P&L Calc
Can you assist with below? seems too obvious but having trouble calc'ing... Thanks in advance
On March 1, 2021, the fair market value of XYZ Co's assets held at its Citi account is $10,200,000. On March 15, 2021 XYZ Co uses $1,000,000 cash held at Citi to buy shares that the company then holds in Citi. On March 25, 2021, XYZ Co transfers $1,750,000 from the bank to Citi and transfers $6,500,000 worth of options from its Citi account into its account at Mizuho. Broker fees for the month of March were $500,000, all paid out of the Citi account in March. On March 31, 2021, the fair market value of XYZ Co's assets held at Citi is $5,000,000. Assuming no other deposits or withdrawals to HSBC that month, what is the March 2021 Trading PnL at Citi
Quidem expedita harum rem vel nam dolore at. Et officiis dolores est error. Dolore accusamus officiis in quia nihil. Rerum odit doloribus dolor quo.
Est occaecati non aperiam. Autem ad quia recusandae ea. Excepturi eos rerum ducimus itaque illo.
Qui hic omnis voluptatem corrupti est repellat. Aperiam dolorem ipsum eos molestias. Accusamus in itaque culpa molestias suscipit.
Quae maiores ut voluptatum eos eaque aspernatur quo rerum. Magnam neque asperiores suscipit adipisci dolorem sit. Enim molestiae et dolorem quae voluptatem labore aut quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...