1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shkiper50 [21]
3 years ago
6

David, a trader, wants to buy 1,000 shares of XYZ stock, while a second trader, Alexis, is willing to sell 1,500 shares of the s

ame stock. Unfortunately, David and Alexis don't know one another and must complete their transactions using the stock exchanges market-making deale. KYZS market maker is willing to sell her shares for $34.85 per share and purchase additional shares for $34 per share. Select the most appropriate values in the following table: Value Term Bid price Ask price Bid-ask spread If the market-maker is willing to purchase the entire block of 1,500 shares from Alexis and, from that block, resell 1,000 shares to David, then the market-maker's net profit from David's transaction-excluding any inventory effects-will be
Business
1 answer:
Mariana [72]3 years ago
7 0

Answer:

Market Maker's Net Profit = $850

Explanation:

David will buy the 1,000 shares he wished to buy at the Market Maker's sell price of $34.85 (since he is buying from the Market Maker).

Alexis, will sell her 1,500 shares to the Market Maker at the Market Maker's buy price of $34.

Therefore, excluding any inventory effect, the Market Maker's net profit from David's transaction

= sales price less purchase price

= (1,000 * 34.85) - (1,000 * 34) (the other 500 units the Market Maker purchased from Alexis will be in inventory and will not be considered)

= 34,850 - 34,000

= $850.

You might be interested in
A popular hotel has continued to lose business in its room service food sales over the last five years. Using the Six Sigma DMAI
DaniilM [7]

The correct answer to this open question is the following.

Using the Six Sigma DMAIC process, I will explain what I would do in each step of the process to improve the sales.

DMAIC stands for Define, Measure, Analyze, Improve, and control.

What I would do first is, of course, define the nature of the problem. To define exactly what is the root of the drop in sales in the hotel. That would allow me to establish proper goals and define a strategy to implement. If a need to do surveys to customers or unsatisfied clients, I would do that. Listening to customer feedback would provide the necessary information.

Then, I have to measure the performance of my employees. Monitoring and evaluate the productivity of the people who work in the organization.

I have to analyze if the productivity ratio of each employee to know if they are performing to the maximum of their capabilities.

In this case, I could use a Pareto chart or the 80-20 rule, to assess productivity in the company.

I have to pay attention to the causes of poor performance and poor quality service. There is an interesting analysis called Root Cause Analysis (RCA) that can be useful in this case.

Once identified and eliminated the root or causes of the problems, then it comes de Improve the process to enhance the performance in every area of the organization. I would have to get people on the same page and focus on one problem at a time to doing things right.

Another model that could be useful in this scenario would be Design of Experiments, commonly known as DOE, which helps resolve complex issues

Finally, the control of everything implementation and solution to confirm it has been established the right way with the desired results. This could be part of the continuing Quality Control process- The poke yoke system would be a good option to be contemplated.

6 0
3 years ago
Technology has not really affected the hospitality industry.<br> True or false
drek231 [11]
False. think about x-rays and radio graphs if we didn't have these a lot of people would die because of these life saving technology
8 0
3 years ago
Read 2 more answers
Ichiro is injured in a two-car accident and sues Heather, the driver of the other vehicle, alleging negligence. Heather claims t
maks197457 [2]

Answer:

d. even if Ichiro was only slightly at fault.

Explanation:

If Ichiro is suing Heather for negligence, but he himself is found to have negiglent as well, his possibilities of winning the case are less even if he was only slightly at fault.

This is because the fact that he was negligent as well reduces his condition of victim, and makes him an active participant in the accident. In other words, if Ichiro is found negligent, it means that the accident and his subsequent injuries were also his fault.

5 0
3 years ago
Read 2 more answers
Trey, Inc. reports a taxable loss of $140,000 for 2018. Its taxable incomes for the years 2015 through 2017 respectively were $2
laiz [17]

Answer:

$117500

Explanation:

Taxable loss = $140000 for 2018

Taxable incomes : $25000 for 2015, $35000 for 2016, $40000 for 2017

tax rate = 30%

Net loss on 2018 income statement can be offset by the taxes paid on taxable income for 2 years prior to 2018 ( i.e 2016 and 2017 )

first calculate taxes on taxable incomes for 2016 and 2017

$35000 * 30% = $10500

$40000 * 30% = $12000

hence taxable profit = 10500 + 12000 = $22500

Net loss to be reported on 2018 income statement

= $140000 - $22500 = $117500

8 0
3 years ago
Bradley conducts research to validate his hypothesis that increased job satisfaction leads to greater organizational commitment
fredd [130]
The method of study used by Bradley is META ANALYSIS. Metal analysis can be defined as the quantitative, formal research study design to systematically examine the results of previous studies in related fields in order to form a conclusion about a specific research topic.
7 0
3 years ago
Other questions:
  • You want to invest in a stock that pays​ $2.00 annual cash dividends for the next four years. At the end of the four​ years, you
    13·1 answer
  • Why do economists study the money supply? Be sure to mention liquidity in your response.
    6·2 answers
  • Crossroads Mall had 100,000 outstanding shares of common stock. On June 16, 2018, Crossroads repurchased 20,000 shares of its ow
    10·1 answer
  • a form of bank service which automatically takes money out of a checking account at the point of sale is called a? A) debut card
    5·1 answer
  • Connie made deposits of $2000 at the beginning of each year for four years. The rate she earned is 5% annually. What is the valu
    6·1 answer
  • Sanborn Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.
    5·1 answer
  • At the beginning of the current season on April 1, the ledger of Flint Hills Pro Shop showed Cash $2,500; Inventory $3,500; and
    13·1 answer
  • Which of the following statements accurately describe the phases of a business cycle? Check all that apply.
    10·1 answer
  • Asset 1 has an expected return of​ 10% and a standard deviation of​ 20%. Asset 2 has an expected return of​ 15% and a standard d
    11·1 answer
  • if there is an increase in the demand for a good, what will happen to the equilibrium price and quantity of the good exchanged?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!