Answer:
securities are initially issued
Explanation:
Securities will be traded in the primary market when they are initially issued or sold to the public for the first time; for example, Initial Public Offerings (IPO). Then, they will be traded in the secondary market if the investor want to exchange the existing securities.
Answer:- three factors a company must consider when attempting to find an endorser for their products is the endorsers reputation, popularity, health, and minimal injury history.
Explanation:
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Answer:
a. $125,000
Explanation:
Cost of goods sold
Beginning Finished inventory $30,600
Cost of goods manufactured $116,400
Goods available for sale $147000
Ending Finished inventory ($25,000)
Cost of goods sold $122000
Therefore, The cost of goods sold is closest to $125,000.
Answer:
C) $52 per share
Explanation:
The cost basis of the stock includes the purchasing price + all commissions paid to the broker = $50 + $2 = $52
The $2 per stock dividend that the stockholder received must be reported as ordinary income and is taxed as such. The cost basis is used to calculate capital gains or losses.
Answer: $219,000
Explanation:
Cost of goods manufactured = Opening work in process + manufacturing cost + closing work in process
Manufacturing cost = Direct labor + direct material + manufacturing overhead
= 90,000 + 60,000 + 64,000
= $214,000
Cost of goods manufactured = 20,000 + 214,000 - 15,000
= $219,000
<em>Manufacturing overhead is $64,000 because only that amount was applied to Work in Process. The rest went to Cost of Goods sold. </em>