A block trade is a trade involving 10,000 or more shares by a single holder
Indicate whether this statement is true or false.
Answer: TRUE
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Trading securities were sold on January 3, 2018, for $65,000. Those securities were purchased for $52,000 on November 21, 2017, and they had a fair value on December 31, 2017, of $57,000. The entry to record the sale would include a
A) credit to Unrealized Holding Gain/Loss-Trading Securities of $8,000. B) debit to Unrealized Holding Gain/Loss-Trading Securities of $5,000. C) debit to Investment in Trading Securities of $5,000. D) credit to Gain on Sale of Trading Securities of $8,000.
Key variables that are identified in strategic planning are
a. normally controllable if they are internal. b. seldom if ever controllable. c. normally controllable if they occur in a domestic market. d. normally uncontrollable if they are internal.
The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 Actual: Variable factory overhead 202,500 Fixed
factory overhead 60,000 What is the amount of the factory overhead volume variance? A) $12,500 favorable B) $10,000 unfavorable C) $12,500 unfavorable D) $10,000 favorable
Purchasing agents derive much of their power within the buying center through which role?
A. initiator B. user C. gatekeeper D. decider E. influencer