You Just Sold Short 700 Shares of Highway Construction Stock

question 85

Essay

You just sold short 700 shares of Highway Construction stock for $31 a share. The initial margin requirement is 70 percent and the maintenance margin is 35 percent. Construct a balance sheet depicting this transaction.

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Definitions:

Binge Eating

A disorder characterized by recurrent episodes of eating large quantities of food, often quickly and to the point of discomfort.

Feeling Full

The sensation of having eaten enough or to satisfaction, often associated with satiety.

Max Ringelmann

Max Ringelmann was a French agricultural engineer who discovered the Ringelmann effect, indicating that individual productivity decreases as the size of a group increases.

Social Psychology

Research into how the presence, whether real, imagined, or alluded to, of other individuals influences one's thoughts, feelings, and behavior patterns.