Answer:
B. $3,251
Explanation:
Stock shares × Allocated price = Shares closing price
A 700 ×$ 29.15 =$20,405
B 430 ×33.86=$14,560
C 340× 36.43 =$12,386
Total $47,351
Stock shares × IPO price= Shares IPO price
A 700 ×$30=$21,000
B 430×$30= $12,900
C 340×$30=$10,200
Total $44,100
Total Profits $47,351-$44,100
=$3,251
Therefore Kim's total profit on these three stocks at the end of the first day of trading will be $3,251
Answer:
The primary cost associated with the level production strategy is the cost of
A.holding inventory.
Elaina and Allen just purchased a home using a deed of trust: A trustee will keep the title in its most basic form until the debt is paid off. This is further explained below.
<h3>What is a deed of trust?</h3>
Generally, From the perspective of the lender, a deed of trust offers a significant advantage over a mortgage in a number of important respects. In the event that the borrower fails to make their required payments on the loan, the trustee has the authority to use their right to foreclose on the property on behalf of the beneficiary.
In conclusion, A deed of trust was used in the recent purchase of a property by Elaina and Allen. Until the mortgage debt is completely paid off, a trustee will retain the title in its simplest form.
Read more about the deed of trust
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Answer:
The lending ability will increase by $2.25 billion.
Explanation:
The reserve requirement is given at 25%.
If federal reserve bank buys $3 billion in government securities, the total reserve will increase by $3 billion.
The excess reserve will be
=Increase in total reserve-required reserve
=$3 billion-25% of $3
=$(3 billion- .25*3) billion
=$(3-0.75) billion
=$2.25 billion
Answer:
The answer is B.
Explanation:
In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.
In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.
