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aniked [119]
3 years ago
11

Which one of the following is a primary market transaction?

Business
2 answers:
Natalka [10]3 years ago
5 0

Answer:

The correct answer is letter "B": sale of a new share of stock to an individual investor.

Explanation:

Corporations and governments fund their activities by selling stocks or bonds that are bought directly by individual investors from the issuing company or government entity. This is considered the primary market which gives investors their first opportunity to buy new securities.

Charra [1.4K]3 years ago
3 0

Answer:

b. sale of a new share of stock to an individual investor

Explanation:

The primary market is where new stocks are created. it is the platform for investors to purchase stocks of an entity that goes public for the first time.

Hence the initial public offer otherwise known as IPO is a good example of a primary market transaction.

As such sale of a new share of stock to an individual investor is a primary market transaction

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3 years ago
A buyer took out a $6,000 loan for 10 years at 10.5% interest. The buyer made principal payments of $75 a month on the loan in a
larisa [96]

Answer:

$5,550

Explanation:

Given:

Principle amount of the loan = $6,000

Duration of the loan = 10 years

Rate of interest = 10.5%

Principle payment made each month = $75

Now,

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= $75 × 6

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Now,

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Hence,

the principle loan balance

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= $6,000 - $450

= $5,550

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3 years ago
A factory has added a new incentive program to encourage employees to use payroll deductions to contribute to their 401K retirem
ddd [48]

Answer:

Explanation:

Mean is given as $ 100.602

every observation in the dataset is multiplied by 1.578

= 100.602 × 1.578

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4 0
3 years ago
If the company also has $1,000 of petty cash on hand (recorded in a separate account), what total amount should the company repo
vredina [299]

Answer:

Explanation: from the above question, the total of cash and cash equivalent to be recorded in the balance sheet includes all cash balances in the bank and cash balance in the petty cash account.

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Answer:

Sound Audio

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Accruing the loss contingency gives the readers of the financial statements an early warning of the probable existence of a future loss.  A loss contingency arises from a probable future event, which gives rise to an adverse outcome from a lawsuit.  Since the cost of the loss can be reasonably estimated and the product recall is virtually certain, it is prudent for Sound Audio to provide for this loss in its December 2021 financial statements.

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