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
mylen [45]
3 years ago
12

"A customer places an order to sell 100 shares of ABC at the market. The initial execution report shows the trade occurring at $

75.50. The firm later discovers that the trade occurred at $75.13. Which statement is TRUE?"
Business
1 answer:
Lostsunrise [7]3 years ago
4 0

Answer: The customer will receive $7,513 less any applicable commissions

Explanation: Based in the description made in the scenario above, with the initial execution report carrying a trade value different from the actual trading value of the shares. Since the error actually occurred in the initial execution report and not in the actual trade bargain, the the customer will receive $75.13 which happens to be the actual trading price as opposed to the $75.50 as reported initially. Hence, the initially issued and faulty execution report is withdrawn and the customer is issued with a corrected copy carrying a value of $75.13.

You might be interested in
Which of the following statements about advertising is most accurate? Advertising is the least costly form of promotion because
jek_recluse [69]

Answer:

The correct answer is letter "E": Through advertising, a company can control, to some extent, to whom the message is sent.

Explanation:

Advertising is the main key to Marketing by which companies promote their goods or services in an attempt to attract a target population. However, the process of determining what advertising technique a firm will use is not that simple. A series of psychological approaches are used to reach consumers strategically.

<em>Companies at a certain level, manage their marketing audience. Though, different mediums of communication allow people of all kinds, not necessarily the company's target population, to be aware of the promotion somehow.</em>

8 0
3 years ago
A tractor to help with farm work would be an example of what kind of economic resource?
Ymorist [56]
<span>D. A human resource </span>
7 0
3 years ago
PLEASE HELP ME<br> My career is a traveling nurse
Damm [24]

Answer:

Step by step explanation

5 0
3 years ago
Effective reading involves what four steps? Select one: a. Preparing, reading, capturing key ideas, and reviewing. b. Preparing,
lidiya [134]

Answer:

Preparing, reading, capturing key ideas, and reviewing.

Explanation:

8 0
3 years ago
[The following information applies to the questions displayed below.] Laser Delivery Services, Inc. (LDS), was incorporated Janu
Rasek [7]

Answer:

a.

Date          Account Details                                  Debit                       Credit

                 Cash                                                $27,000

                 Common Stock                                                                 $27,000

b.

Date          Account Details                                  Debit                       Credit

                 Land                                                 $9,000

                  Notes Payable                                                                  $9,000  

c.

Date          Account Details                                  Debit                       Credit

                 Vehicles                                           $18,000

                 Cash                                                                                 $2,000

                 Notes Payable                                                                 $16,000

d.

Date          Account Details                                  Debit                       Credit

                 Vehicles                                               $800

                 Cash                                                                                    $800

e. This does not require a journal entry as it is a personal transaction.

3 0
3 years ago
Other questions:
  • Unlike advertising, public relations Multiple Choice supports promotional efforts by generating free media attention and goodwil
    12·1 answer
  • Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together r
    13·1 answer
  • Your U.S.-based company has recently purchased an old office building where employees are being assigned to work. As you are set
    11·1 answer
  • Miller Corporation issued 6000 shares of its​ $5 par value common stock in payment for attorney services billed at​ $54,000. Mil
    11·1 answer
  • Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was
    12·1 answer
  • Identify the main source areas and explain two key push factors associated with the early twentieth-century peaks. Discuss how c
    10·1 answer
  • Suppose Joe purchases the factory using $200,000 of his own money and $200,000 borrowed from a bank at an interest rate of 6 per
    11·1 answer
  • On January 1, 2016, American Corporation purchased 30% of the outstanding voting shares of Short Supplies common stock for $240,
    10·1 answer
  • The objective section of a resume should consist of no more than:
    9·1 answer
  • Using the data below, determine the ending inventory amount assuming the weighted average method under a periodic inventory syst
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!