Mr. Carlos Small is an entrepreneur who has done very well in business and would like to become an investor on the Jam Love Stock Exchange. Mr Small has never invested on exchange before and is not knowledgeable of how it is operated and its functions. He has watched the Financial Report on Television Jamaica for many years and is familiar with a few terms such as liquidity, stock advancing, stock declining and stock trading firm but he does not know what they mean and how to read and understand the stock market reports that are published in the major newspapers in the country. Mr. Small was encouraged to speak with a stock broker at VLC Investment Company. Mr. Smith took the advised and visited VLC Investment Company where he met Mr. Peter Brown a stock broker, who answered all is queries and concerns. Mr. Peter Brown used a stock market report to illustrate the following: stock Jam Love Stock Exchange Security Volume Value This Period's Change Close Closing Closing Traded Traded Price Bid (S)Ask High(S) Low($) 2$ (S) (S) ($) AFS 6 400 192 000 30.00 30.00 2.50 30.00 30.00 32.00 ВPG 14 520 627 390 50.00 40.40 9.59 50.00 46.50 50.00 CÁC 2000 | 24 800 151 280 6.10 6,10 -0.30 6.10 6.00 6.10 CFF 85 656 779 920 9.50 8.50 0.66 9,49 9,05 9.50 CPJ 86 867 373 270 4.50 4.10 0.41 4.46 4.45 4.50 CBJ 642 091 2 067 658 3.70 2.97 0.79 3.60 3.60 3.95 DCL 8697 126 579 14.74 14.30 -0,74 14.74 14.00 14.74 HBL 378 281 2 650 863 7.49 6.65 0.00 7.38 7.20 7.25 JTL 128 134 | 1 137 592 9.50 8.50 0.05 8.65 8.60 9.00 JCL 751 153 7 735 657 10.50 9.50 0.00 10.48 9.50 10.50 LDL 1 056 151 |7 525 294 7.30 7.00 -0.08 7.30 7.25 7.30 Questions 2. As a prospective investor explain whether the following are good or bad deals: i. CFF selling for $15.00 ii. DCL selling for $ 10.00
Mr. Carlos Small is an entrepreneur who has done very well in business and would like to become an investor on the Jam Love Stock Exchange. Mr Small has never invested on exchange before and is not knowledgeable of how it is operated and its functions. He has watched the Financial Report on Television Jamaica for many years and is familiar with a few terms such as liquidity, stock advancing, stock declining and stock trading firm but he does not know what they mean and how to read and understand the stock market reports that are published in the major newspapers in the country. Mr. Small was encouraged to speak with a stock broker at VLC Investment Company. Mr. Smith took the advised and visited VLC Investment Company where he met Mr. Peter Brown a stock broker, who answered all is queries and concerns. Mr. Peter Brown used a stock market report to illustrate the following: stock Jam Love Stock Exchange Security Volume Value This Period's Change Close Closing Closing Traded Traded Price Bid (S)Ask High(S) Low($) 2$ (S) (S) ($) AFS 6 400 192 000 30.00 30.00 2.50 30.00 30.00 32.00 ВPG 14 520 627 390 50.00 40.40 9.59 50.00 46.50 50.00 CÁC 2000 | 24 800 151 280 6.10 6,10 -0.30 6.10 6.00 6.10 CFF 85 656 779 920 9.50 8.50 0.66 9,49 9,05 9.50 CPJ 86 867 373 270 4.50 4.10 0.41 4.46 4.45 4.50 CBJ 642 091 2 067 658 3.70 2.97 0.79 3.60 3.60 3.95 DCL 8697 126 579 14.74 14.30 -0,74 14.74 14.00 14.74 HBL 378 281 2 650 863 7.49 6.65 0.00 7.38 7.20 7.25 JTL 128 134 | 1 137 592 9.50 8.50 0.05 8.65 8.60 9.00 JCL 751 153 7 735 657 10.50 9.50 0.00 10.48 9.50 10.50 LDL 1 056 151 |7 525 294 7.30 7.00 -0.08 7.30 7.25 7.30 Questions 2. As a prospective investor explain whether the following are good or bad deals: i. CFF selling for $15.00 ii. DCL selling for $ 10.00
Business Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter2: Business Ethics And Social Responsibility
Section: Chapter Questions
Problem 3QAP
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Question
Transcribed Image Text:Mr. Carlos Small is an entrepreneur who has done very well in business and would like to
become an investor on the Jam Love Stock Exchange. Mr Small has never invested on a stock
exchange before and is not knowledgeable of how it is operated and its functions. He has
watched the Financial Report on Television Jamaica for many years and is familiar with a few
terms such as liquidity, stock advancing, stock declining and stock trading firm but he does not
know what they mean and how to read and understand the stock market reports that are
published in the major newspapers in the country. Mr. Small was encouraged to speak with a
stock broker at VLC Investment Company. Mr. Smith took the advised and visited VLC
Investment Company where he met Mr. Peter Brown a stock broker, who answered all is queries
and concerns. Mr. Peter Brown used a stock market report to illustrate the following:
Jam Love Stock Exchange
Security
Volume
Value
This Period's
Change
Close
Closing
Closing
Traded
Traded
Price
Bid
(S)Ask
High(S)
Low($)
$
(S)
(S)
(S)
AFS
6 400
192 000
30.00
30.00
2.50
30.00
30.00
32.00
ВPG
14 520
627 390
50.00
40.40
9.59
50.00
46.50
50.00
CÁC 2000 | 24 800
151 280
6.10
6,10
-0.30
6.10
6.00
6.10
CFF
85 656
779 920
9.50
8.50
0.66
9,49
9,05
9.50
CPJ
86 867
373 270
4.50
4.10
0.41
4.46
4.45
4.50
CBJ
642 091
2 067 658
3.70
2.97
0.79
3.60
3.60
3.95
DCL
8697
126 579
14.74
14.30
-0,74
14.74
14.00
14.74
HBL
378 281
2 650 863
7.49
6.65
0.00
7.38
7.20
7.25
JTL
128 134
1 137 592
9.50
8.50
0.05
8.65
8.60
9.00
JCL
751 153
7 735 657
10.50
9.50
0.00
10.48
9.50
10.50
LDL
1 056 151
7 525 294
7.30
7.00
-0.08
7.30
7.25
7.30
Questions
2. As a prospective investor explain whether the following are good or bad deals:
i. CFF selling for $15.00
ii. DCL selling for $ 10.00
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