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Exhibit 4.6 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 90

Multiple Choice

Exhibit 4.6
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
You decide to sell short 200 shares of XCorp stock at a price of $75. Your margin deposit is 65 percent. Commission on the sale is 1.25%. While you are short, the stock pays a $1.75 per share dividend. Interest on margin debt is 5.25% per year.
-Refer to Exhibit 4.6. At the end of one year you close out your short position by purchasing share of XCorp at $45 per share. The commission is 1.25%. What is your rate of return on the investment?

Calculate and interpret the times interest earned ratio and its significance in financial analysis.

Recognize the accounting treatment and disclosure requirements for contingent liabilities.

Understand how to manage and set appointment status in a calendar application.

Recognize the concept of recurring appointments and their intervals.

Definitions:

Gallbladder

A small, pear-shaped organ located beneath the liver, storing and concentrating bile produced by the liver before it is released into the small intestine.

Medial Lobe

A segment of an organ or gland separated from the rest by boundaries but specifically, it often refers to parts of the brain or lungs, though not a universally used term without specifying the organ.

Liver

A vital organ that performs a wide range of functions, including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.

Lingual Frenulum

A small fold of mucous membrane extending from the floor of the mouth to the midline of the underside of the tongue.