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Alexxx [7]
3 years ago
8

Please help. Describe how stocks are purchased by investors.

Business
1 answer:
attashe74 [19]3 years ago
5 0

Answer:

Investors most commonly buy and trade stock through brokers. You can set up an account by depositing cash or stocks in a brokerage account. Firms like Charles Schwab and Citigroup's Smith Barney unit offer brokerage accounts that can be managed online or with a broker in person.

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Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 1,040 June 10
postnew [5]

Answer:

FiFo method as prices are continuously increasing

Explanation:

Date                Units               Cost                    Per Unit Cost

June 1             150 units            $ 1,040               6.93

June 10           200 units              1,560               7.8

June 15          200 units               1,680               8.4

June 28          150 units               1,320               8.8

                                                  $5,600

As the unit price is increasing the method which yields the highest gross profit would be FIFO.But in some cases the income is overstated as the beginning inventory is too old to account for . Similarly Lifo gives lower net income but that too is not very beneficial when the inventory is almost obsolete.

The average method gives a measure in between FIFO and LIFO.

7 0
3 years ago
When you should send a email
Sloan [31]

HubSpot researched open times to find late morning tends to get the most opens. Send emails at 11 a.m. for the best results. Data from MailerMailer also suggests that sending emails in the late morning during work hours gets the best percentage of opens.

6 0
2 years ago
Read 2 more answers
because conumers today are presented with so many choices it is generally best if your advertising is
Elanso [62]

Answer:

Explanation:

Serving them with a unique (service/product usage) experience they will not receive form the competition. Create and make a difference for them and tell them about that.

E.g. - the idea of exclusivity air a personalized approach.

4 0
3 years ago
1
adelina 88 [10]

Answer:

  • She then cuts potatoes into 1" chunks.
  • She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender.

Explanation:

Stewed Potatoes is a very popular dish in the South and can be prepared in various ways but there are methods that are universal.

One such method is to cut the potato into chunks then adding these chunks to water/ broth and then ingredients. When the potato boils, cook it at a low heat until it becomes the desired level of tender.

4 0
3 years ago
For Gee-Whiz Devices calculate the following: working capital, current ratio, and acid-test ratio Gee-Whiz Devices Balance Sheet
Zarrin [17]

Answer:

1. Working Capital

= Current Assets - Current Liabilities

= (  Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) - ( Accounts and notes payable(Short term) + Accrued expenses)

= ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) - ( 315,000 + 90,000)

= $98,000

2. Current Ratio

= Current Assets/ Current Liabilities

= (  Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) / ( Accounts and notes payable(Short term) + Accrued expenses)

=  ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) / ( 315,000 + 90,000)

= 1.24

3. Quick Ratio

= (Current Assets - Inventory) / Current Liabilities

=  ( 100,000 + 45,000 + 150,000 + 8,000) / ( 315,000 + 90,000)

= 0.75

8 0
3 years ago
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