You purchase 800 shares of Zephyr Corp. stock on margin at a price of $52 per share. Your broker requires you to deposit $20,400. 1. What is your margin loan amount? 2. What is the initial margin requirement?
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Financial accounting 1.2.31
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- 2. Assume F&S offers a “Fit 50” coupon book with 50 prepaid visits over the next year. F&S has learned thatFit 50 purchasers make an average of 40 visits before the coupon book expires. A customer purchases a Fit50 book by paying $500 in advance, and for any additional visits over 50 during the year after the book ispurchased, the customer can pay a $15 visitation fee per visit. F&S typically charges $15 to nonmembers whouse the facilities for a single day.a. How many separate performance obligations are included in the Fit 50 member deal? Explain your answer.b. How much of the contract price would be allocated to each separate performance obligation? Explain youranswer.c. Prepare the journal entry to recognize revenue for the sale of a new Fit 50 book.An investor puts up $5,000 but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges 8% on the loan. The stock was originally purchased at $50 per share, and in 1 year the investor sells the stock for $55. The investor's rate of return was ____. Multiple Choice 6.00% 12.00% 14.00% 2.00%what will be interest paid at end of term?
- a investor purchased a 91 day, $100,000.00 t-bill on its issue date fir $99, 441.89, after holding it for 16 days, she sold the t bill for a yeild of 2.21% what is the original yeild of the t bill? what was the t bill sold for? the investor realized the rate of return was?Give only typing answer with explanation and conclusionAnswer for C
- 7) A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or six yearly payments of $25,000. Which of the following is closest to the interest rate being offered by the dealer? A) 5.8% B) 6.8% C) 7.8% D) 9.8%Assume that at the beginning of the year, you purchase an investment for $2,500 that pays $67 annual income. Also assume that the investment's value has decreased to $2,350 at the end of the year. a. What is the rate of return for this investment? b. Is the rate of return a positive or a negative number? Complete this question by entering your answers in the tabs below. Req 1 Req 2 What is the rate of return for this investment? Note: Enter your answer as a percent rounded to 2 decimal places. Input the amount as a positive value. Rate of return % Req 1 Req 2 >don't give answer in image format