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pentagon [3]
2 years ago
15

You recently sold 100 shares of Microsoft stock to your brother at a family reunion. At the reunion your brother gave you a chec

k for the stock and you gave your brother the stock certificates. Which of the following best describes this transactiona. This is an example of a money market transaction.
b. This is an example of an exchange of physical assets.
c. This is an example of a primary market transaction.
d. This is an example of a direct transfer of capital.
e. This is an example of a derivative market transaction.
Business
1 answer:
gregori [183]2 years ago
3 0

Answer:

d. This is an example of a direct transfer of capital.

Explanation:

Direct transfer of stocks or securities refers a to situation whereby a seller of securities or stocks sell them to the buyer direct without involving any financial institution. Under this, seller will directly deliver the security certificate to the buyer who will in turn pay the seller in cash or by check immediately.

Therefore, collecting check from your brother for the Microsoft stock and giving your brother the stock certificate is an example of a direct transfer of capital.

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What should you do in the following scenario?
Tju [1.3M]

Answer:

it seems kind of inappropriate to have a relationship with a client

Explanation:

8 0
3 years ago
which of the following entries records the adjustment for revenue earned, but not yet collected? multiple choice debit accounts
Yanka [14]

various options Debit receivables from customers, credit sales. Accounts Receivable is debited and Sales Revenue is credited. Sales revenue is debited and deferred revenue is credit. Debit receivables and credit deferred revenue are the two balances.

<h3> What are debit and credit?</h3>

An accounting entry that decreases an asset or cost account is known as a debit. or reduces an equity or liability account. In an accounting entry, it is placed on the left. An accounting item known as a credit raises a liability or equity account's balance. or lowers an account for an asset or expense.

The money that is placed into your checking account is a credit to the bank even if it is a debit to you (an increase in your asset) because it is not their money. It is your money, and the bank owes it to you, so it is a liability on their books. A credit is an increase in a liability account.

Explain debit and credit with an example:

Debit what comes in, credit what leaves, first. Second, credit all gains and revenue while debiting all expenses. Thirdly, debit the sender and credit the recipient.

<h3>Can you credit revenue and debit accounts receivable?</h3>

An accounts receivable transaction in journal entry form debits accounts receivable and credits a revenue account. Credit accounts receivable (to eliminate the receivable) and debit cash (to show that you have been paid) when your customer pays their invoice.

Debit or Credit Account: As a business owner, your equity grows as a result of your revenue. Revenues must be reported as credits rather than debits because your equity typically has a credit balance.

Revenue from sales is it an accounts receivable?

When a business sells anything, it reports the revenue from the transaction on its income statement. They list the amount owed as accounts receivable on their balance sheet if the consumer hasn't yet paid them for the purchase. The amount indicated on the income statement is offset by accounts receivable.

To know more about Debit or Credit , visit:

brainly.com/question/12269231

#SPJ4

7 0
1 year ago
S. S. Sarkar (S.S.S.), a real estate investment company, is considering investing in a shopping center. The sale price is $5,000
Alex777 [14]

Answer:

S.S.S. should not purchase the shopping center because its NPV is negative, i.e. -$1,952,890.30

Explanation:

Note: See the attached file to see how the net present value is calculated.

From the file, it can seen that the project will result in a negative NPV of $1,952,890.30. Therefore, S.S.S. should not purchase the Shopping center.

Download xlsx
7 0
3 years ago
a company earned $3,000 in net income for october. its net sales for october were $10,000. its profit margin is
kari74 [83]

Answer:

30%

Explanation:

The computation of the profit margin is shown below:

Given that

Net income earned for the month of October = $3,000

And, the net sales for the month of October is $10,000

Based on the above information, the profit margin is

= Net income ÷ Net sales

= $3,000 ÷ $10,000

= 30%

By dividing the net income from the net sales we can get the profit margin and the same is to be considered

6 0
3 years ago
World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per yea
Karolina [17]

Answer:

The correct answer is the option A: International trade agreements such as the North American Free Trade Agreement (NAFTA).

Explanation:

To begin with, the name of <em>"North American Free Trade Agreement" </em>or NAFTA, refers to the comercial agreement between the three nations of the countries of the norht of America that established that there is a bloc of free trade among Canada, Mexico and the United States that will benefit the three parties whose bloc have formed one of the largest trade blocs in the world by gross domestic product. Moreover, the agreement came into force in 1994 and since then the main purpose of it is to encourage the increase and development of international trade.

3 0
3 years ago
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