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stiv31
2 months ago
5

Though Miguel relies on his stockbroker to execute his buy and sell orders for shares of stock, he has found that the process of

buying or selling a share of stock on a major stock exchange normally takes ___.
Business
2 answers:
Nady [3.6K]2 months ago
7 0

Response

What is a stock exchange?

The term stock exchange, often used interchangeably with stock market, typically refers to a subset of the broader concept. When someone mentions trading in the stock market, they refer to buying and selling shares or equities within one or more exchanges that collectively form the overall market.

What constitutes the Stock Market?

The stock market represents a collection of markets and exchanges where the typical activities of purchasing, selling, and issuing shares of publicly-held companies occur. These financial dealings are commonly executed through formal exchanges or over-the-counter (OTC) marketplaces that operate under established regulations. A nation or region may have multiple venues for stock trading that facilitate transactions in stocks and other types of securities.

While Miguel depends on his stockbroker for wise investment choices, given the broker's expertise, which assists in selecting suitable stocks for investment.

Scilla [3.8K]2 months ago
4 0

Response:

The accurate answer is Seconds.

Clarification:

Stock exchange transactions exhibit a volatile nature, with the timeframes for executing trades typically being very brief due to the high trading volume. When considering stocks, especially with regard to the reputation of the exchange, it is quite common to see striking prices that result in swift market movements.

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A store sells 20 ice cream bars per hour for $4 each, but on discount days, it sells 35 ice cream bars per hour for $3. Based on
soldi70 [3635]

Answer:

The slope representing the correlation between ice cream price and the sales quantity is -1/15

Explanation:

To find the slope of the price and quantity of ice cream sold, the following calculation is needed:

Slope= change in yaxis( vertical)/change in xaxis(horizontal)

Slope= change in price/change in quantity demanded

Slope=P2-P1/Q2-Q1

Slope=3-4/35-20

Slope=-1/15

The slope representing the correlation between ice cream price and sales quantity is -1/15

6 0
2 months ago
Tryst Energy Inc. has an average age of inventory of 65 days, an average collection period of 60 days and an average payment per
soldi70 [3635]

Answer:

A total of $600,000 is needed for financing to support the cash conversion cycle

Explanation:

To determine the financing requirement, we start by calculating the cash conversion payable illustrated as follows:

Cash conversion cycle = Average inventory age + Average collection duration - Average payment time

= 65 + 60 - 65

= 60 days

Next, we must utilize the financing equation shown below:

= Total annual operating cycle outlays × cash conversion cycle ÷ total days in a year

= $3,650,000 × 60 days ÷ 365

= $3,650,000 × 0.16438

= $600,000

Hence, a financing amount of $600,000 is essential to sustain the cash conversion cycle.

4 0
2 months ago
Like A Wrecking Ball is a demolition company. At the end of a project, they presented their client with an invoice for $18,000 a
arsen [3447]

Answer:

Explanation:

The journal entry is presented beneath:

Cash A/c $18,000

    To Service revenue A/c $18,000

(Accountable for the receipt)

In this transaction, we debit the cash account because cash has been received and credit the service revenue since the service has been performed. Both entries are made for the amount of $18,000 to ensure accurate recording.

6 0
2 months ago
The cost constraint suggests that, even when the cost of providing accounting information exceeds its benefit, the financial acc
Nady [3600]

Answer:

False

Explanation:

According to GAAP, if the costs associated with providing accounting information surpass the benefits of obtaining such data, then it should not be reported.

For instance, there might be minimal discrepancies in particular accounts that prevent a balance sheet from being accurate. If the accounting mistake is negligible, such as a few hundred dollars, it isn't practical to have an entire audit team re-examine all financial statements to find the source of the error. An adjusting entry could be utilized to balance the accounts.

Consider a scenario where you, as an auditor, need to verify the physical inventory at a factory, but some supply boxes have been misplaced. Counting all supplies and materials again could take an entire day; however, is it truly worth that time? If the items are highly valuable, then yes, otherwise, if they consist of low-cost components, likely not.

3 0
2 months ago
Why do you think a reliable scholarly source is always stressed in academic writing?<br><br>​
harina [3808]
The importance of a reliable scholarly source in academic writing is emphasized, as it provides trustworthy information regarding the subject matter presented. It is crucial for writers to utilize credible sources, as the audience anticipates that their claims will be substantiated by factual evidence. Moreover, incorporating reliable scholarly sources enhances communication and fosters trust. Ultimately, it is essential for researchers or individuals to exclusively rely on credible sources in their writing.
7 0
1 month ago
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