You believe that Rose, Inc., stock is going to fall and you’ve decided to sell 3

Question

You believe that Rose, Inc., stock is going to fall and you’ve decided to sell 300 shares short. If the current share price is $89, construct the equity account balance sheet for this trade. Assume the initial margin is 100 percent. (Input all amounts as positive values. Omit the "$" sign in your response.)

You believe that Rose, Inc., stock is going to fall and you’ve decided to sell 300 shares short. If the current share price is $89, construct the equity account balance sheet for this trade. Assume the initial margin is 100 percent. (Input all amounts as positive values. Omit the "$" sign in your response.)

Explanation / Answer

Assets Liabilities Proceeds from sale 26700 Short Position 26700 Initial Margin deposit 26700 Account Equity 26700 Total 53400 Total 53400

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