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MrMuchimi
2 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]2 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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Lem Co., which accounts for treasury stock under the par value method, acquired 100 shares of its $6 par value common stock for
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Answer:

Additional paid in capital decrease by 100 as a result of the acquisition

Explanation:

Treasury Stock 600 (100 shares x $6)

Additional Paid-In Capital 100 (100 shares x $1)

cash 1,000 (100 shares x $10)

Additional Paid-In Treasury Stock 300

7 0
3 years ago
Attorneys who work for a company and are part of the executive or mid-level management team are specifically referred to as ____
Ann [662]

Answer:

In house counsel

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In house counsel handle of legal matters of the firm, policy, tax and regulatory matters or may occupy managerial positions

7 0
3 years ago
Which type of interest can earn more money over the long term?
guajiro [1.7K]
Compound interest would be the correct answer.
4 0
1 year ago
When you purchase a u.s. savings bond, you are loaning money to the government.'?
svlad2 [7]

The correct answer is true.

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6 0
3 years ago
Bonita Industries prepared a fixed budget of 75000 direct labor hours, with estimated overhead costs of $375000 for variable ove
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Answer: $425,000

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total overhead cost = fixed overhead cost + variable overhead cost

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so,putting the values into equation we get :-

total overhead cost = $90,000 + $335,000

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6 0
3 years ago
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