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Shkiper50 [21]
2 years ago
11

Jamal inherited some money when his grandmother died. He decided that he wants to invest it. His friend suggests that he goes to

an OTC market. Is this a good idea?
A.
No, that is where he would go to plan his estate.

B.
No, this is where is credit is evaluated by lenders.

C.
Yes, that is a network of brokers and dealers who help with investments.

D.
Yes, this will review all of his purchases and use that information to make suggestions.
Business
1 answer:
Finger [1]2 years ago
5 0

Jamal should go to the OTC market because C. it is a network of brokers and dealers who help with investments.

<h3>What is the OTC market?</h3>

These are markets where a person can buy or sell shares that are outside of the stock exchange.

The trades here are faciliatated by brokers and dealers who can help one with investments so Jamal can go to the OTC market for investment advice.

Find out more on the OTC market at brainly.com/question/25174961.

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Why is it important to not let slides distract from you
Art [367]

Answer:

because they are fun and if you get distracted you don't want to finish what you are doing

3 0
3 years ago
Read 2 more answers
The quantity of coffee sold fell sharply last month, while the price remained the same. Five people suggest various explanations
ra1l [238]

Answer:

Sam: Supply decreased, but demand was perfectly elastic.

Explanation:

Sam is right because the only possible explanation is that the demand is perfectly elastic and the supply decreased. When the price elasticity of demand is perfectly elastic, the demand curve is completely horizontal. Since the price of coffee remained the same, that means that the quantity demanded will decrease only if the supply of coffee decreased.

7 0
3 years ago
During 2018​, Doug incurs the following deductible​ expenses:
Alexus [3.1K]

The amount of Doug's taxable income is <u>$27,700</u>.

<u>Explanation</u>:

<u><em>GIVEN</em></u>:

AGI = $35,000

State income​ taxes = $2300

Local property taxes = $3000

Medical expense = $800

Charitable contribution = $2000

Total deduction amount= State income​ taxes+Local property taxes+Charitable contribution

                                        = 2300+3000+2000

                                        = $ 7300

Total deduction amount= $7300

Taxable income= $35000- $7300

                         = $27,700

The amount of Doug's taxable income is <u>$27,700</u>.

3 0
3 years ago
true or false: The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for mor
KIM [24]

Answer: True

Explanation: This quiz question explains the relationship between income and demand.

7 0
3 years ago
Theresa’s Flower Garden has 750 bonds outstanding that are selling for $989 each, 2,500 shares of preferred stock with a market
Sidana [21]

Answer:

weight of preferred stock = 4.63 %

Explanation:

given data

Number of outstanding bonds = 750

selling price  = $989 each

preferred stock = 2,500 shares

market price = $47 a share

number of common stock = 30,000

common stock valued = $56 share

solution

we first get here total market value that is express as

total market value  = Number of outstanding bonds × selling price per bond + number of preferred stock × market price per share + number of common stock × par value per share    ......................1

put here value and we get

total market value = 750 × $989 + 2,500 × $47 + 30,000 × $56

solve it we get

total market value = $2539250

and

here now we get weight of preferred stock that will be

weight of preferred stock = Total value of preferred stock ÷ total market value × 100   .........................2

put here value

weight of preferred stock = ( 2,500 × $47 ) ÷ $2539250  × 100

weight of preferred stock = 4.63 %

7 0
3 years ago
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