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kirza4 [7]
3 years ago
15

The difference between the price at which a dealer is willing to buy and the price at which a dealer is willing to sell, is call

ed the __________. Group of answer choices
Business
1 answer:
Mademuasel [1]3 years ago
7 0

Answer:

Bid-ask spread.

Explanation:

The difference between the price at which a dealer is willing to buy and the price at which a dealer is willing to sell, is called the bid-ask spread.

Simply stated, the bid-ask spread refers to the amount by which the bid price by a dealer is lower than the ask-price for a security or an asset in the market at a specific period of time.

The bid-ask spread exists because of the need for dealers to cover expenses and make a profit. A bid-ask spread is use in the transaction of the following items; options, future contracts, stocks, and currency pairs.

Generally, a dealer who is willing to sell an asset or securities would receive a bid price while the price at which the dealer is willing to sell his asset to another dealer (buyer) is the ask price.

<em>Hence, the bid-ask spread is simply the difference between the ask price and the bid price. Therefore, a bid-ask spread is a measure of the demand and supply for an asset; where demand represents the bid while supply represents the ask for an asset. </em>

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Walker Clothing Store has a balance in the Accounts Receivable account of $390k at the beginning of the year and a balance of $4
lesantik [10]

Answer:  The average collection period of the receivables in terms of days was 73 days.

Explanation:

Given that,

Accounts Receivable at the beginning of the year = $390,000

Accounts Receivable at the end of the year = $410,000

Net credit sales during the year = $2,000,000

Average collection period of the receivables in terms of days:

Average accounts receivables = \frac{410000 + 390000}{2}

= 4,00,000

Net credit sales = \frac{2000000}{400000} = 5

∴ Accounts receivable days = \frac{365}{5}

= 73 days

The average collection period of the receivables in terms of days was 73 days.

4 0
3 years ago
If Mike asked customers to complete a customer feedback survey after using his car detail service, he probably increased the lev
RideAnS [48]

Answer: b.) post-purchase evaluation

Explanation:

Post-purchase evaluation as the term implies, is done after the product is purchased and checks how well the product does what it is meant to do.

When Mike asks customers to complete a feedback survey, they will indicate on the survey what they thought of his service such that he would know whether he fulfilled his purpose for the service. This therefore includes the customers in the post-purchase evaluation.

3 0
3 years ago
If the marginal product of labor is increasing, the marginal cost of output must be
SVETLANKA909090 [29]
Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.



If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.



Hope that helps!!!
4 0
3 years ago
Rocco earns​ $19.00 per hour for straight time​ (40 hours), and the company pays him​ time-and-a-half for overtime. he worked 49
hram777 [196]
The solution to get the gross pay for the week of Rocco;First we will calculate the straight time pay which is (40 x $19.00) = $760,  second is the overtime pay which is (3 x $19.00 x 1.5) = 85.5, we will just add the straight time pay and overtime pay to get the gross pay and it is $845.5
4 0
3 years ago
Social responsibility is know as ______.
FinnZ [79.3K]

Answer:

B. people and community

Explanation:

Social responsibility is known as people and community. In other words it refers to any and all responsibilities that you may have when being part of a community or society to make that community better. This involves a wide range of responsibilities or obligations such as volunteering, cooperating with others, ethical and moral choices, etc. Anything that benefits the larger structure that you are part of would be considered a social responsibility.

6 0
3 years ago
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