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borishaifa [10]
3 years ago
9

Identify and briefly compare the two leading stock exchanges in the United States today. Write the main differences of the two s

tock exchanges.
Business
1 answer:
gulaghasi [49]3 years ago
5 0

Answer:

The two main leading stock exchanges in the United States are the New York Stock Exchange (NYSE) and the Nasdaq stock market. The NYSE is bigger than the Nasdaq, and it is a physical location exchange where traders meet to buy and sell securities. While the Nasdaq is an electronic dealer based exchange where brokers and dealers are connected electronically.

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The following events took place for Rushmore Biking Inc. during February, the first month of operations as a producer of road bi
Ainat [17]

Answer:

<u>Income statement for Rushmore Biking Inc. for the month ending February 28.</u>

Sales                                      $910,000

Less Cost of Sales              ($550,000)

Gross Profit                          $360,000

Less Expenses

Selling Expenses                 ($185,000)

Administrative Expenses     ($90,000)

Net Income / (loss)                 $85,000

Explanation:

Perpetual inventory methods<em> keeps the record of inventory cost after every sale.</em>

Thus we were already given the costs associated with the sale of bikes (cost of sales) and there was thus no need to got the longer router of determining this amount using the manufacturing cost schedule.

5 0
4 years ago
Which buying method can save money but means you must have trust in the reliability of your supplier?
zhuklara [117]

Which buying method can save money but means you must have trust in the reliability of your supplier?

Just in time

7 0
3 years ago
Read 2 more answers
The Effects of Unemployment
IceJOKER [234]

Unemployed people usually buy fewer things.

Unemployed people may not be able to repay their loans.

Unemployed people may have to change their financial goals.

4 0
4 years ago
All of the following except ________ will help you integrate visuals and text in business documents.
elena-14-01-66 [18.8K]

The options are:

maintaining a balance between text and visuals

identifying the visuals with titles, captions, and legends

referring to visuals in the text

putting the visuals into a separate section, such as an appendix

Answer:

putting the visuals into a separate section, such as an appendix

Explanation:

In business documents making use of visuals is a great way to pass accross information.

When the visuals are integrated with text that further explains the concept being communicated it is easier to understand by the reader.

All the options given make use of various methods of integrated visuals and text except the following:

Putting the visuals into a separate section, such as an appendix.

When visuals are put in a seperate section away from other text it does not immediately give the reader an impression not what is being communicated. It does not effectively integrate text and visuals.

7 0
3 years ago
Bonner Metals wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 8.5 percent bo
11Alexandr11 [23.1K]

Answer: 8.99%

Explanation:

The coupon rate on the new bonds if the firm wants to sell them at par will be calculated thus:

Par value = 1000

Selling value = 959

Maturity = 16 × 2 = 32

Coupon = 8.5% = 8.5% × 1000 = $85

Semiannual PMT = $85/2 = $42.5

The coupon rate on the new bonds will be:

= Rate(32, 42.5, -959, 1000) × 2

= 8.99

Coupon rate = 8.99%

3 0
3 years ago
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