Suppose that a limit order to sell 175 shares at $15.58 is followed by a market order to sell 50 shares. After these orders, what is the missing number (????) in the revised table below? (Enter your answer as a whole number without commas or decimals, e.g. 123.)

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter15: Shareholders’ Equity: Capital Contributions And Distributions
Section: Chapter Questions
Problem 2Q
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Gg.23.

 

The following table shows the order book for a particular
stock:
Buy Sell
Price Shares Price Shares
$15.58 100 $15.60 200
$15.55 250 $15.62 300
$15.53 200 $15.64 200
$15.51 100 $15.66 100
Suppose that a limit order to sell 175 shares at $15.58 is
followed by a market order to sell 50 shares. After these
orders, what is the missing number (????) in the revised
table below?
(Enter your answer as a whole number without commas
or decimals, e.g. 123.)
Buy
Price Shares
$15.55 ????
$15.53 200
$15.51 100
Transcribed Image Text:The following table shows the order book for a particular stock: Buy Sell Price Shares Price Shares $15.58 100 $15.60 200 $15.55 250 $15.62 300 $15.53 200 $15.64 200 $15.51 100 $15.66 100 Suppose that a limit order to sell 175 shares at $15.58 is followed by a market order to sell 50 shares. After these orders, what is the missing number (????) in the revised table below? (Enter your answer as a whole number without commas or decimals, e.g. 123.) Buy Price Shares $15.55 ???? $15.53 200 $15.51 100
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