explanation:
69 69 69 69 69 on ga ng blo od