Answer:
10,000; 30.
Explanation:
Block transactions is also known as block trade and can be defined as transactions that deals with the sales or purchases of high-volume or large amounts of securities (bond or equity).
Under block transactions, securities are usually negotiated privately and traded at an agreed price rate between the buyer and the trader. Also, block trade of a security is mostly executed by the parties outside of the open market so as to mitigate the impact on its rate.
Basically, block transactions are transactions for more than 10,000 shares, and they account for about 30 percent of all trading on the New York Stock Exchange (NYSE). Generally, a block trade as defined by the New York Stock Exchange (NYSE) is one having a total market value of $200,000 or more.
<em>The New York Stock Exchange (NYSE) is an American stock exchange founded on the 17th of May, 1792. NYSE by virtue of its market capitalization, is the world's largest stock exchange. </em>
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Ryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in his store can simplify buyers' purchase decisions. He should also consider that, compared to other IMC alternatives, personal selling is
A) ineffective.
B) overrated.
c) easy.
D) simple.
E) expensive.
Answer:
A) ineffective
Explanation:
Personal selling has to do with marketing that is done by a salesman from the sale of a product/service from the manufacturer to the consumer.
The seller or salesman tries to promote his product through their attitude, appearance, manners and expert knowledge, They try to encourage the customer to buy the product, or at the very least, try the product.
IMC means Integrated Marketing Communications which makes sure that all forms of communications and messages regarding marketing and sales are carefully linked together.
Compared to IMC alternatives, personal selling is ineffective.
Answer:
Value of the account = -$900
Explanation:
Accumulated profits from the short sale = Number of shares x Price per share
= 300 x $50 = $15,000
Commissions that are paid during the short sale = Commission per share x Number of shares
= 0.5 x 300 = $150
The Net proceeds from the short sale = Proceeds – Commissions
= 15000 – 150 = $14,850
Total dividend paid = Number of shares x Dividend per share
= 300 x 3 = $900
Money paid in covering the short sale = Number of shares x Price
= 300 x $49 = $14,700
Commissions paid in covering the short sale = Commission per share x Number of shares
= 0.5 x 300 = $150
Total money paid in covering the short sale
= 14700 + 150 = $14,850
Therefore, Value of the account = Proceeds – Dividend paid – Money paid
= $14,850 - $900 - $14,850 = -$900
Value of the account = -$900
Answer:
It will incorrectly overestimate Howard's inventory by $6,000
Explanation:
When a company purchases using FOB shipping point, the title of the goods is transferred immediately after the goods leave the suppliers warehouse or shipping dock. When you use FOB destination point, the title of the goods is transferred only once the goods have been delivered.
When you use FOB destination, you must record the value of the goods in the inventory after receiving them.