When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain point, it is called program trading.
<h3>What is program trading?</h3>
Program trading is what create space or time for multiple trades to occur simultaneously.
It is an automated process that gives instructions to computers to sell when price of a stock goes down to prevent loss.
Learn more about program trading here: brainly.com/question/13955369
#SPJ1
Answer:
Statement Savings Account is said to be a deposit account held by a bank where a customer can earn interest .
In Statement Savings Account, the interest will be relatively low and there may be a possibility of restricted number of withdrawals.
In Statement Savings Account, the interest rate gained can either increase or decline overtime while putting into consideration the interests rate set by the federal reserve.
In Statement Savings Account, a good number of this said savings investment offers debit cards which allows a customer to withdraw money via an ATM Machine or through electronic transfer.
In Statement Savings Account, there may be restrictions as regards the minimum account balance.
while
- In Certificates of Deposit, there is a strict requirement of meeting a minimum account and not being able to execute withdrawals from the said account for a given duration.
-
In Certificates of Deposit, there is a significantly higher interest rate that that of a savings account.
- In Certificates of Deposit, a penalty is put in place for initiating withdrawals prior maturity.
- In Certificates of Deposit, one is allowed to carry out withdrawals or roll the funds into a another certificate of deposit once the certificate of deposit term is completed.
This is the presentation of the income statement of
Builtrite in order to compute the net income:
Sales $700,000
Less: COGS $280,000
Gross Profit $420,000
Less: Operating expenses ($700,000 x 25%) $175,000
Dividends
expense $25,000
Capital loss $70,000 $270,000
Total $150,000
Add: Dividend income $40,000
Capital gain $55,000 $95,000
Net income $245,000
Answer:
labour rate variance = $616 unfavorable
Explanation:
The rate variance would be the difference between the standard labour cost of the 500 actual hours worked and the actual labour cost.
This derived below:
$
Standard labor cost ($23 per × 500) = 11500
Actual labour cost <u>(12,116</u>)
labour rate variance <u> </u> <u> $616</u> unfavorable
Answer:
C. order-to-payment cycle
Explanation:
Order to cash, also known as the or the quote-to-cash cycle, refers to the process of receiving and completing a sale the beginning with the placement of the order and ending with the payment.
I hope you find this information useful and interetsing! Good luck!
