Question: You believe that Rose, Inc., stock is going to fall and you've decided to sell 800 shares short. If the current share price is $47, construct the equity account balance sheet for this trade. Assume the initial margin is 60 percent. (Input all amounts as positive values. Omit the "tiny_mce_markerquot; sign in your response.
Assets Liabilities and account equity
Proceeds from sale-------- Short position------------
Initial margin deposit------- account equity------------
Total----------------- Total--------------------------
Proceeds from and short position the answer are $37,600 but the rest aren't 37600 and the total is not 75200.