You short sold 500 shares of Jasper stock at $41 a share at an initial margin of 60 percent. What is the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent?
A. $57.40
B. $56.90
C. $46.86
D. $47.08
E. $55.50
Answer: C
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A company uses the periodic inventory system and had the following activity during the current monthly period. November 1:Beginning inventory104 Units @ $10November 5:Purchased104 Units @ $26November 8:Purchased54 Units @ $25November 16:Sold142 Units @ $65November 19:Purchased35 Units @ $20Using the weighted-average inventory method, the company's ending inventory would be:
A. $3090 B. $1740 C. $1040 D. $2050 E. $3024
The network that connects devices to a continuous network cable is a
A. Star network. B. Wide area network. C. Bus network. D. Ring network.
A tort can be defined as a civil wrong
Indicate whether the statement is true or false
With ____ parity, the sender sets the parity bit to 0 if the count of 1-valued data bits in the character is odd
a. even b. odd c. block d. check