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AleksAgata [21]
3 years ago
10

Which of the following is/are true about specialists? I. Investment banks generally cannot be specialists. II. Specialists are u

sed by the NASDAQ system. III. Market and limit orders are transacted at specialist posts, but the specialist's own account orders are executed elsewhere. IV. Specialists help maintain continuous trading.
Business
1 answer:
Alborosie3 years ago
7 0

Answer:

The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.

Explanation:

Stock market specialists execute purchase or sale orders commissioned by a stockbroker. In the same way, when there are not enough buyers or sellers, specialists buy or sell on their own against the market trend. That is, they have the obligation to buy when there is not enough demand and the obligation to sell when there is not enough supply, in order to provide stability and liquidity to the market. Specialists play a role comparable to that of an air traffic controller: just as air traffic controllers are in charge of maintaining order among aircraft in flight, specialists maintain a fair and orderly market in the values assigned to them.

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Joy is taking out a car loan which she’ll pay back with interest. Which option will require her to pay the lowest amount in inte
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Lowest amount of interest would be annual compounding.
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3 years ago
Martin Inc. began construction on a building in 2020 and paying a construction company $600,000 in 2020. Martin also had avoidab
Mandarinka [93]

Answer:

$1,000,00

Explanation:

Amount paid to Construction company = $600,000

Additional expenditures in 2021 are Feb 28 = 90,000, Apr. 30 180,000, Jul. 1 = 36,000, Sept. 30 = 64,000. Avoidable interest Cost = 30,000

So, amount to be capitalized in Martin's Building account = $600,000 + $90,000 + $180,000 + $36,000 + $64,000 + $30,000 = $1,000,000

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2 years ago
Why is the just war theory considered a middle path between realism and pacifism?
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Answer: it is considered a middle path between realism and pacifism because it states that violence or military force can only be used in very specific occurrences. And that military force can only be used in cases in self defense or to protect civilIan’s.

Explanation:

4 0
3 years ago
Whispering Winds Corporation owns equipment that cost $64,800 when purchased on April 1, 2013. Depreciation has been recorded at
Aleonysh [2.5K]

Answer:

(a) update depreciation for 2018

Debit ; Depreciation $10,800

Credit Accumulated Depreciation  $10,800

(b) record the sale

Debit : Cash $12,960

Debit : Accumulated Depreciation $62,100

Credit : Profit and Loss $10,260

Credit : Equipment at Cost $64,800

Explanation:

(a) update depreciation for 2018

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7 0
3 years ago
Rushmore Company provided services for $45,000 cash during Year 1. Rushmore incurred $36,000 of operating expenses on account du
laila [671]

Answer:

The amount of the net income shown on the income statement is $9,000

Explanation:

The computation of the net income is shown below:

Net income = Services provided for cash =  operating expenses incurred

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Note: Options are shown in the attachment

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3 years ago
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