Here is a small part of the order book for Mesquite Foods:BidAskPriceSizePriceSize$ 98190$ 98.50380$ 97.50380$ 98.80380$ 96760$ 99660$ 94.80570$ 99.50670a. Georgina Sloberg submits a market order to sell 190 shares. What price will she receive?Price$Answer is complete and correct.98b. Norman Pilbarra submits a market order to buy 760 shares. What is the maximum price that he will pay?Note: Round your answer to 2 decimal places.× Answer is complete but not entirely correct.Maximum price$98.00

B. The market buy order will be executed at the ask prices available in the market.The first 380…

Answered: Here is a small part of the order book…

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 4FPE

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Here is a small part of the order book for Mesquite Foods: Bid Size 100 Price Size 200 $ 103 $ 102.50 200 $ 101 300 $ 99.80 400 a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? 200 400 300 Ask Price $103 Price $ 103.50 $ 103.80 $ 104 $ 104.50 Answer is complete and correct. b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. Answer is complete but not entirely correct. Maximum price $ 101.00 c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately? Yes No
A4)
Sales promotions Assume that Stacey Bauer clipped from a newspaper advertisement a coupon for $2 off any 20" pizza from Rosa & Gene's Pizzeria. Stacey ordered a 20" pizza with three toppings for $18.75. When the pizza arrived, Stacey gave the delivery person $20. a. How much change should Stacey receive from the delivery person? Round your answer to two decimal places. b. How much would Rosa & Gene's Pizzeria record for the sale of the pizza to Stacey? Round your answer to two decimal places. c. Did Rosa & Gene's Pizzeria incur a liability when it placed the $2-off coupon advertisement in the newspaper?
Give only typing answer with explanation and conclusion An online store holds a sale. Of the 400 customers who make purchases during the sale, 80 use a coupon. What percent of the customers do not use a coupon?
A manufacturer offers a 30/25 chain discount if the invoice subtotal is above $1,000. If the list price is $80 per item, what is the total price of the first invoice that activates the chain discount? F4 A. $546.00 ©2003-2022 International Academy of Science. All Rights Reserved. C. $468.00 T % 5 Q Search F5 F6 6 i & F7 7 F8 8 B. $504.00 D. $588.00 DELL F9 9. prtsc F10 home F11 a end F12 Insert 2+11.
As part of the employment interview for an accounting job at Sound Design, you have been asked to answer the questions below, based on an invoice from one of Sound Design's vendors, Target Electronic Wholesalers. Invoice Stock # Description Unit Price Amount 4811V Stereo Receivers 50 ✕ $291.50 = _______________________ 511CX Blu-Ray Players 25 ✕ $139.28 = _______________________ 6146M Home Theater Systems 40 ✕ $659.12 = _______________________ 1031A LCD TVs 20 ✕ $598.00 = _______________________ Merchandise Total _______________________ Insurance + Shipping $1,250.00 Invoice Total _______________________ An invoice. The top of the invoice is divided into several distinct sections. The first section is located in the top left of the invoice, is unlabeled, and contains an image of a target with an arrow in the center of the target. The second section is located in the top center of the invoice, is unlabeled,…
Use the information for the next four (4) questions. ABC Company included one coupon in each box of cereal sold. A bowl was offered as a premium to customers who send in 15 coupons and a remittance of P15. Distribution cost of premium is P7.5. Experience indicated that only 30% of the coupons will be redeemed. 2020 2021 Boxes of cereal sold 3,000,000 3,750,000 Number of bowls purchased at P75 each 75,000 120,000 Coupons redeemed 600,000 1,050,000 1. What is the premium expense for 2020? 2. What is the premium liability on December 31, 2020? 3. What is the premium expense for 2021? 4. What is the premium liability on December 31, 2021?
Use the information for the next four (4) questions. BCD Company included one coupon in each box of cereal sold. A bowl was offered as a premium to customers who send in 15 coupons and a remittance of P15. Distribution cost of premium is P7.5. Experience indicated that only 30% of the coupons will be redeemed. 2020 2021 Boxes of cereal sold 3,000,000 3,750,000 Number of bowls purchased at P75 each 75,000 120,000 Coupons redeemed 600,000 1,050,000 A.) What is the premium expense for 2020? B.) What is the premium liability on December 31, 2020? C.) What is the premium expense for 2021? D.) What is the premium liability on December 31, 2021?
Calculate the Cost of Goods Sold from the following: Per unit cost $3, Opening stock 350 nos, Closing stock 125 nos. Question 16 options: $375 $675 $1050 please answer do not image .
Find the total for the invoice below. Stock # Quantity Unit 424 501 127 O $1,077.50 O $1,131.50 O $1,144.50 O $1,198.50 25 20 18 ea. ea. ea. Description Sm. Shirts Md. Shirts Lg. Shirts Unit Price $21.50 $20.00 $11.50 Invoice Subtotal Shipping Charges Invoice Total Total $54.00
A. Solve the following (round off 2 decimal places): 1. How much is the discount for an item with a list price of P13,500 subject to a 15% discount? What is the net price? 2. A cabinet listed at P14,000 is sold to a retailer at 14.7% discount. Find the amount of trade discount and the net price. al dinning sets at the s 3. Two suppliers offer identical dinning sets at the same list price. However, Company A gives trade discount series of 15%, 10 %, and 10% while Company B offers 20%, 10%, and 5%. Which is a better discount for the buyer? 4. Yuki bought a notebook set for P250. She spent P20 for transportation fee. She sold her notebook for P260. a. How much is the profit or loss? b. What is the profit/loss percent? VICI VE
swiftly company has an offer to purchase 120seeds for $120. 220seeds for $170 or 320seeds for 195. this offer includes a

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