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You believe that Rose, Inc., stock is going to fall and youve decided to sell 800 shares short. If the current share price is $57,
You believe that Rose, Inc., stock is going to fall and youve decided to sell 800 shares short. If the current share price is $57, construct the equity account balance sheet for this trade. Assume the initial margin is 60 percent. (Do not round intermediate calculations. Input all amounts as positive values. Omit the "$" sign in your response.) |
Assets | Liabilities and account equity | |||
Proceeds from sale | $ | Short position | $ | |
Initial margin deposit | Account equity | |||
Total | $ | Total | $ | |
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