A customer's account appears as follows:
$100,000 MV Long
$ 40,000 DB
$ 60,000 EQ
The securities in this customer's account INCREASE in value by $25,000, and the debit balance is decreased by $5,000. After these changes, what is the buying power in the account?
(A) $27,500
(B) $35,000
(C) $55,000
(D) $90,000
Solved
Show answers
More tips
- C Computers and Internet Why is Yandex s robot Bless.yandex.ru Important?...
- F Food and Cooking Fresh and Easy Lemonade in 10 Minutes...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- A Animals and plants How to Grow Lime from a Seed: Simple Tips and Interesting Facts...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
Answers on questions: Business
- B Business Emma sanchez is currently renting an apartment for $725 per month and paying $275 annually for renter’s insurance. she just found a small townhouse she can buy for...
- B Business 1. define the word manager without using the word management in your definition....
- B Business A micro economist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations...
- B Business The following note transactions occurred during the year for Towell Company: Nov. 25 Towell issued a 90-day, 10% note payable for $80,000 to Hyatt Company for merchandise....
- B Business 1. Why has Disney been successful for so long? 2. What did Michael Eisner do to rejuvenate Disney? Specifically, how did he increase net income in his first four...
- B Business Your would like to share some of fortune with you. offers to give you money under one of the following scenarios (you get to choose): 1. a year at the end of each...
- B Business Macmillan Toys Inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below...
- B Business Calistoga Produce estimates bad debt expense at 0.20% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000...
- B Business En una escuela ssecundaria, Jorge pide prestados $10 pesos a su amigo, al finalizar la semana Jorge le pafa $14 pesos. ¿Que tasa de interes simple semanal representa...
- B Business John s company makes a great product and customers are happy with their purchases. Unfortunately, few potential customers visit the company s website. What are two...
Ответ:
(C) $55,000
Explanation:
Market Value : $125,000
$125000/2= $62,500
$62,500- $35,000 debit= $27,500 excess equity
Hence:
$27,500 excess equity x 2= $55,000 Buying Power
Therefore the buying power in the account is $55,000
Ответ: