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Mrac [35]
3 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]3 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.

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Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.
enyata [817]

Answer:

c. An online retailer delivers organic groceries overnight.

Explanation:

As Different companies in different industries follow any one of the five general strategies to gain competitive advantage.

so The online retailer distributes organic groceries overnight, using a low-cost provider strategy. This is due to the intense competition in online retailing.

so correct option is c. An online retailer delivers organic groceries overnight.

6 0
4 years ago
Fortune Enterprises is an all-equity firm that is considering issuing $13.5 million of perpetual debt. The interest rate is 10%.
Nuetrik [128]

Answer:

d. Debt holders get $0 mil. under the unlevered plan vs. 0.6075 mil. under the levered plan

Explanation:

interests paid to debt holders = $13,500,000 x 10% = $1,350,000

generally, interest revenue is taxed as ordinary revenue = corporate income tax rate (if debt holder is a business) or personal income tax (if debt holder is an individual).

under the first plan, debt holders get nothing because there is no outstanding debt since the company is an all equity firm.

under the second plan, if the personal tax rate on interest income is 55%, which is really high, the debt holders will earn $1,350,000 x (1 - 55%) = $607,500

8 0
3 years ago
PLEASE HELP ME????
zalisa [80]
B is the answer a teenage requires between 7 to 8 hours sleep
6 0
3 years ago
Read 2 more answers
six packs of cola are on sale for 1.50, if a customer buys a 24 pack, what is the total charge including 8% sales tax?
valkas [14]

Answer:

$6.48

Explanation:

A pack of six costs $ 1.50

A pack of 24 will cost $(1.50 x 4)= $ 6

8% tax will be: 8/100 x 6= .08x6= 0.48

Total = $6+$ 0.48 = $6.48

6 0
3 years ago
Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insuffici
leonid [27]

Answer:

Future Value= $158,475.64

Explanation:

Giving the following information:

He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.

I assume we have to determine the value of the investment at the time of retirement.

<u>We need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit= 500

n= 15*12= 180

i= 0.07/12= 0.005833

FV= {500*[(1.005833^180) - 1]} / 0.006833

FV= $158,475.64

4 0
3 years ago
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