Describe how stocks are traded

1 answer:

8 0

Orders come in through brokerage firms that are members of the exchange and flow down to floor brokers who go to a specific spot on the floor where the stock trades. At this location, known as the trading post, there is a specific person known as the specialist whose job is to match buyers and sellers.

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What is the term that refers to the management and processing of information using computers and computer networks?

Lapatulllka [165]

Information Technology refers to the management and processing of information using computers and computer networks. People who are trained in this field must be able to use computers for the storage of data, data retrieval, sending data, processing data, maintenance and a bunch of other technical duties. Information technology requires an understanding of computer software, hardware and networks.

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3 years ago

Tawstir Corporation has 400 obsolete personal computers that are carried in inventory at a total cost of $576,000. If these comp

34kurt

Answer:

If the company upgrades the units, income will increase by $20,000 (compared to sell as-is).

Explanation:

Giving the following information:

Units= 400

If these computers are upgraded at a total cost of $100,000, they can be sold for a total of $160,000.

As an alternative, the computers can be sold in their present condition for $40,000.

We won't take into consideration costs before the upgrade, because they will remain in both options.

Sell as-is:

Effect on income= $40,000 increase

Continue processing:

Effect on income= 160,000 - 100,000= $60,000 increase

If the company upgrades the units, income will increase by $20,000 (compared to sell as-is).

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3 years ago

True or false: Interest expense and income tax expense are considered general and administrative expenses and, therefore, are in

VMariaS [17]

Answer:

The statement is: False.

Explanation:

The cost of borrowing money is the Interest Expense. On an Income Statement, interest expense is shown as a non-operating expense. Tax expense represents the total amount of taxes an individual or organization is responsible for. On an Income Statement, tax expenses are recorded as tax payable.

Neither interest expense nor income tax expense is considered in the general or administrative budget since they are complicated to estimate because both of them rely on the actual production of the firm during the course of its operations.

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4 years ago

Why is effective written communication important in the workplace?

Andrej [43]

Clear messages help build trust and integrity between the writer and the reader. Well-written communication helps define goals, identify problems and arrive at solutions. This is important in every aspect of business. Executives must clearly write memos so that staff understands the directives without confusion. Hope it helps!

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3 years ago

Identify an advantage of working in teams.

KatRina [158]

Answer:more ideas

Explanation:

Just took the quiz

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3 years ago

Read 2 more answers