Ultra-energy company offers a cash rebate of $2 on each $9 package of protein powder sold during 2014. historically, 20% of customers mail in the rebate form. during 2017, 3,000,000 packages are sold, and 250,000 $2 rebates are mailed to customers. what is the rebate expense and liability, respectively, shown on the company's 2017 financial statements? (a)$500,000; $700,000.(b)$1,200,000; $700,000.(c)$1,200,000; $500,000.(d)$500,000; $1,200,000.

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)