Yes his foregone income is part of the opportunity cost of going to college
Answer:
The answer is: A) A financial market, where nearly 100 million shares of stocks are traded every business day.
Explanation:
The NYSE was founded on May 17, 1792 by twenty four stockbrockers on Wall Street, New York City.
The NYSE is the largest stock exchange in the world, listing over 9.3 million stocks and securities every day.
Once a company registers with the NYSE, their stock become available for public trading. Both physical (a trader doing his job) and digital (remotely by computer) trades can take place.
It also provides several market indexes:
- the Dow Jones Industrial Average,
- the S&P 500,
- the NYSE Composite,
- NYSE US 100 Index,
- the NASDAQ Composite
- and others.
Answer: 80.17 days
Explanation:
The Receivable days estimated is calculated by the formula:
= Accounts receivable * 365 / (Annual sales * Gross profit margin)
= 2,200 * 365/ (32,000 * 31.3%)
= 2,200 * 0.03644169329
= 80.17 days
