It’s is definitely b and c
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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With a manual transmission, you "<span>use your right foot for the brake and accelerator and your left foot for the clutch". This is primarily to make sue that you don't press both the accelerator and the brake at the same time. </span>
Answer:
Option D. It prepares employees for different positions and jobs that do not exist yet.
Explanation:
The reason is that employee development plan is to equip the existing employee with the skills that will result in increase in the employability and promotion. This will also result in increased motivation, efficiency gaining, better employee decision making, increased employability, promotions, etc. This is more in cards for employees than the employers. Thatswhy it is termed employee development programs.
Answer:
21.28%
Explanation:
Note: <em>Assuming 365 day year</em>
Cost of giving up cash discount = [Discount rate / (1-Discount rate)] * 365 / [Credit period - Discount period]
Cost of giving up cash discount = [0.02/(1-0.02)] * [365/(45-10)]
Cost of giving up cash discount = [0.02/0.98] * [365/35]
Cost of giving up cash discount = 0.0204082 * 10.42857
Cost of giving up cash discount = 0.212828
Cost of giving up cash discount = 21.28%
