Alex bought 100 shares of CBG corporation at $20 per share. It is now selling at $50 and Alex has placed a stop loss order at $47.50, good til canceled. Which of the following is true?
A) If the price falls to $40, there is a high probability that Alex will sell at a price close to $47.50.
B) If the price falls, to $40, Alex can be sure that the stock will sell at $47.50 or higher.
C) If the price falls overnight to $40 and continues to fall from there, Alex will not be able to sell his stock.
D) If the price falls briefly below $47.50 but bounces back before the order can be executed, Alex will still own the stock.
Answer: A
You might also like to view...
Who usually authorizes a purchase requisition?
a. the supervisor of the requisitioning department b. the purchasing manager c. a purchasing agent d. a customer
Which of the following is NOT an assumption of cost-volume-profit (CVP) analysis?
A) The only factor that affects total costs is a change in volume, which increases or decreases total variable and mixed costs. B) The price per unit does not change as volume changes. C) Total fixed costs do not change. D) The price per unit changes as volume changes.
Answer the following statements true (T) or false (F)
1. How much a nonprofit spends on fund-raising is a method of financial performance measurement. 2. Benchmarking is a way nonprofits compare themselves to similar organizations. 3. The logic model is a method used to measure a nonprofit’s financial management capabilities. 4. The acronym SROI stands for “standard run on inventory.” 5. Performance measurement is one way a nonprofit can ensure it is achieving its mission.
Describe any five occasions that call for a written thank-you letter
What will be an ideal response?