Answer:
The broker should respond that the Specialist (DMM) on the NYSE flooris obligated to buy the stock at the current market.
Explanation:
Now under the NYSE rules, to make a nonstop market in the assigned stock. A customer is will always be guaranteed that the trade will be executed - on the other hand, the price at which the trade is effected is constantly subject to various market conditions.
So the best response from the broker is that the Specialist (DMM) on the NYSE floors is required to buy the stock at the current market.
Answer:
Net operating working capital = $ 60.
Explanation:
As we know that Net operating working capital = (cash+account receivable+Inventory) - (Account payable + Accrued expenses)
= (10+50+40) - (20+20)
= $ 60
Answer:
$162,000
Explanation:
Income Statement - New Offer
Sales (27,000 x $17) $459,000
Less Variable Costs of the offer :
Variable manufacturing costs (27,000 x $11) ($297,000)
Net Income (Loss) $162,000
therefore,
the amount of income from the acceptance of the offer is $162,000
Answer:
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Answer:
D. includes the same type of on-the-job training for all
Explanation:
Basically, firms in the manufacturing and motor vehicle industry offer on-the-job training to their staff.
On the job training is a training technique employed by management in which workers are trained while they work. This helps to save separate time for training workers and while training, they are opened to practical experience. The major disadvantage of on- the- job training is that wastage is always inevitable due to the lack of expertise of workers.
