User Account

All Pages

Calculate the vwap benchmark

Assignment Help Managerial Accounting
Reference no: EM132613500

The market opens at 9:30 AM, at which point 15,000 shares of ABC stock trade at $35.66 a share.

  • You decide to trade to buy 1,800 shares of ABC at 10:50 AM. The best bid and ask prices at this time are $36.05 and $36.08, respectively.
  • Another trader's order executes at 11:25 AM at a price of $36.20 for 850 shares. The best bid and ask prices at this time are $36.20 and $36.22, respectively.
  • At 11:59 AM, 690 shares of your order gets executed at a price of $36.05. The best bid and ask prices at this time are $36.20 and $36.05, respectively.
  • Another trader's order for 3,000 shares is executed at 2:16 PM at a price of $36.15.
  • At 3:50 PM, another 795 shares of yours are executed at $36.03. The best bid and ask prices at this time are $35.99 and $36.03, respectively.
  • Finally the market closes at 4 PM, when the best bid and ask prices are $35.91 and $35.94, respectively.
  • Assume that there are no other transactions in ABC stock during the day.

Problem 1: Calculate the VWAP benchmark?

Option 1: 35.782

Option 2: 25.782

Option 3: 45.782

Option 4: 55.782

Reference no: EM132613500

Questions Cloud

What is the effect of the errors on net income : Moonland Company's income statement contained the following errors: What is the effect of the errors on 2018 net income before taxes
What is the transaction cost according to the vwap benchmark : What is the transaction cost according to the VWAP benchmark? The market opens at 9:30 AM, at which point 15,000 shares of ABC stock trade at $35.66 a share.
Is the child functioning at an appropriate level : Is the child functioning at an appropriate level and to provide evidence through theorists - You must tie what you are saying to theorists
How many people live below poverty level in your community : How many people live below the poverty level in your community? What does this mean for your community (what issues arise from the poverty level and the number)
Calculate the vwap benchmark : Calculate the VWAP benchmark? You decide to trade to buy 1,800 shares of ABC at 10:50 AM. The best bid and ask prices at this time are $36.05
Description of the type of organization : Description of the type of organization you would like to develop a set of guidelines on how to initiate a system for ISO-9000 certification.
What is the transaction cost according to the twap benchmark : What is the transaction cost according to the TWAP benchmark? The market opens at 9:30 AM, at which point 15,000 shares of ABC stock trade at $35.66 a share.
What is the current value of hawaii common stock : Required: What is the current (end-of-2020) value of Hawaii's common stock, P0 = P2020.
How would you help an elderly patient adjust to the changes : Age related changes can affect the lifestyle/quality of life of the elderly. What do you think are the two most prevalent age-related changes that affect the.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd