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Anna71 [15]
3 years ago
8

A customers calls her broker to discuss her account. The broker recommends that the customer buy 500 shares of DEF stock. The cu

stomer tells the broker to do it, and the broker enters the order and gets a trade execution report back less than a minute later. The broker informs the customer that the trade was executed and tells her the price of the trade. This is an example of a:__________.A. Market orderB. Market - Not Held orderC. Limit orderD. Stop order
Business
1 answer:
KIM [24]3 years ago
3 0

Answer:

A. <u>Market Order</u>

Explanation:

In a market order, the securities are bought and sold immediately at the current market price prevailing at that time of the day.

Under this, order size is entered such as quantity of stock, the action to be taken i.e buy or sell and no buying/selling rate is mentioned, rather "market" option is checked.

Such market price keeps fluctuating every every moment so the order would be completed at that price which prevailed at that exact moment.

In the given case, the broker upon instructions of the client immediately got the order executed of 500 shares in less than a minute. This is the case of market order wherein the order was executed at current market price.

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A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution
Mashutka [201]

Answer:

Income = $30,000

Explanation

<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product </em><u><em>with he highest contribution per unit of the scare resource</em></u>

Product       Cont/unit          machine hr /unit    cont/hr    Ranking

A                    $8                    2 hrs                      $4/hr             2nd  

B                    $18                  3 hrs                       $6/hr            1st

<em>Hence the company should allocate the resource to the product B</em>

<em>Hence the total contribution</em>

= 5000 hrs × $6 per hr.

= $30,000

Income = $30,000

6 0
3 years ago
Which costs are correlated with the firm’s sales and include the costs of labor, raw materials, and sales commissions?
Llana [10]

Answer:

The correct answer is letter "B": direct.

Explanation:

Direct Costs for finished goods refer to the items and services directly used in production. Other costs such as rent and insurance for the production site are indirect costs. Examples of direct costs are direct labor and materials, manufacturing supplies or even commissions out of sales.

6 0
3 years ago
Tracy and Lance, equal shareholders in Macaw Corporation, receive $600,000 each in distributions on December 31 of the current y
Lorico [155]

Answer:

B. $300,000

Explanation:

Macaw Corporation increased its E & P last year for the entire amount of the deferred gain on the installment sale. Since one-half of the $800,000 gain is included in taxable income in the current year, taxable income should be reduced by this amount to determine current E & P. Therefore, Macaw Corporation’s current year E & P is $600,000 ($1 million taxable income – $400,000 of installment sale gain). Because one-half of the current E & P is allocated to Tracy’s distribution, she has a $300,000 dividend

6 0
3 years ago
Companies create a division of labor among employees in order to: 0 a. allow each employee to perform one task at a high level.
sergejj [24]

Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

<h3>What is division of labor?</h3>

It involves Sharing of duties or job among individuals or employee.

An employee is allowed to handle a particular task for efficiency.

Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

Learn more on labor below?

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3 0
2 years ago
If an employeeâs manager issued an explicit or strongly implied threat that submission to sexual demands is a condition of the e
Mrac [35]

If an employee manager issued an explicit or strongly implied threat that submission to sexual demands is a condition of the employee's job, it would be an example of quid pro quo" harassment.

Protect individuals from discrimination based on characteristics such as race, nationality, religion, and gender. These rights are guaranteed to all citizens under the due process and equal protection clauses of the United States Constitution and the laws of Congress.

The Civil Rights Act of 1964 outlawed discrimination in employment based on race, color, national origin, religion, or sex, and the Equal Employee's Opportunity Commission was appointed to investigate discrimination and enforce the bill's provisions. established a meeting.

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3 0
1 year ago
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