Reference no: EM131959214
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.50 per share. On March 1, a dividend of $2.30 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $21.50 per share.
You paid 25 cents per share in commissions for each transaction.
What is the proceeds from the short sale (net of commission)?
Proceeds from the short sale $__________
What is the dividend payment?
Dividend payment $ 230
What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $21.50 per share?
Total cost including commission $_________
What is the net gain from your transaction? Net gain $_____________
|
Prepare the appropriate journal entries for holbrook company
: Prepare the appropriate journal entries for Holbrook Company from the inception of the lease through the end of 2018.
|
|
How much external financing is needed
: For 2526 the company plans 10.00% sales growth. They plan to hold constant the asset turnover (sales/total assets) and payout ratio (= dividends/net income).
|
|
What amount of premium would be amortized for the year ended
: On January 1, 2016, the Keller Co. issued $140,000 of 20-year 8% bonds for $172,000. Interest was payable annually.
|
|
Management accounting report for tech UK limited
: H - 508 - Management Accounting - produce a written report as part of your learning which will also be circulated to all the department managers
|
|
What is the net gain from your transaction
: What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $21.50 per share?
|
|
What volatility smile would you expect to see
: A company's stock is selling for $6.50. The company has no outstanding debt. Analysts consider the liquidation value of the company to be at least $550,000,000.
|
|
Provide an overview of the general field of big data systems
: Provide a broad overview of the general field of big data systems. You will be given a dataset and a set of problem statements.
|
|
Calculate the amount of the annual rental payment
: On January 1, 2017, Coronado Company leased equipment to Whispering Corporation. The following information pertains to this lease.
|
|
What is the maximum pension benefit
: A company's defined benefit pension plan utilizes a funding formula that considers years of service and average compensation to determine the pension benefit.
|