Business, 17.04.2020 02:28 andrewdestupinan

Kerri believes that Bluebill Corporation’s stock will drop in value. She borrows 200 shares from a brokerage firm when the stock was selling at $56 per share. When the stock’s price dropped to $31 per share, she told the brokerage firm to buy 200 shares of Bluebill’s stock. This stock was returned to the brokerage firm in replace of the stock she first borrowed. What is Kerri’s profit on her short selling investment?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:20, arijade1391

Why should you not sign the tenant landlord agreement quickly and immediately

Answers: 1

continue

Business, 23.06.2019 02:00, deboahsouthall

Create a list of five action verbs you might use on a job application to describe skills and/or work history. here are some examples: (organized, produced, selected, coordinated, contributed). find five other than the examples.

Answers: 3

continue

Business, 23.06.2019 02:40, PokemonCatchEmAll

The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?

Answers: 2

continue

Business, 23.06.2019 07:50, sarahlearn3

Tubby toys estimates that its new line of rubber ducks will generate sales of $7.60 million, operating costs of $4.60 million, and a depreciation expense of $1.60 million. if the tax rate is 35%, what is the firm’s operating cash flow? (enter your answer in millions rounded to 2 decimal places.)

Answers: 1

continue

You know the right answer?

Kerri believes that Bluebill Corporation’s stock will drop in value. She borrows 200 shares from a b...