On Nov 7th, Omar issued short sale order to his broker for 1000 shares of International Food

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On Nov 7th, Omar issued short sale order to his broker for 1000 shares of International Food Co. Stock at $100. On Feb 5th, the stock price decreased to $80. The initial margin is 50%.

What are the balance sheets as in Nov 7th and Feb 5th?
Compute the ROE on Feb 5th if the interest rate 10%.

Posted Date: Dec 08, 2021 07:50 AM

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On Nov 7th, Omar issued short sale order to his broker for 1000 shares of International Food

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1 Nov 7th Assets Amount Liabilities and Equity Amount Cash Received from Short Sale 100000 ... View the full answer

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