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anygoal [31]
2 years ago
5

An agent who buys and sells securities from inventory is called a: 1) broker. 2) commission broker. 3) floor broker.4) floor tra

der. 5) dealer.
Business
1 answer:
stepladder [879]2 years ago
4 0

Answer:

5) Dealer

Explanation:

1) Broker: A person who arranges a transaction between two parties

2) Commission Broker: The person who executes buy and sell orders on behalf of customers.

3) Floor Broker: The person who executes buy and sell orders on the floor of an exchange and charges his fee for it.

4) Floor Trader: The person who buys and sells for his personal account and owns a trading license.

5) Dealer: An agent who buys and sells securities from inventory.

You might be interested in
On Jan. 2, Callie Company received a $700 payment from a customer previously billed for services performed. The journal entry to
Lerok [7]

Answer:

Cash and equivalents $700 Debit*

Accounts Receivables $700 Credit*

Explanation: The cash represents a debit because we are receiving the cash from a sale already made and the credit is made accounts receivable, because the product was previously sold only that a payment term was given to the person who is currently fulfilling, then the account receivable becomes cash as part of the company's operating cycle.

7 0
3 years ago
Select the correct answer.
34kurt

Answer:

I would say B

Explanation:

because like you need to be nice to everybody like its just the right thing to do and plus those existing customers might just be the ones who help u along the way u never know

hoped this helped lmk if it did

4 0
3 years ago
Suppose three companies, Optimax, Megachug, and Thirstoid, dominate the sports drink market. Optimax enjoys the largest market s
mario62 [17]

Answer:

Non-price competition

Explanation:

Non-price competition is when producers use other factors other than the price of their good or service to raise the demand for their product.

Optimax is trying to increase its market share by changing the container for its product. This is non price competition.

Price war is when producers lower the price of their goods in an attempt to increase the demand for their product.

Price leadership is when the dominant firm in an industry sets the market price.

I hope my answer helps you

4 0
3 years ago
On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at t
ss7ja [257]

Answer and Explanation:

The amortization schedule is presented below:    

Date          Cash   Interest expense    Amortization Balance

                        A              B                           C = (A - B)

January 1, Year 1                                              $58,998

                                                                                                    D

End of Year 1 $3,944     $3,717                     $227                 $58,771

                                                                                                  E = D - C

End of Year 2  $3,944    $3,702.573            $241                 $58,530

End of Year 3  $3,944     $3,687.39            $257                 $58,273

End of Year 4  $3,944     $3,671                   $273              $58,000

Working notes:

For computing the missing amount first we have to find out the interest expense rate which is

= $3,717 ÷ $58,998

= 6.30%

For year 2,

The interest expense is

= $58,771 × 6.30%

= $3,702.573

For year 3,

The interest expense is

= $58,530 × 6.30%

= $3,687.39

4 0
3 years ago
How are permit departments helpful in conversion investigation efforts?
Lerok [7]

Answer:

Option B is the correct answer.

Explanation:

Business permits regulate the safety, structure, and appearance of the business community. They act as proof that a business follows specific laws and ordinances. Requirements differ by jurisdiction, and failure to comply often results in fines or even having the business shut down. Therefore, most businesses need a general business license to operate in a particular county or city.

Thus, the permit departments are helpful in conversion investigation efforts by identifying the nature and location of businesses, new leases, and recent constructions.

Option B is the correct answer.

3 0
3 years ago
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