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3 years ago

Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $105.

Business

1 answer:

yaroslaw [1]3 years ago

5 0

Answer:

A. $104.80

B. $104.85

Explanation:

A. Based on the information given If a market buy order for 150 shares comes in, the PRICE at which it will be filled is $104.80

Best price = $104.80

B. Based on the information given At what PRICE would the next market buy order be filled is $104.85

Next best price = 104.85

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Interpretation of intelligence test scores is based on the assumption that the scores are normally distributed within a populati

Finger [1]

Answer: According to complete question "more than two-thirds of children will score between 85 and 115".

Explanation:

The solution to this issue is it, even though the Wechsler Ratios of Intellect scores are "standardized" to an average of 100 and a margin of error of 15 based on the standardized system used only to start scoring IQ.

So between 85 and 115 will be 68 that for each cent of the results.

Therefore the result stand between 85-115.

3 0

3 years ago

The Beckham Company has the following information about their activity cost pools: Activity Cost Pools Total Overhead Cost Total

LenaWriter [7]

Answer:

$25 per setup

Explanation:

With regards to the above, activity rate is computed as;

= Activity cost pool resources / Activity driver

Activity cost pool resources = $125,000

Activity driver = 5,000

Activity rate for machine setup = $125,000/5,000 = $25 per setup

5 0

3 years ago

Most Solutions, Inc., issued 12% bonds, dated January 1, with a face amount of $420 million on January 1, 2021. The bonds mature

Fantom [35]

Answer:

Most Solutions, Inc.

Amounts related to the bonds that Most would report in its statement of cash flows for the year ended December 31, 2021:

Operating activities:

Interest payments -$50.4 million

Financing activities:

Bonds issue $375,505,452

Explanation:

a) Data and Calculations:

January 1, 2021:

Face value of bonds issued = $420 million

Maturity period of bonds = 10 years (2031)

Coupon interest rate = 12%

Market yield = 14%

Payment of interest expense = semiannually (June 30 and December 31)

Debit Cash (price) 375,505,452

Debit Discount on bonds (difference) 44,494,548

Credit Bonds payable (face amount) 420,000,000

To record the bonds proceeds and discount.

Cash payments for Bonds Interests:

June 30 $25.2 million

December 31 $25.2 million

3 0

3 years ago

Wilton, Inc. had net sales in 2017 of $1,400,000. At December 31, 2017, before adjusting entries, the balances in selected accou

Sergeeva-Olga [200]

Answer:

See explanation section.

Explanation:

December 31, 2017

Bad debt expense Debit = $17,600

Allowance for Doubtful Account Credit = $17,600

To record the bad debt expense

Calculation: Bad debt expense = $250,000 × 8% = $20,000. However, we cannot take this amount because Allowance for Doubtful Account is a positive contra entry, which has a $2,400 credit balance. Therefore, we have to deduct $2,400 from $20,000 to get the actual bad debt expense.

5 0

3 years ago

in the market place for orange juice we discover that the price of orange juice has increased, yet the quantity of orange juice

Shtirlitz [24]

Answer:

This results from a shift in the supply curve. For example, there is a severe drought that decreases the production of oranges, and therefore, the production of orange juice. The supply curve of orange juice will shift to the left, decreasing the quantity supplied at every price level. This generally increases the price of orange juice and decreases the quantity.

5 0

3 years ago