On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $19.70 per share. On March 1, a dividend of $2.40 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $13.50 per share. You paid 30 cents per share in commissions for each transaction. a. What is the proceeds from the short sale (net of commission)? Proceeds from the short sale $ b. What is the dividend payment? Dividend payment $ c. What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $13.50 per share? Total cost including commission $ d. What is the value of your account on April 1? Value of account $

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no