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2 years ago

In an ___________ stock market it will make no difference whether new stock is obtained via rights or via direct purchase.

1 answer:

3 0

In an <u>efficient </u>stock market, it will make no difference whether a new stock is obtained via rights or via direct purchase.

Stock markets are venues where buyers and sellers meet to exchange equity shares of public corporations. Stock markets are components of a free-market economy because they enable democratized access to investor trading and exchange of capital. As a result, stock traders decided to meet at a London coffeehouse, which they used as a marketplace. Eventually, they took over the coffeehouse and, in 1773, changed its name to the "stock exchange." Thus, the first exchange, the London Stock Exchange, was founded.

Without a stock market, purchasing shares directly from a company or selling directly to new investors would be more complex and expensive.

learn more about Stock markets here

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3 years ago

Until recently, Rosemarie worked as an accountant, earning $30,000 annually. Then she inherited a piece of commercial real estat

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Answer:

-$12,000

Explanation:

Given that

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Economic profit = Total revenue - Total cost - Annually earning - Renting earning - Renting annually

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3 years ago

Company X sells their products exclusively to companies in the Y market. In estimating demand from their business customers, Com

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Answer:

derived demand

Explanation:

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3 years ago

On January 1 of this year, Nowell Company issued bonds with a face value of $240,000 and a coupon rate of 6.0 percent. The bonds

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Answer:

1. What was the issue price on January 1 of this year?

since the coupon rate was 6% and the market rate was the same, the bonds will be sold at par, so their issue price = $240,000

2. What amount of interest expense should be recorded on June 30 and December 31 of this year?

interest expense = coupon rate = $7,200 (for both June 30 and December 31)

3. What amount of cash is owed to investors on June 30 and December 31 of this year?

Face value = $240,000

4. What is the book value of the bonds on December 31 of this year, December 31 of next year?

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3 years ago

A department adds all raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughou

charle [14.2K]

Answer:

The equivalent units of production for conversion costs for the month of January is 78,760 units

Explanation:

The computation of the equivalent units of production for the conversion cost is shown below:

We know that,

Ending work in progress inventory = Units started - units completed

20,900 units = 91,300 units - units completed

So, units completed = 91,300 units -20,900 units = 70,400 units

It is given in the question that 40% ending work in progress inventory units is completed,

So completed units = 20,900 × 40% = 8,360 units

And,the equivalent units of production equals to

= Units completed + completed units in ending inventory

= 70,400 units + 8,360 units

= 78,760 units

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3 years ago