You’ve borrowed $38,000 on margin to buy shares in ixnay, which is now selling at $41.8 per share. your account starts at the initial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price changes to $44 per share. a. will you receive a margin call? yes no b. at what price will you receive a margin call? (round your answer to 2 decimal places.)

What are six resources for you decide which type of business to start and how to start it?

Select the word from the list that best fits the definition sometimes

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2