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TiliK225 [7]
3 years ago
5

Security dealers: are limited to trading non-listed stocks. buy and sell from their own inventory. operate exclusively in auctio

n markets. operate on a physical trading floor. match buyers with sellers.
Business
1 answer:
Naddik [55]3 years ago
5 0

Answer:

The answer is B. buy and sell from their own inventory

Explanation:

A dealer is someone who buys and sells from its own account or inventory.

A dealer is a seller to an investor that wants to buy securities and he is also a buyer to an investor that wants to sell his securities.

A broker is different from a dealer in that it transacts(sells or buys securities) on behalf of his or her clients.

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Amount of time is the answer
6 0
3 years ago
Bass Clef Music Company assigns workers to departments based on similar skills. Currently, the company has a marketing departmen
Anvisha [2.4K]

Answer: function

Explanation:

Functional departmentalisation is when units in an organisation are created according to the functions they serve.

When an organisation has a marketing department, a production department, a finance department, and a human resources department, it is practicing functional departmentalisation.

Functional departmentalisation enhances :

1. easy coordination of activities.

2. specialisation by members of staff.

Other forms of departmentalisation includes:

1. Product departmentalisation- it is used in a firm that produces many products. Units are created based on the different products been made.

2. Geographical departmentalisation- here units are formed based on the geographical location the unit caters to.

3. Customer departmentalisation- units are created based on the diferent customers that are been catered to.

4 0
3 years ago
Read 2 more answers
There are __________ categories of road signs.
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I hope this helps you answer it

8 0
3 years ago
The following information is available for the Memphis and Billings companies:
igomit [66]

Answer:

(a) An income statement was prepared for Memphis and Billing Companies (b) The ROA for Memphis is = 5.6% while for Billing is  6.9%.

The ROE for Memphis is 13.9% for Billings it is 17.4%

(c) The billing company is more profitable because from the view from the stockholders it has a higher return on equity

(d) The Memphis company is the discounter

Explanation:

Solution

Given that:

(A) The Income statement for Memphis and Billing companies

                         Common size Income statement

                                  Memphis        %           Billings             %

Sales                          15,00,000    100          15,00,000        100

The cost of Goods    10,50,000     70           11,25,000        75.00

The Gross profit        4,50,000      30            3,75,000         25.0

Operating expenses  3,50,000     23.3        2,50,00            16.7

Net income                 1,00.000      6.7          1,25,000           8.3

(B) We compute the return assets which is given below:

The return on assets is = The net income/Total assets * 100

For Memphis,

The return on assets is = 5.6% ($100,000/18,00,000) * 100

Fro Billings,

The return on assets = 6.9% ($ 125,000/18,00,000) * 100

For the return on equity we have the following given below:

Return on equity is =Net income/Stockholder's equity * 100

For Memphis,

The return on equity =13.9% ($100,000/720,000) * 100

Fr Billings,

The return on equity =  17.4% ($125,000/720,000) * 100

(C) The Billing company is more profitable because it has a higher  return on rate on equity than that of the Memphis company.

(D) The Memphis has a lower  Net profit margin of 6.7% therefore it is the discounter.

4 0
3 years ago
Most tests of semi-strong efficiency are _________.A. designed to test whether inside information can be used to generate abnorm
Brut [27]

Answer:

D. joint tests of market efficiency and the risk-adjustment measure

Explanation:

Semi-strong form efficiency -

In this aspect of the Efficient Market Hypothesis , it assumes that the current price of stock adjust very fast in order to release the new public information .

The one of the major test of the semi - strong efficiency are the ,the risk - adjustment measure and the  joint test of the market efficiency .

7 0
3 years ago
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