subject
Business, 31.05.2021 15:30 azaz1819

Assume you purchased 900 shares of XYZ common stock on margin at $90 per share from your broker. If the initial margin is 65%, the amount you borrowed from the broker is:. A. $109,350
B. $81,000
C. $52,500
D. $28,350
E. $22,500

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
When color is used on a topographical drawing, black is used to represent what?
Answers: 1
question
Business, 22.06.2019 17:40
To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.
Answers: 3
question
Business, 22.06.2019 22:40
Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?
Answers: 1
question
Business, 23.06.2019 03:30
What do u want to be when u grow up
Answers: 2
You know the right answer?
Assume you purchased 900 shares of XYZ common stock on margin at $90 per share from your broker. If...
Questions
question
Physics, 20.10.2020 05:01
question
Mathematics, 20.10.2020 05:01
question
English, 20.10.2020 05:01
question
Mathematics, 20.10.2020 05:01
question
Mathematics, 20.10.2020 05:01
question
Health, 20.10.2020 05:01
Questions on the website: 13722359