Eaton resources, which uses the fifo inventory costing method, has the following account balance at december 31, 2015, prior to releasing the financial statement for the year: eaton has determined that the current replacement cost (current market value) of the december 31, 2015, ending merchandise inventory is $12,800. prepare any adjusting journal entry required from the given information. (record debits first, then credits.) what value would eaton report on the balance sheet at december 31, 2015, for merchandise inventory? according to the rule, eaton resources should report inventory on the december 31 balance sheet at choose from any list or enter any number in the input fields and then continue to the next question.

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)