Assume you sell short 100 shares of common stock at $50 per share, with an initial margin at 50%. The stock paid no dividends during the period, and you did not remove any money from the account before making the transaction. What would be your rate of return if you purchase the stock at $40 per share?

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.