H5.Show proper step by step calculation An investor is aiming to buy 400,000 shares of the stock shown on the order book below. Allorders shown remain in place before execution.Buy Orders(Bids)Price27.1227.1027.0927.0527.01Quantity45,26771,186101,254125,666254,157Sale Orders (Offers)Price27.1627.1727.1927.2027.23Quantity100,047153,111211,156257,986341,098What is the average execution price correct to three decimal places?

When an investor is buying shares, in that case, sales order (offers) will be considered.Buy…

Answered: An investor is aiming to buy 400,000…

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter20: Accounting For Inventory

Section20.1: Determining The Quantity Of Merchandise Inventory

Problem 1WT

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The following order book exists for a particular stock. The last trade on the stock was at $75.52. Buy Orders Shares 250 600 900 75 Share price Price $75.51 75.50 75.49 75.47 Sell Orders Share price Shares 200 500 1,000 400 750 a. If you place a market buy order for 100 shares, at what price will it be filled? (Round your answer to 2 decimal places.) Price $75.54 75.55 75.57 75.58 75.59 b. If you place a market sell order for 200 shares, at what price will it be filled? (Round your answer to 2 decimal places.)
In a dealer's market, the bid and ask price of a stock is $31.06 and $31.33, respectively. You sell 100 shares and pay a flat fee of $5 to your broker. Your selling price and the total transaction cost are: A. $31.06, $13.5 B. $31.33, $18.5 C. $31.33, $13.5 D. $31.06, $18.5
Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $50. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $49.75 500 $ 49.80 100 49.70 900 49.85 100 49.65 700 49.90 300 49.60 400 49.95 100 48.65 600 a. If a market buy order for 100 shares comes in, at what price will it be filled? b. At what price would the next market buy order be filled? c. If you were a security dealer, would you want to increase or decrease your inventory of this stock?
Answer ASAP accurately
Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $50. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $ 49.75 500 $ 49.80 100 49.70 900 49.85 100 49.65 700 49.90 300 49.60 400 49.95 100 48.65 600 Required:a. If a market buy order for 100 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.) b. At what price would the following market buy order be filled? (Round your answer to 2 decimal places.) c. If you were a security dealer, would you want to increase or decrease your inventory of this stock?
Use the table for the question(s) below. Consider the following two quotes for XYZ stock: November 11th November 18th Ask: 25.25 Ask: 26.00 Bid: 25.20 Bid: 25.93 How much would you have to pay to purchase 100 shares of XYZ stock on November 18th? A) $2520 B) $2525 C) $2593 D) $2600
Consider the following limit order book. Limit buy order: Price Size 84.77 200 84.76 100 84.75 400 Limit Sell Order Price Size 84.79 100 84.80 300 85.70 700 If you submitted a market sell order for 400 shares, how much would you receive?
You would like to sell 200 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.66 and $4.62, respectively. You place a limit sell order at $4.65.If the trade executes, how much money do you receive from the buyer?
You purchased XYZ stock at $50 per share. The stock is currently selling at $65. Your gains could be protected by placing a _________. Group of answer choices limit buy order limit sell order market order stop-loss order
Godo
Selling Stock with a Limit Order You would like to sell 100 shares of Pfizer, Inc.(PFE). The current bid and ask quotes are $27.37 and $27.40, respectively. You place a limit sell-order at $27.39. If the trade executes, how much money do you receive from the buyer? $2,740 $2,739 $2,737 $5,477
Use the table for the question(s) below. Consider the following two quotes for XYZ stock: November 11th November 18th Ask: 25.25 Ask: 26.00 Bid: 25.20 Bid: 25.93 How much would you receive if you sold 200 shares of XYZ stock on November 11th? A) $5050 B) $5040 C) $5186 D) $5200

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