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MrMuchimi
3 years ago
9

If you could purchase IBM stock and simultaneously sell the stock for $5 more, you would be involved in one type of economic act

ivity?a. indifference principleb. arbitragec. carry traded. marked to markete. none of the above
Business
1 answer:
ddd [48]3 years ago
3 0

Answer:

arbitrage

Explanation:

Arbitrage can be defined as an act or process of buying buying and selling an asset simultaneously. Purchasing IBM stock and selling it for 5 dollar more simultaneously is an example of arbitrage. Such a seller is going to cash in on the price difference in buying and selling this stock. It is simply taking advantage of the difference in price that is gotten from buying and reselling this stock at 5dollars.

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"Mr. Tudor," said Judy, "Tom Pritchett suggested I contact you about our new computerized Civil War reenactment game." In this e
Grace [21]

Answer:

Referral

Explanation:

Referral is the term which is described as the act or way of telling someone  or a person regarding the positive features or attribute of the business or the person, who is being referred by the person.

For example, referral is telling someone or person that the certain business or the person having a good product or the service, and then that person visit the place.

Under this scenario, Tom referred Tudor to contact them regarding the new game. So, it is an example which the Judy uses referral method or way with Tudor.

6 0
3 years ago
When a tariff is imposed, there is always an additional loss. One loss occurs when consumers purchase fewer units of the good be
Yakvenalex [24]

Answer:

The correct answer is Production loss.

Explanation:

The quantifiable cost associated with the interruption of the operation of a pump is low when compared to the cost throughout its useful life in an installation carried out in a commercial building. However, the loss of comfort suffered by users of the building makes it advisable to have a spare pump.

Unlike what happens in production processes, stopping a pump from a commercial building almost never results in a loss of production. On the contrary, the interruption is usually translated into a loss of comfort. However, the immeasurable costs associated with downtime may be even higher if, for example, hotel guests run out of water. Therefore, it is always advisable to install a replacement pump to prevent comfort losses caused by an unexpected failure in the pumping system. The communication capabilities of electronically controlled pumps E help minimize downtime because replacement and repair work can be completed more quickly in the event of a breakdown. A backup pump is used to prevent downtime and consequent loss of comfort in the event of a breakdown.

4 0
3 years ago
Longview Hospital performs blood tests in its laboratory. The following standards have been set for each blood test performed:
Julli [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard:

Direct materials 2.0 plates $2.75 per plate

Direct labor 0.2 hours $15.00 per hour

Variable manufacturing overhead 0.2 hours $7.00 per hour

Actual:

1,500 blood tests.

3,600 plates were purchased for $9,540

3,200 plates were used for blood tests

340 actual direct labor-hours were worked for $5,550

1)The materials price variance:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.75 - 2.65)*3,600= $360 favorable

2) The materials quantity variance:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*1,500 - 3,200)*2.75

Direct material quantity variance= $550 unfavorable

3) The labor rate variance:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15 - 16.32)*340= $448.8 unfavorable

4) The labor efficiency variance:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1,500*0.2 - 340)*15

Direct labor time (efficiency) variance= $600 unfavorable

5) The variable overhead efficiency variance:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,500*0.2 - 340)*7

Variable overhead efficiency variance= $280 unfavorable

8 0
3 years ago
the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Svetllana [295]

Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.

Explanation:

7 0
3 years ago
Merchandise with a list price of $4,700 is purchased on account, terms FOB shipping point, 1/10, n/30. The seller prepaid freigh
algol13

Answer:

There are two methods to record purchases in the perpetual inventory system. The net method is another means of recording purchases which initially records the invoice at it net amount of any cash discount giving management an advantage in controlling and monitoring cash payments.

Perpetual Inventory System

Gross Method

(a) Purchased the merchandise.

Merchandise Inventory $ 4700 Dr.

Accounts Payable $ 4700 Cr.

Terms FOB shipping point, 1/10, n/30

(b) Recorded receipt of the credit memo for merchandise returned.

Accounts Payable $ 1600 Dr.

Merchandise Inventory $ 1600 Cr.

(c) Paid the amount owed within the discount period.

Accounts Payable $ 3100 Dr

Discount $ 31 Cr

Cash $ 3069 Cr  

Perpetual Inventory System

Net Method

(a) Purchased the merchandise.

Merchandise Inventory $ 4700 Dr.

Accounts Payable $ 4700 Cr.

Terms FOB shipping point, 1/10, n/30

(b) Recorded receipt of the credit memo for merchandise returned.

Accounts Payable $ 1600 Dr.

Merchandise Inventory $ 1600 Cr.

(c) Paid the amount owed within the discount period.

Accounts Payable $ 3100 Dr

Cash $ 3100 Cr  

6 0
3 years ago
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