"A customer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000. ABC is a NASDAQ stock. The minimum maintenance margin requirement is:"

Answers

Answer 1

Answer: 2500

Explanation:

From the question, we are informed that acustomer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000 and that ABC is a NASDAQ stock.

Then, to get the minimum maintenance margin requirement, we should know that FINRA has a 5% minimum maintenance margin on the long side. This will then be:

= 5% of 50,000

= 5% × 50,000

= 2500 minimum


Related Questions

Tombstones are produced in a competitive price-searcher market. One producer, Rolling Stones, sells 20 tombstones a week at a price of $500 each. Its average total cost is $600. From this information, we can conclude:_______

a. new tombstone firms will want to enter.
b. this producer is losing $2,000 a week.
c. this producer is making an economic profit of $400.
d. this producer is setting MR = MC.
e. this producer should increase production.

Answers

Answer:

b. this producer is losing $2,000 a week.

Explanation:

The computation is shown below:

As we know that

Profit = (Price - Average total cost) × Quantity

= ($500 - $600) × 20

= -$2,000

This negative amount represents that there is a loss of -$2,000

Hence, option B is correct as the producer losing $2,000 in a week

Therefore all the other options are wrong

An agent sells his client 10 U.S. government bonds due to mature in 30 years. According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents. What statements may the agent legally make?

Answers

Answer:

The bonds are guaranteed as to principal and interest payments by the US government.

Explanation:

According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents, a broker can say US government bonds are guaranteed on principal and interest payments.

However if inflation sets in and interest rates rises there is no guarantee from the government that interest paid on the bonds will match the higher interest rate.

So legally this statement is correct, even though the investor can lose money as a result of higher interest rate in the future.

Which one of these statements is true? A) Shareholders of the target firm must vote to approve an acquisition by stock. B) The merger of two direct competitors is usually considered to be a conglomerate merger because the consolidated firm will have more market share. C) A merger is the only way for two or more firms to cooperate in pursuit of a joint goal. D) Acquisitions are sometimes involuntary or even hostile. E) In an acquisition of assets, the bidding firm deals directly with the target firm's shareholders.

Answers

Answer:

The answer is D. Acquisitions are sometimes involuntary or even hostile

Explanation:

Out of all the options, the correct one is D. Acquisitions are sometimes involuntary or even hostile.

Hostile acquisition is the type of acquisition when the board of directors of the target company is against takeover of the company while involuntary or voluntary acquisition is the type of acquisition that the board of directors of the target company duly approves the takeover.

Six firms are currently producing and selling in a market. When two of the six firms exit the market, economists expect that the equilibrium price will ________ and the equilibrium quantity will ________.

Answers

Answer:

Increase and Decrease are the right answers.

Explanation:

The equilibrium price(p) will “Increase or rise” and the equilibrium quantity(Q) will “decrease or fall” because currently there are six firms in the market and these firms producing and selling in the market. If the two firms exit the market then only 4 firms will remain in the market. Therefore the supply will decrease and the supply (S) curve will shift towards leftwards. This shift in the supply curve increases the equilibrium price and decreases the equilibrium quantity.

This capital lease is recorded as an asset on the balance sheet of the lessee in an amount equal to the: A) dollar amount of each lease payment multiplied by the total number of lease payments in the original agreement. B) dollar amount of each lease payment multiplied by the number of lease payments remaining. C) dollar amount of each lease payment multiplied by the number of lease payments per year. D) present value of the remaining lease payments. E) lesser of the present value of the remaining lease payments or the present value of the lease payments for a one-year period..

Answers

Answer: e. lesser of the present value of the remaining lease payments or the present value of the lease payments for a one-year period..

Explanation:

The capital lease is recorded as an asset on the balance sheet of the lessee in an amount equal to the lesser of the present value of the remaining lease payments or the present value of the lease payments for a one-year period.

What makes the managerial task of executing strategy so challenging and demanding is A. the trial-and-error experimentation that is required to come up with a workable organizational structure that can adapt to the mature stages of the industry life cycle. B. the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along. C. the time and effort it takes to build core competencies and a robust code of ethics. D. the time, training, and creative effort it takes to empower employees and teach them to communicate with their customers. E. the supervisory requirements associated with getting company personnel to do benchmarking.

Answers

Answer: B. the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along

Explanation:

The managerial task of executing strategy is so challenging and demanding because of the demanding people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along.

The other options in the question are wrong, therefore option B is the correct answer.

A university does not have a centralized receiving function for departmental purchases of books, supplies, and equipment. Which of the following controls will most effectively prevent payment for goods not received, if performed prior to invoice payment?

a. Vendor invoices should be approved by a departmental supervisor other than the employee ordering the goods.
b. Invoices over a specified amount should be approved by the vice president of finance.
c. Names and addresses on vendor invoices should be compared to a list of department-authorized vendors.
d. Vendor invoices shoul be matched with department purchase orders.

Answers

Answer: a. Vendor invoices should be approved by a departmental supervisor other than the employee ordering the goods.

Explanation:

From the question, we are informed that a university does not have a centralized receiving function for departmental purchases of books, supplies, and equipment.

The control that will most effectively prevent payment for goods not received, if performed prior to invoice payment is that the invoices of the vendor should be approved by a departmental supervisor other than the employee ordering the goods.

A project is a series of tasks to produce one or more ________, which are items that you hand off to the client or management for their review and approval.

Answers

Hi there! Hopefully this helps!

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Answer: Deliverables

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"A project is a series of tasks to produce one or more Deliverables, which are items that you hand off to the client or management for their review and approval."

A manufacturer of an aircraft may issue information concerning an improvement or change that may be made on an aircraft, these changes are called

Answers

Answer:

Service Bulletins

Explanation:

A service bulletin as seen in the question above can simply be defined as a document used by aircraft manufactures to issue or give information concerning improvements or changes that may be made to or on an aircraft.

Depending on the manufacturer's judgement of the modification or improvement as either a product improvement or a safety improvement, service bulletins will be released.

Cheers.  

A 50 year old individual leaves a corporate employer and receives a $50,000 lump sum distribution from the pension plan. He rolls over $30,000 of the funds within 60 days into an IRA and deposits the rest to his checking account. The individual pays:___________

Answers

Answer:

The individual pays tax on the $20000 not roll over

Explanation:

A roll over is the withdrawal of cash or other assets from a retirement plan and then using part or all of it within 60 days into another retirement plan. Roll overs are not taxable.

The individual receives $50000 and rolls over $30000 of his funds. The roll over fund is considered as an income but it is not taxable since it was done within 60 days therefore the individual is tax on the money which was not roll over.

Money not roll over = $50000 - $30000 = $20000

Therefore the individual pays tax on the $20000 not roll over

Della, the sales manager, just informed her sales team that all sales in March will earn an extra 5 percent commission. The team gets right to work, being motivated by a(n)

Answers

Answer:

The answer is extrinsic reward

Explanation:

Extrinsic reward is the type of reward that comes from outside. This type of reward is completely different from intrinsic reward that comes from thr within.

Extrinsic rewards are given to act as an incentive to perform more or better. It usually has monetary undertone in it.

Increment in salary or giving bonus is is an extrinsic reward.

When an organization pays more for completing certain tasks, not just for being there and being loyal to the firm, the organization pays more for ______.

Answers

Answer: Performance

Explanation:

Many organizations reward excellence and effort. They consider what each person or team put in place to see that there is success in the task. Asides the normal allowance that would be given, those who are outstanding in their performance would be tipped other renumeration for how well they did. This is to encourage them to do more for further task ahead.

As part of its integrated marketing communication strategy, Taco Bell utilized commercials aired during the Super Bowl. This form of ________ has an extremely large reach and hefty price tag.

Answers

Answer:

Advertising

Explanation:

As part of its integrated marketing communication strategy, Taco Bell utilized commercials aired during the Super Bowl. This form of advertising has an extremely large reach and hefty price tag.

Utilization of commercials aired during the Super Bowl as a form of advertising plan during integrated marketing is very crucial because it helps promote sales of the product in large quantities and it helps the product to be publicized. It should be noted that advertisment gives enhancement to image of an organization.

With depreciation, the estimated amount of money that can be expected from some buyer at the end of asset’s useful life is its

Answers

Answer:

Salvage value

Explanation:

Salvage value is the value of an asset after all depreciation expenses has been expensed.

For example, an asset cost $500,000, it has a 2 year useful life. the depreciation percentage is 20% for each of the useful life of the asset, the salvage value =

Cost of the asset - accumulated depreciation

accumulated depreciation = 2 x($500,000 x 0,2) = $200,000

Salvage value = $500,000 - $200,000 = $300,000

$300,000 is the estimated amount of money that can be expected from some buyer at the end of asset’s useful life

The ________ is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.

Answers

Answer:

Income inequality ratio

Explanation:

The income inequality ratio is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.

Income inequality refers to the uneven distribution of income among the population of a particular place. It is the difference in the allocation of income in a particular country.

Income inequality occurs across different segments of the population such as gender(male and female), ethnic group, occupation, geographical location etc.

The Gini index is widely used to compare disparities in income.

A group of customers is drinking alcohol in your business and one of them has been identified as the designated driver. As a server, you:

Answers

Cut of alcohol

Explanation:

If they drink mre they are likely to becom drunk and migjt get into an accident

Answer:

Limit the amount they can drink, if at all

Explanation:

You want to make sure they are able to drive by the time they leave

Accounts receivable Select one: a. Are usually converted into cash in 30 to 60 days b. Are relatively liquid assets c. Usually appear after short-term investments in marketable securities d. All of the above

Answers

Answer:

D

Explanation:

Accounts receivable  is the amount of money that customers owe a company for goods or services that were purchased on credit.

Accounts receivable appear as assets on the balance sheets

Which of the following statements regarding corporate bonds is most correct? a. Debentures are riskier than subordinated debentures because they are paid last in the event of bankruptcy.

Answers

Answer:

The answer is C. The interest rate on subordinated debentures is likely to be higher than the interest rate on debentures

Explanation:

The options to the question are under the 'Ask about this question'

Debentures are long-term security (bond) that is not secured by any collateral. It is being issued based on the past record of the issuer i.e the issuer's creditworthiness and also its reputation.

What is subordinated debenture? - This is also an unsecured loan but ranks below the table i.e some loans are above it in the ranking.

The interest or yield on subordinated debts is usually higher because it is more risky than the normal debentures.

When signing a lease for a retail space, it's important to make sure the lease has a _______ clause, which releases the tenant from the lease if sales don't reach an agreed-upon amount. A.tenancy B.bail-out C.co-tenancy D.bankruptcy

Answers

Answer:

Option B (bail-out) is the correct approach.

Explanation:

For something like a variable annuity, a clause states that even though the investment on either the annuity happens to fall underneath a specified amount, the insured person will make additional withdrawal effects through loss.It eliminates the owner from those in the contract unless the transactions do not exceed a sum negotiated upon.

Some other available choices do not apply to the types of situations in question. So that the argument presented above should be appropriate.

Answer:

The answer is most definitely B.bail-out : )

Explanation:

Especially for retail space, be sure your lease includes a bail-out clause, which lets you out of the lease if your sales don’t reach an agreed-on amount, and a co-tenancy clause so you can break the lease if an anchor store closes or moves. If you have to do a lot of work to get the space ready for occupancy, consider negotiating a construction allowance—generally $10 to $25 per square foot—to help offset the costs.

A mutual fund invested in bonds with medium-length maturities. As the bonds matured, the fund reinvested the proceeds and purchased long-term bonds with maturities of up to 20 years. What might have happened to the fund if the reinvestment had occurred during a period when interest rates were rising

Answers

Answer:

III and IV

Explanation:

As if the greatest the number of years for maturity, the chances of the risk is high also the long term bonds contains the high rate of interest as compared with the medium or short term bonds

Also if the fund replace with the medium to long term so the rate of interest could be highly charged that earned more income also if the rate of interest is increased the yield also increased

So based on the given option, the third and fourth option is correct

In the context of the principles of total quality management (TQM), _____ means collaboration between managers and nonmanagers, across business functions, and between companies, customers, and suppliers .

Answers

Answer:

Teamwork

Explanation:

In total quality management (TQM) teamwork refers basically to the same thing as  it does in any other circumstance. I.e. working together in order to achieve a higher common goal. Teamwork is essential in every management theory, but TQM has a slightly different approach.

TQM sees teamwork as a means of creating interdependent quality circles. This means that employees and management must learn to work together as a team and must learn to depend on each other's work. It is basically like a goalkeeper that relies on his/her defense to help them avoid the opponent team from making goals.

Goods and services are purchased by businesses as well as by individuals. O a. True O b. False​

Answers

Answer:

true

they are e.g like our capitalists

On an 8% straight term loan of $6,071 the borrower paid total interest of $1,700. What is the term of the loan?

Answers

Answer:

42 months

Explanation:

On an 8% straight term loan of $6,071

The borrower paid a total interest of $1,700 on the loan

Therefore, the term of the loan can be calculated as follows

=$6,071×8/100

= $6,071×0.08

= 485.68

Since there are 12 months in a year

= 485.68/12

= 40.47

$1,700/40.47

= 42

Hence the term of the loan is 42 months

Tamarisk Corp. purchased machinery for $347,400 on May 1, 2020. It is estimated that it will have a useful life of 10 years, salvage value of $17,400, production of 264,000 units, and working hours of 25,000. During 2021, Tamarisk Corp. uses the machinery for 2,650 hours, and the machinery produces 29,580 units.
From the information given, compute the depreciation charge for 2021 under each of the following methods. (Round intermediate calculations to 2 decimal places, eg. 5.25 and final answers to O decimal places, e.g. 45,892.)
(a) Straight-line
(b) Units-of-output
(c) Working hours
(d) Sum-of-the-years'-digits
(e) Declining-balance (use 20% as the annual rate) $

Answers

Answer:

Explanation:

Purchase price = 347,400

Useful life = 10 years

Salvage value = 17,400

Production unit = 264,000

Unit produce = 29,580

Working hours = 25,000

Working hours used = 2,650

Workings

Depreciable amount = 347,400 - 17,400 = 330,000

1. Straight line depreciation = 347,400-17,400 /10

= 330,000 / 10 =33,000

2.Units of output = 29,580/264,000*330,000

= 36,975

3. Working hours method

2650/25,000*330,000 = 34,980

4.Sum of the years digit

Sum of the digits = 10(10+1)/2 =55

330,000 *10/55*4/12 +330,000*9/55*8/12 = 56,000

5 Declining balance at 20%

2020 =  ( 347,400 *20%) = 69,480

2021 = 347,400 -69,480  * 20% =277,920 *20%

277,920 - 55,584 = 222,336

In its 20X3 financial statements, Cris Co. reported interest expense of $85,000 in its income statement and cash paid for interest of $68,000 in its cash flow statement. There was no prepaid interest or interest capitalization either at the beginning or end of 20X3. Accrued interest at December 31, 20X2, was $15,000. What amount should Cris report as accrued interest payable in its December 31, 20X3, balance sheet

Answers

Answer:

$32,000

Explanation:

Calculation for the amount of accrued interest payable that should be reported

Using this formula

Accrued interest payable=Interest expenses- (Cash paid for interest -Accrued interest )

Let plug in the formula

Accrued interest payable=$85,000-($68,000-$15,000)

Accrued interest payable=$85,000-$53,000

Accrued interest payable=$32,000

Therefore the amount of accrued interest payable that should be reported will be $32,000

The market price of pomegranates is $2, and JoAnne sells 25 pomegranates at the local farmer's market. The total revenue is and the marginal revenue IS

Answers

Answer:

$50 and $2

Explanation:

The computation of the total revenue and the marginal revenue is shown below:

Total revenue is

= Price ×  quantity

= $2 × 25

= $50

And, the marginal revenue is received collected from one unit i.e price of the one units that equivalent to $2

Hence, we simply applied the above formula to determine the total revenue and the marginal revenue

The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu's: a.hubris. b.dialectic inquiry. cmitment. d.illusion of control.

Answers

Answer:

k i need help too

Explanation:

The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu's inquiry. commitment.

What is employee?

The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.

According to the company was the provided the less salary into the less profitable and employees are the cut on the particular amount. It was the perfect example of the inquiry commitment. The commitment on the each and the every company to the related to the company details.

As a result, the decision to take less salary was the example of the commitment. Therefore, option (c) is correct.

Learn more about on employee, here:

https://brainly.com/question/29076248

#SPJ2

If a study of past stock prices and volume to find mis-priced securities will not lead to gains in the market, then the market must be at least _____ efficient.

Answers

The answer would be weak-form

Because of the influence of social marketing, the interaction between producer and consumer has become LESS focused on:_________

a. engaging.
b. listening.
c. understanding.
d. entertaining.
e. influencing.

Answers

Answer: d. Entertaining

Explanation:

Because of the influence of social marketing, the interaction between producer and consumer has become less focused on entertaining.

It should be noted that due to social media, entertainment has reduced between producers and consumers but rather, it has to do with engaging, influencing and listening.

One difference between financial and managerial accounting is that the external users that use financial information must plan a company's future, but the internal users of managerial accounting information generally must decide whether to invest in or lend to a company.

a. True
b. False

Answers

Answer:

False

Explanation:

The internal users of financial information are those people with an organisation that makes use of financial information.

they include :

The board of directorsEmployeesManagers.

The external users of financial information are those who aren't within an organisation that makes use of financial information.

They include :

InvestorsLendersGovernment Regulatory bodies

External users of financial information use financial information in making decisions of whether to invest in or lend to a company

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