The commission for purchasing five round lots of a stock selling for $130 is $65.
<h3>What is round lots of a stock?</h3>
A specified quantity of securities to be traded on an exchange is known as a round lot. In the stock market, a round lot is defined as 100 shares or a bigger number that may be divided in half equally.
1 round lots = 100 shares
5 round lots = 500 shares
The commission structure on a stock purchase is $45 plus $0.04 per share.
For 500 shares, the commission is
= 45 + 0.04×500
= 65
Therefore, the commission for purchasing 500 shares of stock selling for $130 is $65.
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Once every 10 years search it up if I am wrong
Answer:
True
Explanation:
2% out of 100 guest purposefully scam.
Answer:
b. $2,000
Explanation:
The computation of the interest amount is shown below:
= Sale value of goods × rate of interest × (number of months ÷ total number of months in a year)
= $40,000 × 10% × (6 months ÷ 12 months)
= $2,000
The 6 months is calculated from June 30 to December 31.
So, the b option is correct and rest options are wrong.
Answer:
A. Some customers presented tickets purchased on a previous day when there wasn't a ticket taker at the theater entrance.
Explanation:
The control of selling fresh prenumbered tickets from the last number sold on the previous day is a control that detects tickets sold the previous day.
If tickets were sold on the previous day, they can be reused today. So having a unique number on them is an ideal way to monitor the range of tickets issued today.
Only those within the range will be allowed to enter the theatre.
