"A customer places an order to buy 100 shares of ABC at the market. The broker enters the order and receives a report of execution shortly thereafter. Ten minutes later, the customer telephones, and states that he placed the order in error and wishes to cancel the order. The appropriate procedure is to:"

Answers

Answer 1

Answer:

Explanation:

In this situation , the order has been placed and executed . Cancelling the order is impossible . The execution of an order is the completion of a buy or sell order for a security ,hence it is irrevocable and biding on both the seller and the buyer and none of the two parties can cancel it at such time.

The best and appropriate procedure to handle the situation is to explain the procedures and guiding rules in buying stock to the customer and make him to realize that the order has been executed and biding on them.


Related Questions

Urban City wants to acquire undeveloped private land within the city limits to construct a public park. The city brings a condemnation proceeding to obtain title to the land and determine its fair value to be paid to the private owner. This is

Answers

Answer:

the power of eminent domain

Explanation:

Eminent domain is the power that can be excercised by a government to convert private property to public use. They must however compensate the owner of the property.

The government must display that the public use of the property is vital.

In the given instance Urban City wants to acquire undeveloped private land within the city limits to construct a public park.

The process by which they brought condemnation proceedings to obtain title to the land and determine its fair value to be paid to the private owner, is the government excercising their power of eminent domain

Assume that divisional income from operations amounts to $215,000 and top management has established 15% as the minimum rate of return on divisional assets totaling $1,000,000. The residual income for the division is

Answers

Answer:

$65,000

Explanation:

The computation of the residual income is shown below;

Residual income = Operating income - target income

where,  

Operating income is given in the question  

And, the target income could be calculated by

= Average invested assets × required rate of return

= $1000,000 × 15%

= $150,000

So, the residual income is

= $215,000 - $150,000

= $65,000

What are people with out a college education most likely to do

Answers

Fail and not be able to get a good paycheck

Mike, a minor, buys some real estate as an investment. The contract obligates Mike to make monthly installment payments for 10 years. Mike reaches the age of majority one month after making the contract. After this, Mike makes 25 monthly payments under the contract, but then decides that he wants to rescind the deal. Which of the following is most true?A. Mike can dis-affirm.B. Mike cannot dis-affirm because contracts for the sale of land can only be dis-affirmed before the age of majority.C. Mike cannot dis-affirm because contracts for the sale of land must be dis-affirmed within one year of the age of majority.D. Mike cannot dis-affirm because he has already ratified the contract.

Answers

Answer: d. mike cannot disaffirm because he has already ratified the contract

Explanation:

When signing deals it's important to consider long term, this helps to make the best decision in any and most scenario. Most deals signed too cannot be reversed or change or adjusted because it'll affect the policy of the organization and won't be health for them. Mike has agreed to buy a property through a spread payment plan, changing the deal now after some years will not be possible as it distorts the plan intially agreed and goes against the policy of the organization selling the home.

Two twelve-year-old boys were seriously injured when riding on a go-kart. The boys were riding on public streets, ran a stop sign, and were hit by a car that did not see them. The go-kart had clear warning labels on the sides stating that it was only for off-road use only. The manual stated the go-kart not to be used on public streets. The parents sued the go-kart manufacturer. One basic issue in this case would be:

Answers

Answer:

Disobedience of the law or it may be ignorance

Explanation:

It may be that the kids didnt see the sign or it might be ignorance

Suppose you have been inducted as IT Consultant (Cyber Security) in a growing E-Commerce driven business. How will you ensure security/privacy for online transactions over the internet while securing customer network/information/credentials?

Answers

Answer:

The question is one of Cyber Security.

To ensure security/privacy for online transaction while securing customer network, information and credentials, the first step is to ensure that:

1. The website itself is hosted with a very secure platform. This can be achieved by:

Picking the right hosting company.Ensuring that your hosting company itself utilizes secure servers and networks.Adding a two-factor authentication for the C-Panel and other access points to the hosted websiteEnsuring that the website is secured using a Secure Sockets Layer (SSL) protocol. This certificate helps to ensure the authentication, encryption and decryption of data transmitted over the Internet.

2. Use Web Application Firewall (WAF)

This is a hardware or software system that allows authorized traffic and blocks unauthorized or potentially malicious access to a network.

3. Ensuring that the website is compliant with PCI DSS requirements

PCI DSS refers to Payment Card Industry Data Security Standard.

This technology helps to eliminate fraud and secure e-commerce websites.

4. Real-Time Bot Detection Technology

Bots are also used by malicious people to steal information and or vendor data. If the website is enhanced with a Bot Detection Technology, it will help reduce the effects of such.

5. As an e-commerce business, one must force users to use very strong passwords. This may be done a the point of registration. Passwords boxes besides having the regular encryption must be configured to accept only strong passwords.

Cheers!

A company has average demand of 30 units per day. Lead time from the supplier averages seven days. Assume that the combined standard deviation of demand during lead time has been calculated and is equal to 20 units. One unit costs $10 and the inventory carrying cost is 25 percent. 1 standard deviation covers 84.13% 1.04 standard deviations covers 85% 1.28 standard deviations covers 90% 1.65 standard deviations covers 95% 1.96 standard deviations covers 97.5% 2 standard deviations covers 97.72% 2.33 standard deviations covers 99% 3 standard deviations covers 99.86% 6 standard deviations covers 99.99966% What is the reorder point for the company if it decides on a 99 percent service level?

Answers

Answer:

Re-order quantity = 256.6 or 257 units

Explanation:

We can calculate the reorder point for the company at 99% service level as follows

Solution

The Standard deviation of demand during lead time = sigma

Average daily demand = d

lead time = L

Standard deviation covered 99%  = Z

DATA

Sigma =20 units

d= 30 units per day

L= 7 days

Z= 2.3

Calculation

Reorder quantity = (d x L) + (Z x sigma)

Reorder quantity = (30x7) + (2.33 x 20)

Reorder quantity = 210 + 46.6

Reorder quantity = 256.6 or 257 units

how does tariffs impact employment?

Answers

Answer:

mark me as a brainlist answee

Explanation:

The levying of tariffs is often highly politicized. The possibility of increased competition from imported goods can threaten domestic industries. These domestic companies may fire workers or shift production abroad to cut costs, which means higher unemployment and a less happy electorate.

Andy tells Ervin and Marina that everyone will lose their jobs if the company goes out of business, whether they have guild protection or not. Which influence tactic is Andy most likely utilizing?

Answers

Answer:

Pressure

Explanation:

Influence Tactic are ways a leader tries to influence people working with him to do a particular task or improve performance.

Among the influence tactics available, the influence tactic that Andy is most likely utilizing when he says that everyone would lose their jobs if the company goes out of business, regardless of guild protection is Pressure.

Pressure as an influence tactic tries to influence people through the use of threats, demands, or intimidation to get them to agree with a request.

The Great Depression was caused by all of the following factors except Group of answer choices American industries and banks were not involved in the European economy some of the major banks did not have enough reserves to withstand an economic downturn prosperity was dependent on a few basic industries too few Americans were able to purchase goods produced by American industries there was an overwhelming maldistribution of wealth

Answers

Answer:

Correct answer:

1. American industries and banks were not involved in the European economy

Explanation:

The Great Depression is one of the worst period in the history of America where Americans where hit with severe economic crises. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

For a new Madden video game, EA Sports decides to have Antonio Brown on the cover and run an ad campaign on ESPN. After the advertisement has run, EA Sports asks ESPN viewers if they recall the advertising and if it changed their attitudes about the product. What is this process called?

Answers

Answer:

Post testing

Explanation:

Post-testing is the testing that could be done after finishing the product. It is to be done to check the performance, efficiency, effectiveness of the product so that if there is any error then it can be solved

Here in the given situation, after running the advertisement EA sports ask ESPN viewers for restarting the advertising also it changed the attitudes with respect to the product or not

So this we called as post-testing

Physical units to be accounted equals A : units started into production plus units in ending work in process inventory. B : units started into production plus units in beginning work in process inventory. C : units started into production less units in beginning work in process inventory. D : units completed and transferred out plus beginning work in process inventory.

Answers

Answer:

B : units started into production plus units in beginning work in process inventory.

Explanation:

If a Company uses process costing, the units to be accounted for are the units  that were in production during the period.

Units in production comprises of units in beginning work in process still to be completed as a result of previous process plus the units started into production during the period.

A 50-year old customer is in a very low tax bracket. She lives in a state that has one of the highest income tax rates. The customer is seeking income and preservation of capital. She has a 10 year investment time horizon. The best r
ecommendation would be a 10 year maturity:__________

a. Treasury Bond
b. investment grade corporate bond
c. investment grade municipal bond
d. Treasury STRIPS

Answers

Answer:

b. investment grade corporate bond

Explanation:

Credit rating is used to show the reliability of a security. The Investment Grade is a credit rating the is low risk bond. There is low possiblity of default on this type of investment.

Medium rating of A and BBB represent the investment grade corporate bond.

This is an attractive investment for the more conservative investor.

This is an ideal investment choice for the 50-year old customer with very low tax bracket, in a state with high income tax rates. So she is seeking income and preservation of capital.

The best recommendation for the 5o-year-old customer would be 10- year maturity that is known as an investment-grade corporate bond.

Bonds rated "investment-grade" are considered to just have positive significant credit ratings and a low risk of default. Top companies may benefit from their status as investment-grade credits, resulting in lower interest rates.

A corporate or municipal bond with an investment-grade rating has a relatively low risk of default. Companies with a "AAA" rating are considered the least likely to default, according to Standard and Poors.

Businesses that Moody deems to be the least probable to happen start receiving an "Aaa" rank.

To know more about the various securities with maturity periods, refer to the link below:

https://brainly.com/question/25385948

Buyers of put options anticipate the value of the underlying asset will __________, and sellers of call options anticipate the value of the underlying asset will ________. Group of answer choices Cannot tell without further information increase; decrease decrease; increase decrease; decrease increase; increase

Answers

Answer:

Decrease;decrease.

Explanation:

In Business, an option is a legal contract which gives a buyer the right but not an obligation, to sell (such as put) or buy (such as a call) the underlying asset at a specific or given price on or before a certain date.

Generally, buyers of put options anticipate the value of the underlying asset will decrease, and sellers of call options anticipate the value of the underlying asset will decrease.

The beta of Ricci Co.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what should investors expect as a return on on Ricci Co.?

Answers

Answer:

Investors expect a return of 37.80 %.

Explanation:

The return that investors expect is the cost of equity to Ricci Co.

Cost of Equity = Return on Risk Free Security + Beta × Risk Premium

Where,

Risk Premium = Return on Market Portfolio - Return on Risk Free Security

                        = 18.00% - 9.00%

                        = 9.00 %

Cost of Equity = 9.00% + 3.2 × 9.00 %

                       =  37.80 %

     

Evelyn invests $5,000 in a savings account that pays interest at a rate of 6.7% compounded annually. If she withdraws half the interest earned at the end of the third year, approximately how much additional interest does she earn during the fourth year

Answers

Answer:

$371

Explanation:

The computation of additional interest during the fourth year is shown below:

but before that we need to do the following calculations

Amount = Principal × (1 + (rate of interest ÷ (1 × 100)))^(1 × number of years)

A = $5,000 × (1 + (6.7% ÷ (1 × 100)))^(1 × 3)

= $5,000 × (1 + (6.7 ÷ 100))^(1 × 3)

= $5,000 × (1 + 0.067)^3

= $5,000 × (1.067)^3

= 5000 × 1.214

= $6,070

Now, Interest gained after 3 years on the amount of Principal is

= $6,070 - $5,000

= $1,070

Here Evelyn issued interest which is half that is earned at the end of the 3rd year

Sp,

Half of the interest gained will be

= $1,070 ÷ 2

= $535

Now,

The new Principal amount for 4th year is

= $6,070 - $535

= $5,535

So, the final amount in the fourth year is

A = P × (1 + (r ÷ n))^(nt)

= $5,535 × (1 + 0.067 ÷ 1 ]^(1 × 1)

= $5,535 × 1.067

= $5.905.845

Hence the additional interest in the fourth year is

= $5,905.845 - $5,535

= $370.845

or

= $371

Therefore for computing the additional interest during the fourth year we simply applied the above formula.

Among its assets are the following: (1) the showroom building, a separate building used to service customer cars, and various parking lots, (2) a nearby acre of land not currently used by the auto dealership, (3) new and used cars and trucks for sale to customers, and (4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced. The assets that are classified as plant assets on the company's balance sheet include

Answers

Answer:

(1) the showroom building, a separate building used to service customer cars, and various parking lots

(4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced.

Explanation:

Plant Assets are defined as assets in the business that are expected to provide the benefit of helping a company accrue revenue and have will have a useful life of more than a year.

The showroom building, a separate building used to service customer cars, and various parking lots are all places where the company performs business with the showroom showcasing cars for sale and the separate building being used for servicing cars which is another revenue stream.

The car that is used to provide rides to customers who prefer to wait at home while their cars are serviced is also a plant asset as it provides a value added service to customers who will be more likely to have repeat business with the company as a result thereby generating more revenue.

On January 1, 2019, Providence, Inc., Issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On January 1, 2019, Providence, Inc., Issues $1,000,000 of 10 percent, 5-year bonds at par value. Note: Enter debits before credits Date General Journal Debit Credit Jan 01

Answers

Answer:

01-Jan-19

Dr Cash $1,000,000

Cr Bonds Payable $1,000,000

Explanation:

Preparation of the Journal entry for Providence, Inc

Based on the information given we were told that the company issues the amount of $1,000,000 of 10% which include 5-year bonds at par value on January 1, 2019, this means that the Journal entry will be recorded as:

01-Jan-19

Dr Cash $1,000,000

Cr Bonds Payable $1,000,000

(To record bonds at par value)

The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.

Answers

Answer:

income-generating assets under the current account of the balance of payment.

Explanation:

Remember, the related term balance of payment refers to the calculation of a country's transactions at the international level for a specific period.

In other to determine the flow of money in and out of a country, the receipts from income-generating assets such as stocks (in the form of dividends) are thus recorded in the current account.

Three key takeaways from the history of credit in america

Answers

The Diners Club Card in 1950 was the first credit card. The Franklin National Bank situated in Long Island, New York, issued the first bank credit card in 1951.

The profitability of credit cards did not last long before others saw it and by 1953, and 60 credit card programs were in the United States.It recorded the ability to pay back debts and proved responsible for their repayment.

Following are the key purchases from American credit history:

Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.Includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.You will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.

Learn more:

brainly.com/question/7536106

Explanation:

I hope this image will help you

A local electricity - generating company has a monopoly that is protected by an entry barrier that takes the form of:________. a. economies of scale. b. perfectly inelastic demand curve. c. control of a key raw material. d. network externalities.

Answers

Answer:

a. economies of scale.

Explanation:

Economics of scale refers to a scale in which there is a benefit of the cost that occurs when there is an efficient production

It can be accomplished by rising the production at less cost this arise as cost are allocated among the larger number of goods

Here, the local electricity who generated the company has a monopoly and are safe from the entry barrier

So this is a case of economies of scale

Hence, the correct option is a. economies of scale

An accounting firm conducts periodic reviews of the distribution of pay and other rewards granted to employees, such as promotions and increased office space. The goal of the reviews is to confirm that employees who received greater pay increases or other favorable outcomes have made significant contributions to the organization. This ensures the company uses _______ when rewarding its employees.

Answers

Answer:

distributive justice

Explanation:

Distributive justice refers to the equitable distribution of resources among the different community members. Here, the total amount or any other thing could be fairly allocated to each employee or a member so that the bias could not be existed

Here in the given situation, the employee who made significant contribution to the organization in return they got their pay increased or other beneficial results

So this represents the distributive justice

What is a kiosk?
A. A stand-alone structure that offers information or a place to make
purchases
B. A display located at the end of an aisle in a store
C. A place that displays merchandise so that people can see it from
the street
D. A place in a store where people make purchases, including
impulse buys

Answers

Answer:

A kiosk is basically a structure where people can obtain information or make purchases. (Example: Information kiosk for a museum/visitor center).

Given this, one can clearly see that the correct answer is A. "A stand-alone structure that offers information or a place to make  purchases."

Let me know if this helps

Answer: A stand-alone structure that offers information or a place to make purchases

Explanation: Just took the test

Joan, who has a PhD in economics, has been employed as an agent by Gibraltar Securities for the past 15 years. Missing academic life, she resigns from the broker-dealer and accepts a position as an economics professor at a state university. Which, if any party, is required to notify the state securities Administrator of this change

Answers

Answer:

both the agent in question as well as the former broker/dealer are required to notify the Administrator promptly.

Explanation:

In the specific scenario that is being described both the agent in question as well as the former broker/dealer are required to notify the Administrator promptly. This is mainly due to the fact that the license that an agent possesses expires as soon as they cease to be employed by the broker/dealer and/or issuer for whom they were previously licensed. Therefore this information needs to be presented immediately to the securities administrator and her license needs to be revoked.

A third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own. This is called Group of answer choices

Answers

Answer: Capacity aggregation

Explanation:

Capacity aggregation is the planning and management of the entire capacity of the resources of an organization.

Capacity aggregation is when a third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own.

The government of Namibia is strapped for cash, and it has decided to tax all foreign investments (such as food packaged in the country) by up to 40 percent of the appraised value. The Namibian government has found that this is the handiest and quickest means of finding operating funds. The economic risk in discussion here is

Answers

Answer:

Tax control

Explanation:

Considering the scenario described above, the economic risk in the discussion here is TAX CONTROL.

This is because Tax Control is a means or process of identifying, securing, and controlling a company's tax risks to manage the total tax issues of the company involved.

Hence, in this case, the issue at hand is how the government of Namibia will be using the tax control framework to identify and secure tax returns from foreign investment.

On January 1, a company issues bonds dated January 1 with a par value of $320,000. The bonds mature in 5 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The market rate is 6% and the bonds are sold for $333,650. The journal entry to record the first interest payment using the effective interest method of amortization is: (Rounded to the nearest dollar.)

Answers

Answer: Debit interest expense $10,010, debit premium on bonds payable $1,190, credit cash $11,200.

Explanation:

Given the following :

Par value = $320,000

Bonds payable = $333,650

Market rate = 6% compounded semianually

Contract rate = 7%

Cash credited :

Par value * contract rate = $320,000 * 0.07 * 0.5 = $11,200

Interest Expense :

Bonds payable * market rate * 0.5

$333,650 * 0.06 * 0.5 = $10,009.5 (debit)

= $10,010 ( nearest dollar)

Discount Premium on bonds :

Cash - interest expense

$11200 - $10010 = $1,190

At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit sales of $975,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $580 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off.
Prepare the journal entries for these transactions.
View transaction list
Journal entry worksheet
1 2 3 4
Record the estimated bad debts expense.
Note: Enter debits before credits
Date General Journal Debit Credit
Dec 31
Record entry
Clear entry
View general journal

Answers

Answer:

Journal entries below

Explanation:

Dec 31, Bad debts expense a/c Dr $4,875

To Allowance for doubtful a/c Cr $4,875

(To record bad debt expense)

Feb 1, Allowance for doubtful a/c Dr $580

To Accounts receivable - P. Park a/c Cr $580

(To record allowance for doubtful a/c)

June 5, Accounts receivable -P. Park Dr $580

To Allowance for doubtful a/c Cr $580

(To record bad debt written off)

June 5, Cash a/c Dr $580

To Accounts receivable - P. Park a/c Cr $580

(To record cash paid).

• Chen write off the receivable from balance sheet using the percentage of sales method of receivable of ($975,000 × 0.5%) = $4,875.

• Also on February 1, Chen writes off P.Park from receivable of $580 since he knew he will not pay but did pay on June 5 for $580; meaning that Chen reinstate the receivable afterwards collected cash from receivable.

What profit-oriented pricing method is often used because of the difficulty in establishing a benchmark of sales or investment to show how much of a firm's effort is needed to achieve the target

Answers

Answer:a

Explanation:

Chad runs a coffee shop that has annual revenues of $300,000, supply costs of $60,000, and employee salaries of $60,000. He has the option of renting out the coffee shop for $80,000 per year, and he has three outside offers from competitors to work as a senior barista at Starbucks (for an annual salary of $30,000), at Simon's coffee house (for an annual salary of $40,000), and at Peet's coffee shop (for an annual salary of $60,000). He can only hold one job at a time. What should Chad do?

Answers

Answer:

Explanation:

Option 1

Revenue from coffee -300,000

Cost of sales -                60,000

Salaries -                         60,000

Net income                    180,000

Option 2

Rental income - 80,000

Option 3

Rental income -         80,000

Salary at Starbuck-    30,000

                                    110,000

Option 4

rental income              80,000

Salary at Simon            40,000

                                      120,000

Option 5

Rental income             80,000

salary at Peet               60,000

                                    140,000

Looking at all the options before Chad , his highest income compared to others options would come form running his own coffee shop,which is 180,000 . Therefore , it is advised that he should continue to run his own shop.

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