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Alja [10]
2 years ago
10

Eduardo sold 500 shares of northcutt corporation stock on the new york stock exchange. this transaction:____.

Business
1 answer:
Rasek [7]2 years ago
7 0

Since Eduardo sold 500 shares of Northcote corporation stock on the new York stock exchange. this transaction is known to be occurred in the secondary market.

<h3>What Is a Secondary Market? </h3>

The secondary market is known to be a type of a market where investors are said to come together so as they can be able to buy and sell securities that they are said to have  already own.

Note that it is what a lot of  people often  think of as the "stock market," and as such, Since Eduardo sold 500 shares of Northcote corporation stock on the new York stock exchange. this transaction is known to be occurred in the secondary market.

Learn more about secondary market from

brainly.com/question/14484986

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: Eduardo sold 500 shares of Northcutt Corporation stock on the New York Stock Exchange. This transaction: Multiple Choice took place in the primary market occurred in a dealer market occurred in the secondary market. involved a proxy

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Explain primary and secondary function​
Andrei [34K]
Primary functions are known as original functions. they are medium exchange and measure of value. (Main or Basic Functions)


secondary functions include standard of deferred payments, store of value and transfer of value. (Subsidiary or Derivative Functions)
6 0
3 years ago
Andrews Company manufactures a line of office chairs. Each chair takes $18 of direct materials and uses 1.9 direct labor hours a
madam [21]

Answer:

See below

Explanation:

Direct materials :

$18

Direct labor :

1.9 hours × $18 labor costs

$34.2

Overhead

1.9 labor hours × ($1.50 fixed rate + $1.0 variable rate)

$4.75

Total unit cost

$18 + $34.2 + $4.75

$56.95

Cost to produce 640 chairs :

640 chairs × $56.95 per chair = $36,448

7 0
3 years ago
Rossdale Co. stock currently sells for $69.35 per share and has a beta of .90. The market risk premium is 7.30 percent and the r
miss Akunina [59]

Answer:

9.52%

Explanation:

Cost of equity can be determined using the capital asset pricing model

he capital asset price model: cost of equity = risk free + (beta x market risk premium )

Risk free return = return on a risk free asset

Beta is a measure of the systematic risk.  

Risk premium = market rate of return - risk free rate

2.95% + (0.90 x 7.30%) = 9.52%

5 0
3 years ago
Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to Individual B. Individual A r
Alexandra [31]

Answer:

Recognized gain

Explanation:

The character of the gain is Recognized gain. A recognized gain is a gain/profit that is gotten from the sale of one's asset when the asset is sold above the price that was initially paid for the assets. Therefore individual A after selling the Rental buildings, office equipment, Furniture and Land to Individual B, still rents the Building to commercial tenants in other to realize the remaining gain, from the sale of the assets.

5 0
3 years ago
According to the Florida bureau of economic research, the mean rent price for condo in Florida is $ 700, We want to test this hy
CaHeK987 [17]

Answer:

The answer is a.

Explanation:

I can safely say that in order to have an exact value of an average of $ 700, it is because an initial survey had to be made of people in 50 condominiums that allowed finding several sample means and finally finding the total sample mean, this data allows determining an exact average of reliable values ​​supplied by respondents in the sample.

8 0
3 years ago
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