Ryan places a good-'til-canceled limit order to sell 300 shares of km at $18 a share. when his order reaches the trading floor, km is trading at $18.20. which of the following statements is true concerning roy's order? (a) the trade will not be executed and will be immediately cancelled.(b) the specialist will record the order in the order book and execute the trade as soon as the price hits $18.00.(c) the brokerage firm will sell the 300 shares at $18.20 and keep the additional $0.20 as a commission.(d) the order will be executed at $18.20 with the proceeds credited to roy's account.

What two things do you consider when evaluating the time value of money

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.