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posledela
3 years ago
5

If the market maker is willing to purchase the entire block of 1,500 shares from Amara and, from that block, resell 1,000 shares

to Brent, then the market maker’s net profit from Brent’s transaction—excluding any inventory effects—will be
Business
1 answer:
NeTakaya3 years ago
3 0

Answer:

$1,300

Explanation:

Calculation to determine what the market maker’s net profit from Brent’s transaction

First step is to calculate the bid-ask spread using this formula

Bid-ask spread=Ask price-Bid price

Let plug in the formula

Bid-ask spread=$31.80-$30.50

Bid-ask spread=$1.30

Now let calculate the Net profit

Using this formula

Net profit=Bid-ask spread*Shares resell

Net profit=$1.3 x 1000 shares

Net profit=$1,300

Therefore the market maker’s net profit from Brent’s transaction will be $1,300

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Ryker Manufacturing, inc. provided the following information for the year: The inventory account balances as of January 1 are gi
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Answer:

B. $304,060

Explanation:

We know that

Ending balance of finished goods inventory  = Beginning balance of  finished goods inventory + Cost of Goods manufactured - Cost of Goods Sold

=  $304,560 + $290,500 - $291,000

= $304,060

We simply applied the above formula to compute the ending balance of finished goods inventory by considering the beginning balance of finished goods inventory, cost of goods manufacture and cost of goods sold.

8 0
3 years ago
In which of the following cases is the Coase theorem most likely to solve the externality?
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Answer:

a. Ed is allergic to his roommate's cat.

Explanation:

In the case of coase theorem the economic conditions in which there is a conflict of proerty rights and the parties that are involved could bargain or negotiate the terms so this will correctly to be shown the complete cost also the values related to the property rights at issue that could result in the effecient outcome or result

So as per the given situation, the option a is correct

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3 years ago
there are two packs of cards each containing 52 cards. one card is drawn from each pack. find the probability that at least one
Alenkasestr [34]

Answer:

Probability drawing at least one ace of hearts is 3.8 %

Explanation:

Probability of drawing at least one ace of hearts = 1 - probability of no aces of hearts being drawn.

Probability of drawing no aces of hearts

(\frac{51}{52})^2 = 0.9619

Probability drawing at least one ace of hearts

= 1- 0.9619\\\\= 0.03809\\= 3.8%

7 0
3 years ago
Some individuals want work that makes minimal intellectual demands and provides the security of routine; for them, ________ is a
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Answer: high work specialization

Explanation:

Job specialization is when workers have education, knowledge, and experience with regards to a particular area of expertise. It brings about efficiency at the workplace.

Some individuals want work that makes minimal intellectual demands and provides the security of routine; for them, high work specialization is a source of job satisfaction.

4 0
3 years ago
Teller Co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during May. Each box of tile re
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Answer:

38880

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Budgeted sales -870 boxes

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Opening inventory of clay = 3900 pounds

Closing inventory of clay = 4500 pounds

Clay mix cost - $0.40

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Monthly purchase = budgeted sales  + closing inventory - opening inventory

(870*44) + 3900 - 4500

38280 +4500 - 3900 = 38,880

7 0
3 years ago
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