Answer:
a. The Bid/Ask spread is $0.03.
b. The statement is “False”.
c. The Bid/Ask spread at the time trade was executed is $0.02.
d. The Total Round-Trip Transaction Costs is $107.90 and the Bid/Ask spread is $0.09. It is important to have a lower commission charge. So the correct statement is “Statement C”.
Explanation:
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The economic order quantity if annual demand is 100 units is: 10 units.
<h3>Economic order quantity</h3>
Using this formula
Economic order quantity =√2×Annual demand× Order placement cost/ Holding cost
Let plug in the formula
Economic order quantity=√2×100×$25/$50
Economic order quantity=√5,000/50
Economic order quantity=√100
Economic order quantity=10 units
Inconclusion the economic order quantity if annual demand is 100 units is: 10 units.
Learn more about economic order quantity here:brainly.com/question/14625177
Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>
Explanation:
The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.
Answer:
$13,400
Explanation:
The movement in cash balance over a period is as a result of receipts and disbursements over the period. This may be expressed mathematically as
Opening balance + receipts - disbursements = closing balance
If the company wants to maintain a desired closing balance, the amount to be borrowed would form part of the receipts
$19,200 + receipts - $190,400 = $31,200
Receipts = $190,400 + $31,200 - $19,200
= $202,400
Given Budgeted cash receipts total $189,000 then amount to be borrowed
= $202,400 - $189,000
= $13,400
Answer:
Fall
Explanation:
Milk is an input in the production of milk.
decrease in the price of milk would increase the production of icecream.
An increase in production would lead to an increase in supply of milk.
When supply exceeds demand, equilibrium price drops.
I hope my answer helps you