1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Question 7
elena-14-01-66 [18.8K]

Today's share price for CCN is $16.67

Today's share price for CCN can be determined using the Gordon constant dividend growth model

The Gordon growth model is used to determine the value of the share of a firm using the value of its dividend with the assumption that the firm grows at a constant rate.

The formula of the Gordon constant dividend growth model :  

price = d1 / (r - g)

d1 = next dividend to be paid = $0.50

r = cost of equity = 12%

g = growth rate = 9%

0.50 / (12% - 9%)

0.50 / 3%

0.50 / 0.03

= $16.67

A similar question was answered here: brainly.com/question/15023105?referrer=searchResults

6 0
3 years ago
When Time, Inc. publishes a kid's version of its Sports Illustrated publication it is attempting to influence today's children t
olasank [31]

This process of attempting to influence today's children to purchase SI when they become adults is an example of : Consumer perception.

<h3>What is consumer perception?</h3>

Consumer perception is a marketing concept aimed at creating customer's impression, awareness and consciousness about a company product offerings.

Customer perception is typically affected by the following:

  • Advertising
  • Reviews
  • Public relations
  • Social media
  • Personal experiences

Therefore, the process where Sports Illustrated its publication and attempt to influence today's children to purchase SI when they become adults is an example of consumer perception.

Learn more about consumer perception here : brainly.com/question/6772250

5 0
2 years ago
How might a recent college graduate’s investment portfolio differ from someone who is nearing retirement?
MAXImum [283]

Answer:

near retirement you start saving for death.  college portfolieo is saving a litle for college you cant get you college money until you gradguate

Explanation:

3 0
3 years ago
How do elasticities of supply and demand affect DWL?
LuckyWell [14K]

Answer:

Because the elasticities of supply and demand measure how much market participants respond to market conditions, larger elasticities imply larger DW losses.

Explanation:

As a tax grows larger, it distorts incentives more, and its DW loss grows larger. Because a tax reduces the size of the market, however, tax revenue does not continually increase. It first rises with the size of a tax, but if the tax gets large enough, tax revenue starts to fall.

5 0
3 years ago
A firm is considering purchasing two assets. Asset L will have a useful life of 15 years and cost​ $4 million; it will have inst
Andreyy89

Answer:

D. Asset S has $103,333 more in depreciation per year.

Explanation:

For computing the greater annual straight minus line ​depreciation first we have to determine the each assets depreciation expense which is shown below:

For Asset L

= (Original cost + installation cost - salvage value) ÷ (useful life)

= ($4,000,000 million + $750,000 - $0) ÷ (15 years)

= $316,666.67

For Asset S

= (Original cost + installation cost - salvage value) ÷ (useful life)

= ($2,000,000 million + $500,000 - $400,000) ÷ (5 years)

= $420,000

As we can see that the Asset S has high annual straight-line depreciation

And, the amount exceed is $103,333.33

6 0
3 years ago
Other questions:
  • If a material event is either unusual in nature or an infrequent occurrence—such as a one-time charge resulting from a major res
    5·1 answer
  • Social Security benefits are increased each year in proportion to the increase in the CPI, even though most economists believe t
    7·1 answer
  • MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan compa
    6·2 answers
  • Latasha and Jake need to decide which one of them will take time off from work to complete the rather urgent task of shearing th
    9·1 answer
  • To take advantage of an arbitrage opportunity, an investor would
    14·1 answer
  • Helio Company has two products: A and B. The annual production and sales of Product A is 1,850 units and of Product B is 1,250 u
    11·1 answer
  • Which of the following criteria is most descriptive of a private liberal arts college?
    8·2 answers
  • Michael is a senior in high school and wants to major in a business-related class when he goes to college. Michael plans to sele
    6·1 answer
  • Where do you report a stolen credit card to efta standards or pci standards
    6·1 answer
  • a customer buys a new vacuum cleaner at costco, then realizes it's the wrong kind so she returns it. costco now needs to manage
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!