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Gnesinka [82]
3 years ago
9

Sam placed a limit order to sell 500 shares of stock at $14 a share. Which of the following does Sam know for sure?

Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

Answer:

His order may never execute and,

He could receive more , but not less, than $14 a share

Explanation:

A limit order places a pre specified price for buying or selling a security. Such a mechanism is used to limit or restrict the extent of losses the investor may suffer.

For example, an investor is desirous of purchasing the stock of XYZ Co whose current market price is $100. The investor places a limit that his buy order shall only be executed once the stock price touches $90 or lower than that.

In this case, the moment market price touches $90, the order shall be executed and the purchase shall be complete. The flip side being, the order may never be executed if the price never reaches the limit prescribed.

In the given case, Sam placed a sell limit order wherein 500 shares of stock would be sold once the price reaches $14 or higher. So in this case, if the price does reach $14, he would at least receive $14 or higher, but not lower than $14 since below this price, the order will not be executed.

Also, there is no guarantee that the order will be executed since it depends upon the share price reaching $14, which may or may not happen.

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Wagner & Sons, Inc. perform property appraisals for commercial real estate transactions. The following transactions were com
crimeas [40]

Answer:

Date   Account Title                  Debit     Credit

1-Jul    Supplies                           $345

                Accounts Payable                   $345

2-Jul   Utilities expense               $700

                 Cash                                        $700  

3-Jul    Salaries expense             $875

                 Cash                                         $875

8-Jul     Cash                               $4,015

                  Accounts Receivable            $4,015

12-Jul    Accounts Receivable   $11,000

                   Revenue earned                   $11,000

8 0
3 years ago
Where can you find information about the cost of goods sold as well as total
yawa3891 [41]

The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.

<h3>What is the cost of goods sold? </h3>

Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.

A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.

Learn more about the cost of goods sold, here:

brainly.com/question/14665160

#SPJ1

3 0
1 year ago
In this situation, the male employees are individual members of an organization that are engaged in a conflict because of their
N76 [4]

Answer:

<u>Interpersonal </u>

Explanation:

When a conflict arises between individual members of an organization owing to differences in goals and values, such a conflict is referred to as interpersonal conflict.

As the word interpersonal suggests, inter i.e between and personal i.e person to person conflict, interpersonal conflict arises when the goals and values of individuals differ owing to which disagreements arise.

Goals and values may differ owing to several factors. Individual values are an outcome of an individuals own conscience and judgement apart from the society, an individual belongs to.

Such a situation is undesirable as it disrupts the coordination among employees and at the same time creates an atmosphere which is non conducive.

8 0
3 years ago
Was Justice Antonin Scalia a conservative or liberal?
hjlf

QUESTION -

Was Justice Antonin Scalia a conservative or liberal?


ANSWER -

Antonin Scalia, (born March 11, 1936, Trenton, New Jersey, U.S.—died February 13, 2016, Shafter, Texas), associate justice of the Supreme Court of the United States from 1986 to 2016, well known for his strong legal conservatism. He was the first Supreme Court justice of Italian ancestry.


            <u>*******Antonin Scalia was a CONSERVATIVE*******</u>

8 0
3 years ago
After the elimination period, a totally disabled insured qualified and started receiving benefits from his disability income pol
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A premium will be waived
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