Series 7 Equations

Determine the outstanding shares

Outstanding shares = issued shares treasury stock
Long margin account formula
Long market value (LMV) debit record (DR) = equity (EQ)
Short margin account formula
Short market value (SMV) + equity (EQ) = credit record (CR)
Calculate the time value of an option
Premium (P) = intrinsic value (I) + time value (T)
Balance sheet formula
Assets = liabilities + stockholders equity
Calculate working capital
Working capital = current assets current liabilities
Calculate the time value of an option
Premium (P) = intrinsic value (I) + time value (T)