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Problem 2-23 Short Sales (LO4, CFA3) You believe that Rose, Incorporated, stock is going to fall and you've decided to sell 1,150 shares short.

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Problem 2-23 Short Sales (LO4, CFA3) You believe that Rose, Incorporated, stock is going to fall and you've decided to sell 1,150 shares short. If the current share price is $68, construct the equity account balance sheet for this trade. Assume the initial margin is 100 percent. Note: Input all amounts as positive values. Proceeds from sle Initial margin deposit Assets Total Liabilities and account equity Short position Account equity Total

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