Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

On May 18th, 2021, Tesla stock (TSLA) trading information is as below: Time Open Previous Close High Low Volume Bid Ask 05/18/2021 568.00 576.83 596.25

On May 18th, 2021, Tesla stock (TSLA) trading information is as below:

Time

Open

Previous Close

High

Low

Volume

Bid

Ask

05/18/2021

568.00

576.83

596.25

563.38

36M

568.28

575.43

Based on the table above, what is the bid-ask spread?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Governmental And Nonprofit Accounting Theory And Practice

Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,

9th Edition

0132552728, 9780132552721

More Books

Students also viewed these Accounting questions

Question

★★★★★

Judges in many nations are trained for their offices in law school. They are hired into the judicial system and work their way up through that system. In the United States, there is no special...

Answered: 1 week ago

Question

★★★★★

List four advantages of regression analysis.

Answered: 1 week ago

Question

★★★★★

What is the simplest statistical model for relating a response variable to an exploratory variable?

Answered: 1 week ago

Question

★★★★★

Vera Ernst is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $20,000 cash in her business. 1 Hired a...

Answered: 1 week ago

Question

★★★★★

Table 8.5 Eastview Police Academy Percent Correct this page 0% To show the cell checking, put a check here: x Grade in Points (All Sheets) 0.00 Type your name here, Last Name First Eastview Only All...

Answered: 1 week ago

Question

★★★★★

uestion 4 - Step 3 - Fiscal Policy x G b. If the MPC is 0.667, how much > ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.c...

Answered: 1 week ago

Question

★★★★★

Making capital investment decisions: Project 1 (15 marks) The directors of XYZ Ltd. are considering whether to invest in two separate projects: one is small while the other is large. The company has...

Answered: 1 week ago

Question

★★★★★

The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. a. On July 31, the company's Cash account has a $25,104...

Answered: 1 week ago

Question

★★★★★

Peanut Company acquired 80 percent of Snoopy Company's outstanding common stock for $300,000 on January 1, 20X8, when the book value of Snoopy's net assets was equal to $375,000. Peanut uses the...

Answered: 1 week ago

Question

★★★★★

Required: Prepare all journal entries that Pintime should have entered on its books to record the business combination. Note: If no entry is required for a transaction / event , ?select " No journal...

Answered: 1 week ago

Question

★★★★★

Please help make a Journalizing with short description and T accounts and Trial Balance Recording Transactions in T-Accounts and Preparing a Trial Balance Nancy Mulles established the Mulles Data...

Answered: 1 week ago

Question

★★★★★

The relevance of the information to the interpreter

Answered: 1 week ago

Question

★★★★★

The first-hand information rule: If an event is communicated to us by someone who witnessed an event at first-hand, we will have more confidence in the information than if we were told about it by...

Answered: 1 week ago

Question

★★★★★

The background knowledge of the interpreter

Answered: 1 week ago

Previous Question Next Question