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skelet666 [1.2K]
4 years ago
11

The Cookie Co. would like to sell 500 shares of stock using the Dutch auction method. The bids received were Bidder A, 200 share

s at $40; Bidder B, 300 shares at $39; Bidder C, 500 shares at $38; and Bidder D, 400 shares at $37. What will be the gross proceeds from this auction
Business
1 answer:
liberstina [14]4 years ago
8 0

Answer:

$19,700

Explanation:

The total proceeds from the auction will be calculated as follows:

A. 200 shares for $40 = 200 shares * $40 = $8,000

B. 300 shares for $39 = 300 shares * $39 = $11,700

This makes a total of 500 shares at a total proceeds of $19,700

In Dutch auction method rate per share is noted by the auctioneers to calculate the highest proceeds which can be generated through the auction. The bid from the highest rate are entertained first and in this case bidder A and B are selected.

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Rankings of countries throughout the world by potential political risks typically place Scandinavian and European countries such
Lunna [17]

Answer:

True

Explanation:

Political instability is a risk to a business. For a business to thrive,  the economy should be free from political unrest or turbulence. Countries that experience political turmoils are characterized by civil unrest, violence and rooting, and industrial actions that result in low economic growth.

Political stability gives confidence to investors that their investments are protected by the government and will grow. The economy of a politically stable country can be predicted many years into the future. Many investments need a long time to break even and make returns. Political unrest cause massive destruction of properties and business. Investors in stable countries are assured of their safety and the safety of their investments.

8 0
3 years ago
Assume that Zambia has a domestic investment of $1500 billion, private domestic savings of $3000 billion, and a government defic
nexus9112 [7]

Answer:

$1,500

Explanation:

Domestic investment = $1500 billion

Private domestic savings = $3000 billion

Government deficit = $2000 billion

Rise in government spending = $1000 billion

Now,

Trade deficit =

Domestic investment - Private domestic saving - Government savings

also,

Total Government deficits = $2,000 + $1000

= $3,000

and,

Government savings = - Government deficits

= - $3,000

Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion

thus,

Trade deficit = $1,500 - $3,000 - (- $3,000)

or

= $1,500

4 0
3 years ago
11. What does a bank use to make loans? *
maxonik [38]

Explanation:

11.

Banks use depositors' money to make loans

12.

A central bank, such as the Federal Reserve in the U.S., will use expansionary monetary to strengthen an economy. 

13.

Contractionary policies are macroeconomic tools designed to combat economic distortions caused by an overheating economy.

3 0
3 years ago
Education is the basic requirement for profession.Explain this statement​
True [87]

Answer:

The answer is below

Explanation:

Education is considered the basic requirement for the profession because, through education, people get to learn the basic knowledge required to perform a profession.

For example, a medical doctor or physician profession requires education in core biological science subjects such as microbiology, human anatomy, medical rehabilitation, dentistry, etc.

Education gives the professional the knowledge to anticipate, predict, and carry out the right solution to any problem that needs to be solved under his or her profession.

For example, a civil engineer needs education in architectural and engineering drawing to translates the drawing into reality or an actual project.

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3 years ago
If you wanted to make sure a company has enough money available to pay ts
vovikov84 [41]

Answer:

D

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The cash flow statement, as the name implies, report the use of company's real cash use in three area: investing, operating and financing activities as well as cash available at the beginning of the period and the end of the period as the result of three activities mentioned above.

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3 years ago
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