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4 years ago

All of the following statements regarding the short sale of a listed security are true EXCEPT:

Business

1 answer:

devlian [24]4 years ago

8 0

Answer: the buyer must be advised that he is purchasing borrowed shares

Explanation:

The statements regarding the short sale of a listed security that are true are:

• a short sale can be effected at any time in the trade sequence.

• short sales may take place at the opening.

• short sales may take place at the closing.

It should be noted that at anytime in trade sequences, short sales can be effected either at the opening or during the closing. Also, buyers are not told that the shares that they're buying being represent borrowed shares.

Therefore, option A is the correct answer.

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I was working on a trading desk. One year, my team did not make its number, which meant no bonuses and maybe even some of us wou

Elodia [21]

The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.

<h3>What is meant by ethical trap?</h3>

This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.

What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.

Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.

Read more on ethics here:

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2 years ago

Your client has been in touch to ask how they can deactivate the multicurrency setting. How would you respond? Choose the correc

Ipatiy [6.2K]

Answer: 2. Once multicurrency has been activated, it cannot be deactivated

Explanation:

Quickbooks is an accounting software mostly for small to medium businesses.

One of the features they offer is the multicurrency setting which enables users to record transactions in a host of foreign currencies.

This feature however requires care to be used simply because once it is turned on, it cannot be deactivated. For this reason Quickbooks warns the user several times before they activate it.

7 0

3 years ago

Classy Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includin

Alina [70]

Answer:

a. Contribution margin per passenger = $40

b. Contribution margin ratio = 50%

c. Operating Income = $160,000

d. Operating Income = $27,500

Explanation:

a. Contribution margin per passenger = Ticket price per passenger - Variable cost per passenger

Contribution margin per passenger = $80 - $40

Contribution margin per passenger = $40

b. Contribution margin ratio = Contribution margin per passenger / Ticket price per passenger

Contribution margin ratio = $40 / $80

Contribution margin ratio = 0.5

Contribution margin ratio = 50%

c. Contribution margin per passenger = $40

Sales (in units) = 13,000 Passengers

Total Contribution = $520,000

Fixed Costs = $360,000

Operating Income = $160,000

d. Sales revenue = $775,000

Contribution margin ratio = 50%

Total Contribution =$387,500 ($775,000 * 50%)

Fixed Costs = $360,000

Operating Income = $27,500

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3 years ago

Select the examples that best demonstrate likely tasks for Revenue and Taxation workers. Check all that apply.

ArbitrLikvidat [17]

Awnser: A, B, and E.

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3 years ago

"Between 2000 and 2008, the price of oil increased from $30 per barrel to $140 per barrel, and the price of gasoline in the Unit

KiRa [710]

Answer:

C) There was no price control on gasoline at the time.

Explanation:

During the 1970s the US government established a price ceiling on gasoline, but as all price ceilings set below the equilibrium price, it results in both a deadweight loss and a supply shortage.

Since the price is "too cheap", then the quantity demanded will be more than the quantity supplied. Rising costs in gasoline production made things worst, since suppliers were constantly reducing their supply of gasoline, while consumer demand was constantly increasing.

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3 years ago