Describe the typical order characteristics you will encounter
What will be an ideal response?
Answer: You will want to order in either round or odd lots. A round lot is a group of 100 shares of common stocks. Round lot trading occurs on the NYSE. An odd lot is an order of less than 100 shares of stock. If you want your order to be filled only on the day it was given, be sure to use a day order. If you want the order to remain effective until it is filled, use an open or good-till-canceled order.
Use a market order to buy or sell securities immediately at the best price available. You use a limit order when you specify that the trade is to be only at a certain price or better. Use a stop or stop-loss order to sell if the price drops below a specified level or to buy if the price climbs above a specified level. They are used to protect your profits.
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Assuming equal time intervals between the payments and a constant rate of return, which of the following cash flow patterns represents an annuity? Year 1 Year 2 Year 3 Year 4 Year 5 Year 6A)$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 B)$500 $0 $500 $500 $500 $0 C)$100 $200 $300 $400 $500 $600
A. A B. B C. C D. Any of the answers can represent an annuity.
As material is keyboarded on a desktop computer using word processing, it is held in the computer's random access memory until permanently saved to another medium
Indicate whether the statement is true or false.
The five key elements that make the current business environment different from those of the past include globalization, technological change, the importance of knowledge and ideas, collaboration across organizational boundaries, and an increasingly diverse labor force.
Answer the following statement true (T) or false (F)
In __________ the goods are sold and delivered to the buyer with an option to return them to the seller
a. a bailment b. a sale on approval c. a sale or return d. entrusting to a merchant