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Dima020 [189]
3 years ago
5

A NASDAQ security is bid at $42 and offered at $42.25. An over-the-counter trader effects a trade at $42.25 and charges a commis

sion of $.13 to the customer. The price that will show on the tape is:
Business
1 answer:
ella [17]3 years ago
4 0
$42.25
- trade prices that are shown on the tape DO NOT include commission.
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May is a stockbroker. Due to May's statements, Nora believes that the price of OK Goods, Inc. (OKGI), a widely traded stock, is
Anna71 [15]

Answer:

$0

Explanation:

A client can only sue a stockbroker, a financial advisor, etc., only if they made them loss money through fraud or negligence. But in this case, May (stockbroker) apparently made a mistake of value, she did nothing illegal. She might be a terrible broker, but that doesn't make her a criminal. She also didn't breach any fiduciary duty, since investing always carries a risk. If Nora doesn't like to assume risks, then she should purchase government bonds.

4 0
3 years ago
Diamond Company is considering investing in new equipment that will cost $1,400,000 with a 10-year useful life. The new equipmen
ivolga24 [154]

Answer:

the cash payback period is 6.09 years

Explanation:

The computation of the cash payback period is shown below:

= Initial Investment  ÷ Net annual cash inflow

= $1,400,000 ÷ $230,000

= 6.09

Now the net annual cash flow is  

. Net operating income $90,000.00

Add: Depreciation   $140,000.00

Net annual cash inflow   $230,000.00

Hence, the cash payback period is 6.09 years

6 0
3 years ago
Which of the following are sections of the Schedule of Cost of Goods Manufactured? (You may select more than one answer.
Natasha2012 [34]

Answer:

C, D , E , F.

Explanation:

These all are connected with money.

Sorry if I don't get this right I never had this question before.

3 0
4 years ago
Included in Sage Company’s December 31, 2020, trial balance are the following accounts: Prepaid Rent $5,870, Debt Investments (t
Sunny_sXe [5.5K]

Answer:

Step 1:

Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:

           

 2 0 ⟌ 1 6  

Step 2:

The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:

       0    

 2 0 ⟌ 1 6  

Step 3:

Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.

       0    

 2 0 ⟌ 1 6  

       0    

Step 4:

Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.

       0    

 2 0 ⟌ 1 6  

     - 0    

       1    

Step 5:

Move down the 2nd digit of the dividend (6) like this:

       0    

 2 0 ⟌ 1 6  

     - 0    

       1 6  

Step 6:

The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

Step 7:

Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

        0  

Step 8:

Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.

       0 0  

 2 0 ⟌ 1 6  

     - 0    

       1 6  

     -   0  

       1 6  

You are done, because there are no more digits to move down from the dividend.

The answer is the top number and the remainder is the bottom number.

Therefore, the answer to 16 divided by 20 calculated using Long Division is:

0

16 Remainder

Explanation:

8 0
3 years ago
A customer has purchased 5,000 shares of ABC Corporation stock in lots of 100 shares over an extended period of time at varying
ozzi

Answer:

c. IRS rules allow the taxpayer to specify which shares being sold

Explanation:

As eahc method will make the capital gain or loss to differ the Internal Revenue Service leaves to the stockholder to decide the method

The default method is the FIFO method which states the first shares purchased are the first sale but, leaves choise to the stockhodler to use specific identification which, is what the statement correctly points out.

The method are not "required" but allowed as the stockholder see fit.

8 0
3 years ago
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