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4 years ago

Explain the differences among dealer-broker networks, alternative trading systems, and registered stock exchanges.

Business

1 answer:

Lady_Fox [76]4 years ago

5 0

Answer:

A dealer-broker networks means that the broker and dealer is a counterpart in all trades,the broker dealer buys stocks from a seller and sells them to a buyer.

Some trading avenues in which broker and dealer is no longer a counterpart in all trades instead buyers can trade directly with sellers is called an Alternative Trading Systems. Broker dealer must register an Alternative Trading Systems with Securities and Exchange Commission (SEC) which imposes more regulatory requirements than the standard broker dealer network. It is costly for broker-dealer to provide the infrastructure for an Alternative Trading Systems, therefore they charged subscription fees.

Registered stock exchanges are registered with Securities and Exchange Commission (SEC), they are more regulated than Alternative Trading Systems and broker dealer network and its major objectives is to promotes orderly trading and fair dissemination of information including price and number of shares and pre-trade information.

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Use the table above to determine;

yKpoI14uk [10]

Answer:

the answer to a is 3 same as b

4 0

3 years ago

Read 2 more answers

The substitution effect of a change in the price of bananas refers to the way in which a change in the:______.

Vladimir79 [104]

The substitution effect of a change in the price of bananas refers to the way in which a change in the price of a substitute affects the demand for bananas.

What is change in the price?

The difference between an asset's original and final values is known as the price change. It might be detrimental or beneficial. Investor choices are influenced by price movements. Investor confidence will be high for a financial instrument that exhibits a steady price increase over time.

Therefore,

The substitution effect of a change in the price of bananas refers to the way in which a change in the price of a substitute affects the demand for bananas.

To learn more about change in the price from the given link:

brainly.com/question/688645

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2 years ago

Division Y of the same company would like to purchase 10,075 units each period from Division X. Division Y now purchases the par

Tanya [424]

Answer:

Unless division X's variable cost of production per unit is higher than $32, which I doubt, then the company is losing money. Division X is not working at full capacity so they have spare capacity to provide the 10,075 units that division Y needs. Obviously the outside supplier is making money when it sells its product at $32, so this scenario is not logical.

7 0

3 years ago

Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $364.182, net fixed assets of $

Margarita [4]

Answer:

correct option is B. 1.40

Explanation:

given data

total assets = $689,400

long-term debt = $198,375

total equity = $364.182

net fixed assets = $512,100

sales = $1,021,500

profit margin = 6.2 percent

solution

we get here first current assets that is express as

current assets = Total assets - net fixed assets ...................1

put here value

current assets = $689,400 - $512,100

current assets = $177300

and now we get Current liabilities that is express as

Total liabilities = Total assets - Total equity .............2

Current liabilities + Long term debt = Total assets - Total equity

Current liabilities = Total assets - Total equity - Long term debt ...........3

put here value

Current liabilities = $689400 - $364182 - $198,375

Current liabilities = $126843

so here Current ratio will be

Current ratio = current assets ÷ Current liabilities .............4

Current ratio = $\frac{177300}{126843}$

Current ratio = 1.40

so correct option is B. 1.40

6 0

3 years ago

On December 31, 2020, Berclair Inc. had 460 million shares of common stock and 3 million shares of 9%, $100 par value cumulative

earnstyle [38]

Answer:

Basic earnings per share = $1.46

Diluted earnings per share = $1.40

Explanation:

Basic earnings per share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stockholders

Earnings Attributable to Holders of Common Stock Calculation :

Net income for the year ended December 31 $700,000,000

Less Preference dividend ( 3,000,000 × 9%×$100×5%) ($1,350,000)

Earnings Attributable to Holders of Common Stock $698,650,000

Weighted Average Number of Common Stockholders Calculation :

Common Shares 1 January 2021 460 million

Purchased On March 1, 2021, (10/12×24,000,000) 20 million

Weighted Average Number of Common Stockholders 480 million

Basic earnings per share = $698,650,000/ 480,000,000

= $1.46

Diluted earnings per share = Adjusted Earnings Attributable to Holders of Common Stock /Adjusted Weighted Average Number of Common Stockholders

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Net income for the year ended December 31 $700,000,000

Less Preference dividend ( 3,000,000 × 9%×$100×5%) ($1,350,000)

Earnings Attributable to Holders of Common Stock $698,650,000

Adjusted Weighted Average Number of Common Stockholders Calculation

Common Shares 1 January 2021 460 million

Purchased On March 1, 2021, (10/12×24,000,000) 20 million

Weighted Average Number of Common Stockholders 480 million

Diluted earnings per share = $698,650,000/ 500,000,000

= $1.40

8 0

3 years ago