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Illusion [34]
3 years ago
7

"A floor broker enters the crowd around the Specialist's (DMM's) post to buy 20,000 shares of ABC at the market for a public cus

tomer. The Specialist (DMM) tells the trader "20,000 shares of ABC have been stopped at 25." This means that:"
Business
1 answer:
erica [24]3 years ago
7 0

Answer: the Specialist/DMM has therefore guaranteed $25 to the trader.

Explanation:

A floor broker is simply referred to as an exchange independent member who acts as a broker for members who are being overloaded with orders

A floor broker enters the crowd around the Specialist's (DMM's) post to buy 20,000 shares of ABC at the market for a public customer. The Specialist (DMM) tells the trader "20,000 shares of ABC have been stopped at 25." This means that the Specialist/DMM has therefore guaranteed $25 to the trader

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Wasilko Corporation produces and sells one product. a.The budgeted selling price per unit is $114.Budgeted unit sales for Februa
USPshnik [31]

Answer:

C) $21,080

Explanation:

The computation of the net operating income is given below:

Particulars                                          Per unit               Total

Sales                                                  $114                   $1,128,600

Less: Variable expenses:

Raw material cost (6 pounds for $4)  $24              $237,600

Direct labor cost (2.4 hours for $24)  $58             $570,240

Manufacturing overheads (2.4 hours for $9)  $22  $213,840

Variable selling and admin expenses  $2              $15,840

Contribution margin              $9                           $91,080

Less: Fixed Selling and admin exp                  $70,000

Net operating income                                     $21,080

3 0
3 years ago
Which area of individual competence is lacking in the following scenario?
IrinaVladis [17]

<u>Answer:</u>

<u>Assertion </u>area of individual competence is lacking in the given scenario

<u>Explanation:</u>

Building up a group or team is a helpful way to deal with achieving success. When created and run successfully, a group can be implemented to pool the thoughts and encounters of its individuals looking for an aggregate result. Organizations of different kinds can profit by crafted by groups. A successful group must have the option to share challenges and furnish individuals with input.

Here, in the given scenario, the group leader exerts the feedbacks in a vague and an indirect manner. This creates a sense of confusion among the team and they lack a clear picture of what is happening. This hinders them from asserting their mistakes. By sharing problems and by giving clear feedbacks, one can increase their productivity and they become powerful issue solvers through a worked together exertion.

8 0
3 years ago
Annalise received financial aid offers from two universities.
natima [27]

Answer:

Option A will save her $15,500.

Explanation:

Financial aid is the assistance given to students to cater to a college education. It excludes Scholarships and grants as these are not cost items by other forms of assistance.

<u>Total for University Option A</u> excluding scholarships and grants

Tuition & Fees $10,000

Room and Board $11,500

Work-Study  <u>$ 4,000 </u>

Total for A  <u>$25,500</u>

<u>For university option B</u>

Tuition & Fees  $28,000  

Room & Board $ 9,000

Work-study  <u>$ 4,000</u>

Total for B  <u>$41,000</u>

Option B is more costly than A by :$41,000 - $25,500=$15,500.

Therefore, Option A saves $15,500

5 0
3 years ago
Read 2 more answers
The owners equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year. the owner
natta225 [31]
Net income = revenue - expenses.

The revenue was $100,000 + $19,000 = $119,000
Expenses was $56,000

$119,000 - $56,000 = $63,000 


The net income is $63,000.
4 0
3 years ago
Assume that Leyia and Larry could be persuaded not to begin a family for another five years. What specific budgeting recommendat
xxMikexx [17]

Answer:

The budgeting recommendations will be cutting the expenses on feeding, groceries and every other expenses, in other to save over the next five years. This will prepare Leyia and Larry beforehand to begin a family and also, mitigate hosterity effects of their variable expenses financially for an anticipated $2,400 loss of income for 18 months as well as the expenses for the new baby.

Explanation:

Beginning a family can be a tough task for low income earners. Leyia and Larry will need to wait for five years and cut their expenses( Every expenses) over this waiting period of five years. By so doing, they will have saved enough money to carter for the expenses of new baby.

Also, a $2,400 loss of income, in 18 months is anticipated. Cutting of expenses over the period of five years will reduce the financial hardship effects on the family which Leyia and Larry will begin, after the stipulated five years.

7 0
4 years ago
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