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goldfiish [28.3K]
3 years ago
6

Approximately __________ of trades involving shares issued by firms listed on the New York Stock Exchange actually take place on

the New York Stock Exchange.
A.50%
B.75%
C.80%
D.95%
Business
1 answer:
Sophie [7]3 years ago
6 0

Answer: B. 75%

Explanation: The NYSE accounts for a large majority of equity trades in the North America and worldwide. But not all trades actually do go on on the NYSE. I think this is because in 2007 they acquired Euronext which combined the NYSE with the five major European exchanges, inclusive of the Paris Bourse, Amsterdam, the London International Financial Futures etc. This merger bumped up their trading capacity to up to 10 billion shares per day. While 75% of trades do go on on the NYSE, the rest are handled by the other aspect of the merger deal, Euronext.

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If university printers outsources the personnel department functions, what is the maximum they can pay an outside vendor without
Fittoniya [83]

Answer:

$27,600

Explanation:

The maximum amount that the university should pay must be equal to the variable costs of the personnel department. The department's total costs are $35,500 and the variable costs are $22,000 and the avoidable fixed costs are $5,600, so as long as the university pays up to $27,600 (= $22,000 + $5,600) to the outside vendor, then it will not have increased its total costs.

The fixed non-avoidable costs = $35,500 - $22,000 - $5,600 = $7,900 will remain regardless of what decision is made. If the university pays more than the variable costs and avoidable fixed costs, e.g. $28,000, then total costs would be $36,900 which results in a $400 increase.

6 0
4 years ago
Read 2 more answers
Government inputs, especially the 1825 Erie Canal and subsequent projects like the Chesapeake and Ohio Canal, created an economi
QveST [7]

Answer:

The statement that “Government inputs, especially the 1825 Erie Canal and subsequent projects like the Chesapeake and Ohio Canal, created an economic advantage for the Northern states because the expense and time of moving freight dropped radically,” is True.

Explanation:

This is on the grounds that tax collection doesn't devastate the economy. Actually, they give income to the administration through which the legislature can back its improvement and government assistance ventures. In addition, burdens additionally fill in as an arrangement of salary re-conveyance for accomplishing higher fairness in an economy. What's more, in antiquated occasions refrigeration was finished utilizing ice-houses and so on.

5 0
4 years ago
A corporation has issued $100 par, 6 1/2% cumulative convertible preferred stock, callable at par. The preferred is convertible
Nikitich [7]

Answer:

$0

Explanation:

Amount paid by the customer for 100 preferred stock = 100 * $100 = $10,000

Number of preferred stock when converted to common stock = 100 * 2 = 200 shares

Revenue from selling the 200 shares = 200 * $50 = $10,000

Profit or loss to customer = Revenue from selling the 200 shares - Amount paid by the customer for 100 preferred stock = $10,000 - $10,000 = $0

Therefore, the customer made no profit nor loss.

8 0
4 years ago
Through social media connections, marketers and customers share information by Multiple Choice media buying. connecting customer
dimulka [17.4K]

Answer: Uploading pictures, music, and videos.

Explanation:

Social Media has made connections between marketers and customers easier and more widespread. They are able to share information amongst themselves through various means such as discussions on products as well as uploading pictures, music and videos.

Through these uploads of pictures, music and videos, marketers and consumers can share information relating to new products, product performance and the like. For instance, in the movie industry, trailers are frequently uploaded on social media sites to enable the movie gain traction before it is released and this method has worked wonders for movie premiers.

7 0
3 years ago
The general ledger account for Accounts Receivable shows a debit balance of $50,000. The Allowance for Doubtful Accounts has a c
ra1l [238]

Answer:

$2,500

Explanation:

Bad debts are debts that have been estimated to be irrecoverable, in that case such debts are normally written off to profit and loss account and eliminated by a credit entry to the debtors account.

The allowance for doubtful accounts are provisions made for debts in the account receivable accounts that may be considered doubtful of collection.

The accounting entry for doubtful debt is a debit to profit and loss account and a credit to provision for doubtful debt account. Provision for doubtful debt is made after bad debt has been deducted from the debtors account.

Therefore 5% of $50,000 = $2,500 represents provision for bad debt.

7 0
3 years ago
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