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Alik [6]
3 years ago
13

An investor who has a margin account with his brokerage firm buys 100 shares of Quick Flip Inc. Later that day, the investor sel

ls 100 shares of Quick Flip Inc. Without other holdings in Quick Flip Inc, would this sequence of transactions be considered a day trade?
Business
1 answer:
Hoochie [10]3 years ago
6 0

Answer:

Yes  this sequence of transaction is considered as a day trade.

Explanation:

As per the definition of the day trading, <em>Day trading is defined as the purchase and sale of a security within a single trading day. It can occur in any marketplace but is most common in the foreign exchange (forex) and stock markets.</em>

As per this definition, the trading has to be done such that the purchase and sale is made on the same day. As indicated in the question ,this is the case so the given sequence of transactions is a day trade.

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Answer:

If an = 3n - 2 , find a2

Explanation:

If an = 3n - 2 , find a2If an = 3n - 2 , find a2

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2 years ago
Question Content Area Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product wou
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Flyer would have to cut $2 per unit  in order to meet the new target cost.

<h3>What is target cost?</h3>

The target cost of a product is the expected selling price of the product minus the desired profit from selling

First, we need to get the target cost

= Target Selling price per unit - Target profit per unit

= $48 - ($48 x 0.125)

= $48 - $6

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Then,  Flyer have to cut costs per unit

= Cost for product - Target cost

= $44 - $42

= $2

Hence, Flyer would have to cut $2 per unit  in order to meet the new target cost.

Learn more about target costs here: brainly.com/question/15237816

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8 0
1 year ago
A business chartered by a state that legally operates as a separate entity from the owner(s) is called
Svetllana [295]
A business operated by state legally...... is called corporation 

7 0
3 years ago
Read 2 more answers
If a corporation is found guilty of committing a crime and assessed a fine, who typically ends up being punished?
Afina-wow [57]

Answer:

Option (A)

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If a corporation is found guilty of committed a crime. Then the corporation likely to face a hefty fines for committing a crime. This means the owners of the corporation and its stake holders are responsible for this crime if any of the employee of the corporation commits a crime. Hence at last the owners of the corporation and the stake holders are end up being punished.

5 0
2 years ago
Classify each item as an asset, liability, common stock, revenue, or expense. (a) Issuance of ownership shares. select the corre
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Answer:

The classified list of items is as follows:

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(b) Land purchased - Asset

(c) Amounts owed to suppliers - Liability

(d) Bonds payable - Liability

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Hence, all the items are classified as asset, liability, revenue, common stock and expense.

8 0
3 years ago
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