You Would Like to Sell 100 Shares of Pfizer, Inc

question 76

Multiple Choice

You would like to sell 100 shares of Pfizer, Inc. (PFE) . The current bid and ask quotes are $27.22 and $27.25, respectively. You place a limit sell-order at $27.24. If the trade executes, how much money do you receive from the buyer?

• A) $2,722.00
• B) $2,724.00
• C) $2,725.00
• D) $5,446.00

---

Definitions:

Current Liabilities

Obligations that a company must pay within the coming year or within its normal operating cycle, indicating the company's short-term financial responsibilities.

Non-current Liabilities

Long-term financial obligations listed on a company's balance sheet that are not due within the next 12 months, such as loans, leases, and bond repayments.

Canada Pension Plan

A mandatory retirement savings plan to which employees and employers contribute, providing participants with a predictable income upon retirement.