Business, 10.12.2019 03:31 arlettr12

Adam culbreath wanted to invest in the stock market, but didn't have the entire $10,000 he needed to buy the shares of the company he wanted. adam does have $7,000, so he decided to borrow the remainder of the stock's purchase price from his broker in order to be able to buy the stock he wanted. adam: a. buying stock on marginb. means borrowing some of the stocks' purchase c. cost from the brokerage firm. d. in this case, adam bought on margin by borrowing the remaining $3,000 he needed.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 05:20

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Answers: 3

Answer

Business, 22.06.2019 10:00

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?

Answers: 2

Answer

Business, 22.06.2019 11:00

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

Answers: 1

Answer

Business, 22.06.2019 19:30

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%

Answers: 3

Answer

You know the right answer?

Adam culbreath wanted to invest in the stock market, but didn't have the entire $10,000 he needed to...

Questions