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BlackZzzverrR [31]
2 years ago
9

Ryan bought a stock three years ago for $6 a share. Today, June 22, the stock is selling for $72 a share. Ryan is afraid that th

e price will fall and does not want to lose his profits so he places a stop-loss order to sell at $70. The stock sells between $71 and $75 throughout the remainder of the day on June 22. On the morning of June 23, the stock opens at $9 a share based on rumors of a possible bankruptcy due to inappropriate accounting procedures. Which one of the following statements is true concerning this situation?
a. Ryan was able to sell his stock for $70 a share thereby protecting his profits.
b. Ryan's stock was sold for $9 a share causing him to lose most of his profits.
c. Ryan still owns his shares of stock since his order was never executed at the $70 price.
d. Ryan received a call from the specialist asking him what he wanted to do about his order.
Business
1 answer:
dem82 [27]2 years ago
6 0

Answer:

B) Ryan's stock was sold for $9 a share causing him to lose most of his profits.

Explanation:

Stop loss order means the limit the loss to the extent investor has opted. Since Ryan placed a stop loss order at $70, so, when the price of the stock starts at $9, the stock would be sold at $9 because it is the next available price to what he placed a stop loss order.

So, the Answer is Ryan stock is sold for $9 a share causing him to lose most of his profits.

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Ratio Analyses
ElenaW [278]

Answer:

Since the requirements were missing, I looked for similar questions:

(a) Liquidity ratio  for individuals

basic liquidity ratio = cash (liquid) assets / monthly expenses = $16,000 / $7,000 = 2.29

Depending on the maturity of the investment assets, the liquidity ratio could increase, but since the information is limited, we can only consider liquid assets. E.g. if the investment assets include bonds that mature in a very short term they should be included in this formula, but if they include bonds that mature in x number of years, then they aren't included.

(b) Debt-to-asset ratio :

generally the formula is debt to asset ratio = $175,400 / $326,000 = 0.54

 

(c) Debt service-to-income ratio

debt service to income ratio = monthly payments / gross income = ($450 + $2,200) / $13,000 = $2,650 / $13,000 = 0.20

(d) Debt payments-to-disposable income ratio

debt payments to disposable income ratio = monthly payments / disposable income = ($450 + $2,400) / $6,000 = $2,650 / $6,000 = 0.44

7 0
3 years ago
Telecommuters are not key to a business continuity plan (BCP) because they work from remote locations. Therefore, any disruption
Marrrta [24]

Answer:

This false

Explanation:

A telecommuter is a remote worker that does his or her job from home and when it is time to have communications with their office, they do so through emails, fax, phone or the internet. the BCP is the ability of the organization to continue with its services and production even after a disruption occurred in the business.

A disruption in the business is capable of affecting the telecommuter too. Working remotely does not make their job less important

8 0
3 years ago
The Industrial Revolution was characterized by a(n) Group of answer choices migration of manufacturing jobs from the Midwest and
Komok [63]

The Industrial Revolution was characterized by the increased emphasis on production which resulted to a longer hours and less job security for most workers.

<h3>What is an Industrial Revolution?</h3>

This was a period that experienced a rapid development of industry because of the introduction of machinery.

The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc

Therefore, the Option A is correct.

Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.

B. migration of manufacturing jobs from the Midwest and Northeast to the South as firms began locating in areas where labor costs were lower.

C. rapid improvement in the wages and working conditions of most workers, resulting in a decline in the need for labor unions.

D. movement away from scientific management, and a greater acceptance of the ideas of Herzberg and Maslow."

Read more about Industrial Revolution

<em>brainly.com/question/13323062</em>

6 0
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Brendon Inc. required a permit to open its business in a foreign country. Although it had met all the requirements for the permi
ipn [44]

Yo crato ke its hes la letra C

Explanation:

5 0
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sergeinik [125]

Answer:

if it isn't under water, wind

Explanation:

7 0
3 years ago
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