In lizzie shoes’ experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. lizzie shoes sold gift cards for $18,000 during august of 2016. $4,000 of cards were redeemed in september of 2016, $3,000 in october, $2,500 in november, and $2,000 in december of 2016. in 2017 an additional $1,000 of cards were redeemed in january and $500 in february.

how much gift card revenue associated with the august 2016 gift card sales would lizzie get to recognize in 2016 and 2017?

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)