When you have $20,000 to invest in XYZ company but you want to maximize your return. The stock price is $50. What is the maximum number of shares you could purchase buying on margin if the initial margin requirement is 50%? A- 1000
B- 600
C- 1200
D- 800

Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?