70 POINTS!!!!

A market order has: a. Price uncertainty but not execution uncertainty. b. Both price uncertainty and execution uncertainty. c.

Ipatiy [6.2K]

Answer:

The correct answer is letter "A": Price uncertainty but not execution uncertainty.

Explanation:

When talking about trading orders, a market order is executed whether to buy or sell a security at market price. The market order does not follow the security's price at the bid or ask, it usually follows the last price at which the security was sold. Thus, that <em>price is always uncertain.</em>

The benefit of market order relies on the execution. Traders will not have to wait until another trader is willing to buy or sell at their desired level. The <em>market order will execute the order almost automatically</em> at the price the market has available.

6 0

3 years ago

RequiredIndicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholder

notsponge [240]

Find the given attachment

4 0

3 years ago

Cougar Corp (December 31st fiscal year end) purchased a piece of machinery, which it will use to produce inventory, on August 1s

Zanzabum

Answer:

accumulated depreciation = 241667

depreciation for 2016 = 6800

book value as December 2017 = 240000

Explanation:

solution

we know SLM depreciation per month is express as

depreciation = $\frac{cost -salvage value}{useful life}$

put here value

depreciation = $\frac{450000-50000}{4}$

depreciation = 100000

and

accumulated depreciation as of 31st December is

accumulated depreciation = $\frac{100000*(5+12+12)}{12}$

accumulated depreciation = 241667

and

depreciation per hour is

depreciation = $\frac{cost -salvage value}{estimated hours}$

depreciation = $\frac{450000-50000}{50000}$

depreciation per hour = 8

so depreciation for 2016 = 8500 × 8 = 6800

and

as depreciation by sum of year of digit method

depreciation = $\frac{(cost -salvage value)*useful life}{sum of year digit}$

so here sum of years digit = 1 + 2 + 3 + 4 = 10

so 1st year depreciation = $\frac{(450000-50000)*4}{10}$ = 160000

and next year depreciation = $\frac{(450000-50000)*3}{10}$ = 120000

so depreciation from august 2016 to july 2017 = 160000

and depreciation from august 2017 to December 2017 = $\frac{120000*5}{12}$ = 50000

so book value as December 2017 = 450000 - 160000 - 50000

book value as December 2017 = 240000

4 0

3 years ago

Alison Jacobs (single) purchased a home in Las Vegas. Nevada for $400,000. She moved into the home on September 1, year O. She l

Mrac [35]

Answer:

$3,750

Explanation:

Capital Gain tax is paid on the sale property value. According to tax rule if you sale your residence building the first $250,000 is exempt from the tax and the amount above this value will be taxed using rate of 15%.

Total Amount of Gain = $275,000

Amount Exempted = $250,000

Taxable value = $275,000 - $250,000 = $25,000

Tax value = $25,000 x 15%= $3,750

3 0

4 years ago

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year w

yan [13]

Answer:

(a) the first-in, first-out (FIFO) method; $1054

(b) the last-in, first-out (LIFO) method; $998 and

(c) the weighted average cost method $760

Explanation:

FIFO

Inventory ; 13 units × $38 = $494

14 units × $40 = $560

Total = $1054

LIFO

Inventory ; 13 units × $38 = $494

14 units × $36 = $504

Total = $998

weighted average cost

August 7

New Cost per Unit = ((14 units × $36) + (19 units × $38)) / ( 14 units + 19 units )

= $37.15

December 11

New Cost per Unit = ((33 units × $37.15) + (14 units × $40))/( 33 units+14units)

= $38.00

Inventory Cost = 20 units × $38.00

= $760

8 0

3 years ago