1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
3 years ago
13

ABC stock has just closed at $70.50. A customer has an open order on the Specialist's book (DMM's book) to sell short 100 shares

of ABC at 70 Stop. ABC stock goes ex dividend $.55. The order on the Specialist's/DMM's book the next morning will be:
A. Sell short 100 ABC at 69.45 Stop
B. Sell short 100 ABC at 69.50 Stop
C. Sell short 100 ABC at 69.55 Stop
D. Sell short 100 ABC at 70.00 Stop
Business
1 answer:
Rudiy273 years ago
7 0

Answer:

A) Sell short 100 ABC at 69.45 Stop

Explanation:

When an order is placed below the market (OBLOSS - Open Buy Limits Open Sell Stops) it will be adjusted on the specialist's book for distributions on ex date. This open sell stop order = $70 - $0.55 (dividend) = $69.45

So the adjusted order will be: Sell short 100 ABC at 69.45 stop.

You might be interested in
Insurance can help you:
Arlecino [84]
The Answer Would Be B.
5 0
4 years ago
The following information applies to the questions displayed below.] In each of the cases below, assume Division X has a product
Dmitry [639]

Answer:

$12

Explanation:

Calculation to determine the lowest acceptable transfer price from the perspective of selling division

Using this formula

Lowest Transfer Price = Variable Costs per unit - Internal Savings + Opportunity Cost

Where,

Variable Costs per unit = $12

Internal Savings = $0

Opportunity Cost = $0

Let plug in the formula

Lowest Transfer Price = $12-$0+$0

Lowest Transfer Price = $12

Therefore the lowest acceptable transfer price from the perspective of selling division is $12

7 0
3 years ago
The lock box department at Bank 21 handles the processing of monthly loan payments to the bank, monthly and quarterly premium pa
Andrew [12]

Answer:

8

Explanation:

3 0
3 years ago
Read 2 more answers
Digby has an asset turnover of 1.57 (Asset Turnover = Sales/Assets). That means:_______
Mariulka [41]

Answer:

correct option is B) Each $1.00 of assets in the firm generates $1.57 of sales revenue

Explanation:

given data

asset turnover =  1.57

Asset Turnover = Sales  ÷  Assets

to find out

what is Asset Turnover means

solution

as given that Asset Turnover = Sales  ÷  Assets

we know Asset turnover is measures the company ability

and  Asset turnover is generated sales from the assets it is known as Asset turnover

so as given asset turnover =  1.57 sale revenue is generated by every $1 assets in firm

so here correct option is B) Each $1.00 of assets in the firm generates $1.57 of sales revenue

7 0
3 years ago
"To communicate directly or indirectly facilitate exchanges by informing and persuading audiences to accept an organization's pr
stich3 [128]

Answer:

promotion

Explanation:

In Marketing mix, promotion refers to all the efforts that the company do in order to achieve two objectives :

- Make the consumers aware about their product

- Somehow influence the consumers to purchase the products.

Advertising is the main methods that most companies use in order to create awareness of their product. This might cost a lot of money, but if the advertising campaigns are successful, they will take a lot more in return.

In order to influence the consumers, the company could utilize various techniques. They could use things such as attractive packaging, cheap prices, additional values from the materials/ingredients of the products, innovation, etc.

4 0
3 years ago
Other questions:
  • Marco has noticed that as older adults purchase tablets, they do not know much about how to use them and are frequently aggravat
    5·1 answer
  • In a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and selle
    14·1 answer
  • The Closed Fund is a closed-end investment company with a portfolio currently worth $195 million. It has liabilities of $20 mill
    9·1 answer
  • Hot dog vendors on the beach fail to cooperate with one another on the quantity of hot dogs they should sell to earn monopoly pr
    13·1 answer
  • The three major economic impacts of tourism are. a.Cultural facilities, infrastructure, and employment b.Employment, income, and
    11·2 answers
  • Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during
    14·1 answer
  • If the government increases taxes on foreign steel
    14·1 answer
  • Naples corporation has an unfunded pension liability of $327 million that must be paid in 16 years. what is the present value of
    14·1 answer
  • different levels of planning in supply chain operations management include: group of answer choices general and detailed plannin
    14·1 answer
  • when a new competitor threatened to compete with your team’s product line, you noticed that your teammates started working toget
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!