Ask Question
BusinessBusiness
6 February, 11:15

Explain the difference between a bid price and an asked price and explain why the prices are different

+5
Answers (2)
  1. 6 February, 11:44
    0
    The bid price is what buyers are willing to pay for it. The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price.
  2. 6 February, 12:08
    0
    The bid price refers to the highest price a buyer will pay for a security. The ask price refers to the lowest price a seller will accept for a security. The difference between these two prices is known as the spread; the smaller the spread, the greater the liquidity of the given security.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain the difference between a bid price and an asked price and explain why the prices are different ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $ 20,000 $ 15,000 Direct labor 12,000 24,000 The company's overhead costs of $54,000 are allocated based on direct labor
Answers (2)
The most obvious benefit of specialization and trade is that they allow us to
Answers (1)
Zimbabwe's opportunity cost of one hairbrush is a. 10/3 toothbrushes and Portugal's opportunity cost of one hairbrush is 6/5 toothbrushes. b. 10/3 toothbrushes and Portugal's opportunity cost of one hairbrush is 5/6 toothbrush. c.
Answers (1)
Which of the following groups of accounts have a normal debit balance? Question 3 options: a) Assets and expenses b) Revenues and expenses c) Liabilities and stockholders' equity d) Assets and liabilities
Answers (1)
Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations: Demand: Q=160N-P Marginal Revenue: MR=160N-4Q Total Cost: TC=150+Q2 Marginal Cost: MC=
Answers (1)
New Questions in Business
Which of the following would increase the future value of a single cash flow? (A) decrease in the cash flow (B) an increase in the interest rate (C) a decrease in the time period (D) a decrease in the time period
Answers (1)
Diaz Company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation.
Answers (1)
Which of the following is considered to be an intangible or less visible cost that companies may incur when ethical wrongdoing is discovered and punished? A. A) Costs of providing remedial education and ethics training to company personnel B.
Answers (2)
What matters to people is the face value of money or income. a. True b. False?
Answers (1)
Conversion to an e-commerce or m-commerce system enables organizations to increase the accuracy of order processing and order fulfillment. a. True b. False
Answers (1)
Home » Business » Explain the difference between a bid price and an asked price and explain why the prices are different
Sign Up Forgot Password?