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
aev [14]
3 years ago
10

The following order book exists for a particular stock. The last trade on the stock was at $58.34. Buy Orders Sell Orders Shares

Price Shares Price 250 $58.33 250 $58.36 200 58.32 800 58.37 900 58.31 1,000 58.39 175 58.29 600 58.40 350 58.41 a. If you place a market buy order for 200 shares, at what price will it be filled?
Business
1 answer:
Molodets [167]3 years ago
8 0

a) Price of a buy order of 200 shares is $58.36.Because there was an offer of sale that is 250 shares at $58.36 per share, so the price would remain constant at 200 Shares.

You might be interested in
Banks only offer one type of saving alternative to their customers.<br>True or False​
sesenic [268]

Answer:

True

Explanation:

Banks use a type of check used to pay bills or make payments for which the money is guaranteed

4 0
3 years ago
Joan borrowed $10,000 from a relative to start her own business. Assuming she takes all responsibility for the company's financi
iVinArrow [24]

Answer:

sole proprietorship

Explanation: im guessing

4 0
2 years ago
Wildhorse Co. sells merchandise on account for $2800 to Morton Company with credit terms of 2/8, n/30. Morton Company returns $8
kipiarov [429]

Answer: Cash $1,960

Sales returns and allowances $800

Sales discount $40

Accounts receivable $2,800

Explanation:

Sales = $2,800

Sales returns = $800

Discount rate = 2%

The final amount due will be:

= Sales- Sales returns

= $2,800 - $800

= $2,000

Sales discount = 2% × $2,000 = $40

Cash received will be:

Final amount due - Sales discount

= $2,000 - $40

= $1,960

The journal entry will be:

Debit Cash $1,960

Debit Sales returns and allowances $800

Debit Sales discount $40

Credit Accounts receivable $2,800

5 0
2 years ago
A market ______ growth strategy focuses on increasing sales of the firm's current products to its current target markets. multip
jeyben [28]

A market product growth strategy focuses on increasing sales of the firm's current products to its current target markets.

A product growth strategy increases sales looking all the prospects of the department rather than focus on only one department of the firm. It develops the firms production process in all aspects.

The strategy is made and planned according to the current market conditions to achieve its desired targets and get the maximum profit out of the production process that is taking place in the firm which in turn increase sales of the firm by increasing consumers demand.

To learn more about product growth strategy here,

brainly.com/question/13362867

#SPJ4

8 0
1 year ago
I need help in this it’s personal finance
Lilit [14]

Answer:

it may personal finance

Explanation:

because it's is include personal site

7 0
3 years ago
Other questions:
  • Kenneth Clark, the CFO of Pharoah Automotive, Inc., is putting together this year's financial statements. He has gathered the fo
    7·1 answer
  • To maximize profits, firms produce an output where marginal product of labor per dollar equals the marginal product of capital p
    11·1 answer
  • Rise in demand is equal to rise in supply
    11·1 answer
  • It ONLY makes sense to implement an ABC system when: A. ABC provides information to make better decisions. B. Its benefits excee
    11·1 answer
  • A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. Revenue from the sponso
    8·1 answer
  • A promise to make a gift for a charitable or educational purpose is unenforceable unless and until the institution to which to p
    7·1 answer
  • As leisure-time gaming, inc.'s business and product lines continue to grow, it wants to limit the need to build additional space
    15·1 answer
  • You want to have $1,000,000, 25 years from today. Assuming a 7% annual return (which will be compounded monthly), how much do yo
    12·1 answer
  • McKean Corporation authorized 500,000 shares of common stock in its articles of incorporation. On May 1, 2019, 100,000 shares we
    7·1 answer
  • When participating in fiscal planning, a leader should perform what role?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!