The correct answer is purchasing process.
Anytime that inventory needs to be ordered there is a process that needs to be followed. Quite often, this process is going to involve a purchase order. A purchase order is a document that the buyer issues to a seller. It is an official order being placed and includes all of the purchase information like brand, specifications, price, quantity and shipping costs. A possible process in this case would be that Joel would supply all of the information to the purchasing department, the purchasing department would create the purchase order and then a manager would sign it and send it to the supplier.
Answer:
Average price = $16.56
Explanation:
The weighted average price is the average value of a group of shares bought and different points in time and at different prices.
It is the average value that considers the proportion of each share (weight) purchased at a particular price when computing the average price of a group of shares. The implication of this method of computing average is simply that shares with higher quantity (weight) will have their prices more represented than those with lower quantity.
This average price is useful to evaluate and track the performance of an investment that is made of series of transactions by comparing the average price to the market price.
To calculated the weighted average price, we multiply the quantities of shares purchased by their respective prices and sum all together and then divide by the total quantity of shares.
We can apply this to the question
Weighted average price = ( (1300× $17) +( 900× $12) + ( 800× $21))/3,000
= 49,700/3,000
= $16.56
Note 800 in bold is the balance of shares as stated in the question which is 3000 - (1300+ 900) = 3,000- 2,200 = 800.
Answer:
1. Which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?
a. 1, 2, 5, and 6 only.
2. More than 75% of the world's income is earned by what percentage of the world's population?
d. 5%.
Explanation:
The above options are the solutions to the questions asked. In terms of the world's income, 5% of the world's population earns 75% of the world's income.
Answer:
The correct option is D,form a corporation
Explanation:
The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.
Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.
When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.
Answer:
The answer is a. Market value per share is the price at which a stock is bought and sold.
Explanation:
For shares that are listed in the stock exchange, the market value per share is the price of share at which share is currently traded. In other words, this is the fair value of the share and at this price, share can be readily sold or bought.
(b) is not correct because it describes the commitment (usually made by an investment bank) to purchase newly issued shares at predetermined price when those shares are not purchased by other investors in the market.
(c) describes a type of stock rather than the definition of market value per share.
(d) describes Preemptive right rather than the definition of market value per share.