Below is my question and my professors answer. I do not understand how she gets (B) or (C), if someone could help explain this it would be much appreciated. Thanks!
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Below is my question and my professors answer. I do not
understand how she gets (B)...
Dée trailer opens a brokerage account and purchases 100 Shares of Internet dreams that $60 per...
Dée trailer opens a brokerage account and purchases 100 Shares
of Internet dreams that $60 per share. She borrows $2000 from her
broker to help pay for the purchase. The interest rate on the loan
is 10% what is the margin in his account when she first purchase
the stock? If the share price falls to $50 per share by the end of
the year what is the remaining margin in her account? (Round your
answer to two decimal places.)...
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per...
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per share. She borrows $2,500 from her broker to help pay for the purchase. The interest rate on the loan is 7%. a. What is the margin in Dée's account when she first purchases the stock? Margin b. If the share price falls to $10 per share by the end of the year, what is the remaining margin in her account? (Round your answer to...
The following information applies to the next two questions. Dée Trader opens a brokerage account and...
The following information applies to the next two questions. Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places Your Answer Answer uestion 2 (1 point) If the share price falls to...
The following information applies to the next two questions Dée Trader opens a brokerage account and...
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer Answer Question 2 (1 point) If the share price falls to...
ROUNDED TO TWO DECIMAL PLACES AS NEEDED. THANK YOU. The following information applies to the next...
ROUNDED TO TWO DECIMAL PLACES AS NEEDED. THANK YOU.
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer: Answer Question...
Dée Trader opens a brokerage account, and purchases 390 shares of Internet Dreams at $72 per...
Dée Trader opens a brokerage account, and purchases 390 shares of Internet Dreams at $72 per share. She borrows $3,610 from her broker to help pay for the purchase (Ignore transaction costs). The interest rate on the loan is 8%. Requirement 1: What is the margin (aka, $ of equity) in Dée's account when she first purchases the stock? (Omit the "$" sign in your response.) Margin $ Requirement 2: (a) If the share price falls to $62 per share...
A trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per...
A trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. If the maintenance margin requirement is 50%, below what stock price will she receive a margin call? Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67.
Saved Help Se Problem 3-14 DRK, Inc., has just sold 60,000 shares in an initial public...
Saved Help Se Problem 3-14 DRK, Inc., has just sold 60,000 shares in an initial public offering. The underwriter's explicit fees were $36,000. The offering price for the shares was $68, but immediately upon issue, the share price jumped to $70.00 a. What is the total cost to DRK of the equity issue? Total cost b. Is the entire cost of the underwriting a source of profit to the underwriters? Yes No 1 of 5 !!! Next > Co search...
For B) the answer I got is $16,595 from $17,250-$457.88-$197.10 I taxed the capital gains at...
For B) the answer I got is $16,595 from
$17,250-$457.88-$197.10
I taxed the capital gains at 20.35%, the dividends are grossed
up by 38% with eligible dividend tax at 21.64%. Not sure if my
answer is correct though. Use the 2017 rates. All help is
appreciated for b) and c).
: Donna works in BC as a security analyst. Her salary for 2017 was $130,000. In 2014, she bought 1500 shares of a large public company at $10/share on which...
How do I get the answer to note (b)? This is for question 5: Faraway Retailers...
How
do I get the answer to note (b)?
This is for question 5: Faraway Retailers
Adjustments a Non-current assets are to be depreciated at the rate of 20 per cent per annum on a reducing balance basis. b Closing inventory amounted to £18,900. c Business expenses of £2,735 have been incurred but not yet recorded. d A provision for bad debts amounting to 10 per cent of receivables is to be created. Prepare an income statement and an appropriation...
Dée trailer opens a brokerage account and purchases 100 Shares
of Internet dreams that $60 per share. She borrows $2000 from her
broker to help pay for the purchase. The interest rate on the loan
is 10% what is the margin in his account when she first purchase
the stock? If the share price falls to $50 per share by the end of
the year what is the remaining margin in her account? (Round your
answer to two decimal places.)...
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per share. She borrows $2,500 from her broker to help pay for the purchase. The interest rate on the loan is 7%. a. What is the margin in Dée's account when she first purchases the stock? Margin b. If the share price falls to $10 per share by the end of the year, what is the remaining margin in her account? (Round your answer to...
The following information applies to the next two questions. Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places Your Answer Answer uestion 2 (1 point) If the share price falls to...
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer Answer Question 2 (1 point) If the share price falls to...
ROUNDED TO TWO DECIMAL PLACES AS NEEDED. THANK YOU.
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer: Answer Question...
Saved Help Se Problem 3-14 DRK, Inc., has just sold 60,000 shares in an initial public offering. The underwriter's explicit fees were $36,000. The offering price for the shares was $68, but immediately upon issue, the share price jumped to $70.00 a. What is the total cost to DRK of the equity issue? Total cost b. Is the entire cost of the underwriting a source of profit to the underwriters? Yes No 1 of 5 !!! Next > Co search...
For B) the answer I got is $16,595 from
$17,250-$457.88-$197.10
I taxed the capital gains at 20.35%, the dividends are grossed
up by 38% with eligible dividend tax at 21.64%. Not sure if my
answer is correct though. Use the 2017 rates. All help is
appreciated for b) and c).
: Donna works in BC as a security analyst. Her salary for 2017 was $130,000. In 2014, she bought 1500 shares of a large public company at $10/share on which...
How
do I get the answer to note (b)?
This is for question 5: Faraway Retailers
Adjustments a Non-current assets are to be depreciated at the rate of 20 per cent per annum on a reducing balance basis. b Closing inventory amounted to £18,900. c Business expenses of £2,735 have been incurred but not yet recorded. d A provision for bad debts amounting to 10 per cent of receivables is to be created. Prepare an income statement and an appropriation...
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