Chapter 1-3: Discuss the relationship between the manager and managerial accounting, vacious important terms and (CVP) cost-volume-profit.October 18, 2020 1. IPOS: Go to http://www.marketwatch.com/tools/ipo-calendar and find one upcoming IPO. List company name, proposed symbol, Exchange, IPO price range, shares and week of IPO. Do you want to buy IPO stocks from the above company or not, Why?2. Go to the website http://www.barrons.com/articles/barrons-online-broker-survey-2017-how-they-stack-up- 1489814475 Here you can read the Barron’s annual broker survey and download the “How the Brokers Stack Up” report, which contains a list of fees. Suppose that you have $3,000 to invest and want to put it in a non-IRA account.2.1. Are all of the brokerage firms suitable if you want to open a cash account? Are they all suitable if you want a margin account?2.2. Choose two of the firms listed. Assume that you want to buy 200 shares of LLY stock using a market order. If the order is filled at $42 per share, how much will the commission be for the two firms if you place an online order?2.3. Are there any maintenance fees associated with the account at either brokerage firm?2.4. Now assume that you have a margin account and the balance is $3,000. Calculate the interest rate you would pay if you borrowed money to buy stock. “Is this question part of your assignment? We Can Help!”
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