Question 1 of 10
Net Capital
Rosslyn Securities' balance sheet appears below. All liabilities are included in AI. What is Rosslyn's net capital before haircuts?
Rosslyn Securities — balance sheet| Account | Amount |
|---|
| Cash | $60,000 |
| Receivable from clearing broker | $55,000 |
| Prepaid rent | $9,000 |
| Computer equipment, net | $21,000 |
| Commissions receivable from another broker-dealer, 40 days old | $7,000 |
| Note receivable from parent, unsecured | $18,000 |
| Total liabilities | $70,000 |