Complete question:
Bressler’s would like to sell 600shares of stock using the Dutch auction method. The bids received are as follows:
Bidder Quantity Price $
A 100 818
B 300 17
C 400 16
D 700 15
The bids received are as follows: Bidder A will receive _____ shares and pay a price per share of ____.
Solution:
Bidder A's quantity = [600 /(100 + 300 + 400)] ×100
= 75 shares
All successful bidders will pay $16 a share
The bids received are as follows:
Bidder A will receive 75 shares and pay a price per share of $16 .
A Dutch auction is a trading system (such as an initial open bid) whereby the stock price offered is reduced before appropriate offers are available for selling all shares. Each stock is then sold at that price.
Answer: i hope this helps some its all i can do for now
Explanation:
Answer:
e. None of the above.
Explanation:
When the stock price follows a random walk the price today is said to be equal to the prior period price plus the expected return for the period with any remaining difference to the actual return due <u>due to new information related to the stock"</u>. This is because any new information on stock which is unrelated to stock prices will lead to an increase/decrease in the stock price over a period of time.
The two things that made managing global operations to be
easier are the following;
<span>·
</span>Technology – Machines and scientific knowledge
that are helpful in advancing and dealing with certain fields to make it easier
and to develop
<span>·
</span>Free Trade – This is a way of having imports or
exports to be made to different countries in which the government of a certain
country does not restrict or prevent it from happening.
Answer: $721 Unfavorable
Explanation:
The following can be deduced from the question:
Actual hours = 3690 hours
Standard hours = 3620 hours
Standard rate per hour = ($14000 + $27200) / 4000
= $41200 / 4000
= $10.30 per hour
Therefore, the overall variable overhead efficiency variance for the month is calculated as:
= (Actual Hours - Standard Hours) × Standard rate per hour
= (3690 - 3620) × $10.30
= 70 × $10.30
= $721 Unfavorable
