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3 years ago

When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called:

Business

1 answer:

77julia77 [94]3 years ago

4 0

Answer:

It is called an exchange.

Explanation:

The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued. The national exchanges, such as the New York Stock Exchange (NYSE) and the NASDAQ, are secondary markets.

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Abner tells a representative of Brass & Woodwind Musical Instruments, Inc., that he will pay for Claudia’s trumpet if she do

coldgirl [10]

Answer:

The correct option is B,only if it is in writing.

Explanation:

Such promise is not enforceable since one of key elements of enforceable agreement(contract) is missing.

The missing element is that Abner is not getting anything of value in return for the promise to pay for Claudia's trumpet.

The only way to get Abner to fulfill the promise in law parlance is get the promise documented as well as signed by Abner,that can be used as an evidence against Abner in future in order to ensure the promise is fulfilled.

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3 years ago

Read 2 more answers

State and city governments have promoted facilities where new businesses can open up shop and share common services such as secr

denis-greek [22]

Answer:

Incubators

Explanation:

In north american context the incubators refers to small places for business provided on low rent.

Basically in the given context, the space for new shops for businesses is given by state and city government, this clearly states that because of involvement of government the prices of such place would be really low as compare to private rental spaces.

This provides that because of this facility incubators will grow.

6 0

3 years ago

Feline Watch Company makes wrist watches out of silver metal sheets. Five hours of labor are needed to make each watch. Factory

natima [27]

Answer:

Feline Watch Company should budget $15,000 overhead costs.

Explanation:

5 labor hours per unit of watch at $7 per labor hour

Variable Overheads $4 per labor hour

Total Variable overheads for 500 watches

$4 per labor hour * 5 labor hours per watch * 500 watches = $10,000

Fixed Overhead = $5,000

Total Overhead = $15,000

4 0

3 years ago

QS 7-10 (Algo) Aging of receivables method LO P3 Net Zero Products, a wholesaler of sustainable raw materials, prepares the foll

goldenfox [79]

Part-1 Computation of Estimated Uncollectible - Dhaliwal

Account Receivable (a% of uncollectible (b)Uncollectible amount (a*b)

Not Due $1,00,000.00 1% $1,000.00

1 to 30 $38,000.00 2% $760.00

31 to 60 $17,000.00 4% $680.00

61 to 90 $14,000.00 6% $840.00

over 90 $16,000.00 10% $1,600.00

Estimated Balance of allowance for uncollectible $1,85,000.00 $4,880.00

Part 2: Journal Entry

Account Titles and Explanation Debit Credit

Bad Debt Expenses

(4880-3000) $1,880.00

Allowance for doubtful accounts $1,880.00

An account may be the document in a gadget of accounting wherein a business records debits and credits as proof of accounting transactions. as a consequence, the bills receivable account shops information approximately billings to customers, as well as reductions of those billings due to payments from clients.

3 specific types of debts in accounting are actual, private, and Nominal Accounts. the real account is then categorized into subcategories – Intangible real account, Tangible actual account. additionally, 3 distinct sub-forms of non-public accounts are natural, representative, and synthetic.

Learn more about accounts here: brainly.com/question/25746199

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5 0

1 year ago

In 2013, there were approximately 155 million people in the labor force and the unemployment rate was 7.4 percent. If the unempl

Marianna [84]

Answer:

(a) 3.7

(b) 3.7

Explanation:

The unemployment rate is calculated as the ration of unemployed workers over the labor force. The labor force is the total number of employed plus unemployed workers:

$Unemployment\,Rate=\frac{Unemployed\,Workers}{Labor\,Force}=\frac{Unemployed\,Workers}{Employed\,Workers+Unemployed\,Workers}$

Then if there were 155 million people in the labor force and 7.4% where unemployed that means that 11.47 million people where unemployed

$0.074=\frac{Unemployed\,Workers}{155}$

$Unemployed\,Workers=0.074*155=11.47$

If unemployment rate would have been 5% we have

$Unemployed\,Workers=0.05*155=7.75$

That means that 3.72 million fewer unemployed workers. Since Labor Force is the sum of unemployed and employed workers. The reduction in unemployment implies that they were now employed .

5 0

3 years ago