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
Mrac [35]
2 years ago
13

You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a

​$6 commission for online trades. You log into your​ account, check the​ real-time quotes for Berkshire Hathaway​ (you see a bid price of ​$262 comma 875 and an ask price of ​$263 comma 810​) and submit your order. a. What is the current​ bid/ask spread for Berkshire Hathaway Class A​ shares?
Business
1 answer:
Bumek [7]2 years ago
5 0

Answer:

The current​ bid/ask spread for Berkshire Hathaway Class A​ shares is $935

Explanation:

The computation of the current bid/ask price is shown below:

The Current bid/ask price = Ask price - Bid price

                                   = $263,810 - $262,875

                                   = $935

The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.

You might be interested in
Bondholders tend to offset the effects of selfish strategies implemented by shareholders by: Multiple Choice increasing the inte
Zepler [3.9K]

It should be noted that bondholders offset the effects of selfish strategies that are implemented by shareholders by A. increasing the interest rate on monies loaned to the firm.

A bondholder simply means an individual that's owning a bond that was issued by the government or a public company.

The effects of selfish strategies that are implemented by shareholders are offset by increasing the interest rate on monies loaned to the firm.

Learn more about bonds on:

brainly.com/question/25524725

8 0
2 years ago
Opera Corp uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost
Kryger [21]

Answer:

$159,057

Explanation:

The computation of cost of goods sold is shown below:-

Total cost of goods available for sale = (7,200 × $10) + (4,000 × $13) + (12,000 × $13.50)

= $72,000 + $52,000 + $162,000

= $286,000

Total units = 7,200 + 4,000 + 12,000

= 23,200

Average cost per unit = Total cost of goods available for sale ÷ Total units

= $286,000 ÷ 23,200

= $12.33

So,

Cost of Goods sold = Sold units during the month × Average cost per unit

= 12,900 × $12.33

= $159,057

Therefore for computing the cost of goods sold for the month we simply applied the above formula.

3 0
2 years ago
In the demonstration, 360∘ of rotation (one full rotation) represents a sidereal day. You can actually measure the length of the
Gennadij [26K]

In the demonstration, 360∘ of rotation (one full rotation) represents a sidereal day. You can actually measure the length of the sidereal day by measuring the time from when <u>the star vega</u> or<u> the star sirius</u> crosses your meridian on one day (or night) until <u>it </u>crosses the meridian on the next day (or night). Mastering astronomy.

3 0
3 years ago
What is a common complaint about regulations pertaining to the establishment and operation of various businesses?
scoundrel [369]

Answer:

They are too restrictive in economic freedom

Explanation:

6 0
3 years ago
Read 2 more answers
Walter heads a multinational company and he needs to communicate with certain people using a business letter. Pick out the corre
oksian1 [2.3K]
Try the third option my mans
4 0
2 years ago
Read 2 more answers
Other questions:
  • List three causes of a favorable direct materials price variance. ​(Select three possible​ answers.)
    12·1 answer
  • Consider the following list of items: Food Electric bill Clothing Health insurance These are all examples of:
    5·2 answers
  • For a manufacturing company, selling price for an item is $472.00 per Unit, Variable cost is $235.00 per Unit, rent is $7,880.00
    13·1 answer
  • Segmentation and targeting influence a company’s resource allocation, potentially affecting strategic decisions in all of the fo
    11·1 answer
  • GL Plastics spent $1,200 last week repairing a machine. This week the company is trying to decide if the machine could be better
    10·1 answer
  • What is the difference between crowd sourcing and crowd funding?
    13·1 answer
  • A Roth IRA and a Tax Deferred investment plan are just two of many ways you can invest into for your retirement. If you wanted t
    14·2 answers
  • The change in the capital stock is a flow variable. <br> a. True <br> b. False
    13·1 answer
  • Which of the following best explains the purpose of a supply schedule?
    11·2 answers
  • Christina buys groceries every month from Target and rarely does much research on the products she buys. What is the marketing t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!