The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>
<h3>What is the spread?</h3>
The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity
The spread is commonly known as a bid-ask spread. This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.
<h3>Data and Calculations:</h3>
Buy Orders (Bids) Sell Orders (Asks)
Amount Price Amount Price
63 $42.15 3 $42.16
36 $42.12 68 $42.22
112 $41.99 113 $42.25
3 $41.88 9 $42.44
Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)
<h3>Answer Options:</h3>
a.) 0.01
b.) 0.29
c.) 0.38
d.) 0.17
Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>
Learn more about security spreads and bid and askprices at brainly.com/question/14467928
Answer:
The correct answer is letter "A": If a business raises it prices, will that have a large or small on demand?
Explanation:
Elasticity is a measure of a variables' reaction to a change in another variable. <em>It can describe the extent to which the supply or demand for a good or service changes with the price of goods or consumer income</em>. When an item has many possible substitutes, its demand will be more elastic.
Answer:
The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.
Explanation:
The credit sales for August can be calculated by separating the total sales into cash and credit sales.
The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.
The credit sales for August will be = 220000 * 0.7 = 154000
As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000
Woodrow Wilson was really one of the first major economically liberal presidents in the sense that he was proactive in fighting trusts, inflation, and corruption in big business.
Amanda's consumer surplus is $10, since the ruby was worth $10 more than she paid for it. Tony was willing to sell the ruby for a minimum of $140, and received $330, making his producer surplus $190.
Answer: Amanda: consumer surplus of $10. Tony: producer surplus of $190
