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3 years ago

A primary market would be utilized when:

Business

1 answer:

babymother [125]3 years ago

7 0

Answer: Option C

Explanation: Primary market refers to the market in which the securities are sold to the general public for the first time by the companies. In simple words, the initial public offering process takes place in such markets. The securities could be of any type whether debt, equity or preference.

The market in which existing securities are bough and sold is called secondary market. And the commission is paid in both secondary and primary market.

Hence the correct option is C.

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Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is that you will draw two cards

Solnce55 [7]

Answer:

Total bet amount= -$2

Explanation:

In a card deck of 52 cards we have 13 diamond cards. Cards are drawn without replacement.

Probability of the first card being diamond = 13/52

Probability of the send card being diamond= 12/51

So the probability for both cards being diamond = (13/52)*(12/51)= 0.0588235

Bet amount for 2 diamonds= probability* amount received

Bet amount for 2 diamonds= 0.0588235* $30= $1.765

Probability of no diamond= 1- 0.0588235

Probability of no diamond= 0.94118

Bet amount for no diamonds= 0.94118* (-$4)

Bet amount for no diamonds= -$3.765

Total bet amount= Bet amount for diamonds + bet amount for no diamonds

Total bet amount= $1.765+ (-$3.765)

Total bet amount= -$2

6 0

3 years ago

Building Restoration, Inc. (BRI), enters into a contract to refurbish an old train depot for CasualDining, Inc., to open as Eat

maksim [4K]

Answer:

Explanation:

Substancial performance is a terminology used in contract law. It actually means the degree of performance of a contract work which is not completely or fully finished,but is so nearly equivalent that it would be unfair to deny the contractor the payment agreed upon in the contract. The owner has a right to recover whatever damages he has incurred by reason of the contractor's failure to render full and complete performance.

Building Restoration must have at least substantially performed the it's side of a bargain before they can call on the CasualDining,Inc to perform the their side of the bargain e.g. by paying an agreed amount. What actually constitute substantial performance depends on the circumstances.

7 0

2 years ago

Assume University Athletic Pharoah Club sells T-shirts for $30 and anticipates selling 6,700 shirts during football season. The

den301095 [7]

The preparation of the University Athletic Pharaoh Club's Income Statement in the contribution margin format is as follows:

University Athletic Pharaoh Club

<h3>Income Statement</h3>

For the football season

Sales Revenue $201,000

Variable cost of sales 155,574

Contribution margin $45,426

Fixed Costs:

Selling and administrative 33,526

Net Income $11,900

<h3>Data and Calculations:</h3>

Sales revenue = $201,000 ($30 x 6,700)

Cost of sales = $155,574 ($23.22 x 6,700)

Fixed Costs = $35,000

Sales commission = $1,474 ($0.22 x 6,700)

Remaining fixed costs = $33,526

Thus, the income statement of University Athletic Pharaoh Club for the football season shows a net income of $11,900.

Learn more about Contribution-Margin Income Statement at brainly.com/question/24962994

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3 0

2 years ago

What role does utility play in the economic model of consumer behavior? When modeling consumer behavior, utility A. reflects t

olya-2409 [2.1K]

Answer:

A. reflects the enjoyment a consumer receives from consuming a particular set of goods and services

Explanation:

When modeling consumer behavior, utility reflects the enjoyment a consumer receives from consuming a particular set of goods and services

4 0

3 years ago

A step in the selling process that concerned with identifying firms and people most likely to buy the seller’s offerings is call

vekshin1

Answer: Option A

Explanation: In simple words, lead qualification refers to the process under which the salesperson tries to evaluate whether the prospect he or she is analyzing has the ability and will to buy the product, that is, if the prospect is suitable for becoming customer.

In this stage, the outcome will result only in a yes or no and if it comes to yea then the salesperson will further evaluate whether the prospect can be a successful long term customer.

Hence from the above we can conclude that the correct option is A.

7 0

3 years ago