What is the client's total equity? - ProProfs Discuss
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What is the client's total equity?
A client has the following margin account: Long Market Value = $340,000 Short Market Value = $60,000 Debit Balance = $150,000 Credit Balance = $110,000.  



A. $14,000
B. $150,000
C. $240,000
D. $320,000

This question is part of Margin Accounts - Series 7
Asked by Esalas, Last updated: May 13, 2020

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1 Answer

John Smith

John Smith

Answered Jun 22, 2017

$240,000

To calculate equity in a combined margin account, the formula is: (LMV - DR) + (CR - SMV)
 

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