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3 years ago

Most stock exchanges today use floor trading with human brokers.

Business

1 answer:

finlep [7]3 years ago

3 0

Answer: False

Explanation:

According to a report by CNBC in 2017, floor trading accounts for about 10% of market transactions in stock exchanges in recent times.

Since the Advent of Electronic trading, most traders have switched to using computers and software which manage the trading for them to make it more efficient.

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If Patty Shoemaker estimates that her $400 weekly grocery bill will increase at an annual inflation rate of 5%, what should her

balu736 [363]

Answer:

the weekly grocery bill in 4 years is $486.2025

Explanation:

The computation of the weekly grocery bill in four years is shown below:

= Estimated amount × (1 + rate of interest)^number of years

= $400 × (1 + 0.05)^4

= $400 × 1.21550625

= $486.2025

hence, the weekly grocery bill in 4 years is $486.2025

We simply applied the above formula so that the correct value could come

And, the same is to be considered

6 0

3 years ago

Tyler company has been approached by a new customer with an offer to purchase 6,000 units of its product kr200 at a price of $11

Lilit [14]

So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.

8 0

4 years ago

If bonds are issued at 101.25, this means that ____________________

Whitepunk [10]

Answer:

c.a $1,000 bond sold for $1,012.50.

Explanation:

We assume the par value is $1,000 and since the bond is issued at 101.25 that means its selling price is

= $1,000 × 101.25%

= $1,012.50

Since the bond is issued more than the face value that reflects the premium and if the bond is issued less than the face value so it is issued at a discount

So the right option is c.

4 0

3 years ago

Lightfoot Company sells its product for $55 per unit and has variable costs of $30 per unit. Total fixed costs are $25,000. Supp

soldi70 [24.7K]

Answer:

The Break-even point in units will increase by 250 units.

Explanation:

Giving the following information:

Fixed costs= $25,000

Selling price= $55

Unitary varaible cost= $30

<u>First, we need to calculate the current break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 25,000 / 25

Break-even point in units= 1,000

<u>Now, the new Break-even point in units:</u>

Break-even point in units= 25,000 / (55 - 35)

Break-even point in units= 1,250

The Break-even point in units will increase by 250 units.

7 0

3 years ago

Under a municipal revenue bond rate covenant, rates must be set to cover all :_________

stepan [7]

Answer:

D. optional sinking fund deposits

Explanation:

The revenue bond rate convenants needed that the rate should be set for the level that could be enough for covering a facility operation and maintenance also the debt service cost is considered

But there is no requirement to cover the option sinking fund or the deposit with respect to the reserve fund

Therefore according to the given case, the option D should be chosen

7 0

3 years ago