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NEW QUESTION: 1
The initial Federal Reserve Bank margin requirement is set at 60% and Bubba purchases 100 shares of XYZ at $100 per share. He deposits $6,000 of the $10,000 purchase price in his account.
If XYZ increases in value to $150 per share, how much excess equity would Bubba have in his account?
A. $2,000
B. $3,000
C. $1,000
D. $1,500
Answer: A
Explanation:
Explanation/Reference:
Explanation: $2,000. Bubba started with $6,000 of equity and a debit balance of $4,000. The market value of his XYZ stock increased by $5,000 ($15,000 - $10,000). Therefore, his equity increased to $11,000.
Since Bubba only needs 60% equity, his Reg T requirement is $9,000 ($15,000 x 60%). His equity exceeds the requirement by $2,000.
NEW QUESTION: 2
Examine this PAC file configuration.
Which of the following statements are true? (Choose two.)
A. Any web request fortinet.com is allowed to bypass the proxy.
B. Any web request to the 172.25.120.0/24 subnet is allowed to bypass the proxy.
C. Browsers can be configured to retrieve this PAC file from the FortiGate.
D. All requests not made to Fortinet.com or the 172.25.120.0/24 subnet, have to go through altproxy.corp.com: 8060.
Answer: A,C
NEW QUESTION: 3
You need to identify whether one of the items on a purchase order was received.
What should you do?
A. On the All purchase orders list page, find the purchase order, go to the line details, and then verify the Line status.
B. On the All purchase orders list page, find the purchase order, and then verity the Approval status.
C. On the All purchase orders list page, find the purchase order, and then verify the Documentstatus.
D. On the All purchase orders list page, find the purchase order, go to the line details, and then verify the Finalized setting.
Answer: A
Explanation:
Line status:The delivery and invoicing status of the purchase order line.
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