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Gnoma [55]
4 years ago
12

Which one of the following statements is correct? All of the major stock exchanges are U.S. based. The NYSE was created by the N

ational Association of Securities Dealers in the early 1930s. The Chicago Stock Exchange is a dealer market. OTC markets have a physical trading floor generally located in either New York City or Chicago. The primary purpose of the NYSE is to match buyers with sellers.
Business
1 answer:
abruzzese [7]4 years ago
3 0

Answer:

The primary purpose of the NYSE is to match buyers with sellers.

Explanation:

The New York Stock Exchange (NYSE) is a collection of domestic and foreign securities, including stocks, bonds and other investments traded in a public market for investors to buy and sell

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Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. If he can earn 7 percent on any investme
artcher [175]

Answer:

Total future value= $16,402.09

Explanation:

Giving the following information:

Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. He can earn 7 percent on any investment that he makes.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Year 1= 4,450*1.07^3= 5,451.44

Year 2= 4,775*1.07^2= 5,466.90

Year 3= 5,125*1.07= 5,483.75

Total future value= $16,402.09

6 0
3 years ago
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A blue ocean strategy differs from a low-cost strategy in that
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The focus of a blue ocean strategy is on lowering the economic value created, whereas a cost-leader focuses on increasing the economic value created.
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2 years ago
Labels Plus, LLC, exports specialty printing equipment for the labeling, flexible packaging, and carton industry. Due to increas
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Label Plus, LLC, ......................... Due to increased support from DEPARTMENT OF COMMERCE'S BUREAU OF INDUSTRY AND SECURITY.
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6 0
4 years ago
Lena Company has provided the following data (gnore income taxes); 2016 revenues were $77,000. 2016 expenses were $48,600. Divid
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Answer:

Option (b) is correct.

Explanation:

(a) Net Income:

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(c) Stockholders' Equity:

= Total assets - Total Liabilities

= 185,000 - $105,000

= $80,000

Therefore, the retained earnings at December 31, 2016 were $20,700.

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After much searching, mort located an old banking friend of his father's. the banker offered mort up to $25,000 in unsecured fun
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With the explanations given above, Mort was offered a line of credit. A line of credit is the agreement of a bank with a business to make a maximum amount of money available to them in an unsecured, short-term loan. The agreement is however dependent on the bank’s availability of funds.

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