Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 05, 2024

You have a margin account with an initial margin requirment of 60%. You should short 33 shares of RSS at $20.19 using your full margin.

You have a margin account with an initial margin requirment of 60%. You should short 33 shares of RSS at $20.19 using your full margin. In your initial balance sheet, what is the total value of your assets?

Enter answer in dollars with 2 decimals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance And Control For Construction

Authors: Chris March

1st Edition

0415371155, 978-0415371155

More Books

Students also viewed these Finance questions

Question

★★★★★

What span of control factor is involved here? Explain/define this factor. Given the situation should the span of control be larger or should it be smaller than usual?

Answered: 1 week ago

Question

★★★★★

Discuss the steps involved in conducting a task analysis.

Answered: 1 week ago

Question

★★★★★

Developmental psychologist Howard Gardners multiple intelligences theory continues to have an impact on classrooms in the United States today, based on its reflection of which current classroom...

Answered: 1 week ago

Question

★★★★★

The Goldman Company retails two products, a standard and a deluxe version of a luggage carrier. The budgeted income statement is as follows: REQUIRED 1. Compute the breakeven point in units, assuming...

Answered: 1 week ago

Question

★★★★★

El 15 de diciembre de 2022, ABC, Inc. recibi notificacin de que un cliente lo est demandado por $10 millones. La demanda se basa en un accidente que el cliente tuvo en la tienda de ABC el 23 de...

Answered: 1 week ago

Question

★★★★★

Can you please help me with these 4 questions from the AIM case below? What managerial insights about profitability per household can you extract from Exhibit 3? a) Using ABC analysis, and the...

Answered: 1 week ago

Question

★★★★★

Delorean Ltd operates a distillery that produces a well-known brand of gin. Delorean Ltd has issued capital of $10 million consisting of 1,000,000 ordinary shares. The company's constitution does not...

Answered: 1 week ago

Question

★★★★★

The article does provide support for the relevant OSHA standards surrounding the topic. The article discusses the findings of a study on electrical safety beliefs and practices. The study found that...

Answered: 1 week ago

Question

★★★★★

Comparison of APPLE and MICROSOFT corporate governance. To what extent the corporate governances are similar and to what extent they are different, how they reflect good governance principles such as...

Answered: 1 week ago

Question

★★★★★

Victor and George are friends who have recently graduated from Greenstreet University with a degree in fashion design. They discuss an idea of setting up a fashion design business in London. Having...

Answered: 1 week ago

Question

★★★★★

research at least 2 of the following codes of ethics: (ISC)2 Code of Ethics The International Council of Electronic Commerce Consultant (EC-Council) System Administration, Networking, and Security...

Answered: 1 week ago

Question

★★★★★

love of humour, often as a device to lighten the occasion;

Answered: 1 week ago

Question

★★★★★

orderliness, patience and seeing a task through;

Answered: 1 week ago

Question

★★★★★

well defined status and roles (class distinctions);

Answered: 1 week ago

Previous Question Next Question