Since Eduardo sold 500 shares of Northcote corporation stock on the new York stock exchange. this transaction is known to be occurred in the secondary market.
<h3>What Is a Secondary Market? </h3>
The secondary market is known to be a type of a market where investors are said to come together so as they can be able to buy and sell securities that they are said to have already own.
Note that it is what a lot of people often think of as the "stock market," and as such, Since Eduardo sold 500 shares of Northcote corporation stock on the new York stock exchange. this transaction is known to be occurred in the secondary market.
Learn more about secondary market from
brainly.com/question/14484986
#SPJ1
: Eduardo sold 500 shares of Northcutt Corporation stock on the New York Stock Exchange. This transaction: Multiple Choice took place in the primary market occurred in a dealer market occurred in the secondary market. involved a proxy
Answer:
$
Material used 2,500
Direct labour 5,000
Overhead applied 200
Cost of goods sold 7,700
Explanation:
The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200 represents the overhead applied.
Answer: Clay Company
Explanation:
Based on the information given, the current, previous year and two previous years beforehand profit margins of Clay company are greater than the corresponding profit margins of Roak company.
This means that Clay company has a better profit margin and shows that they retain a higher percentage of their revenue after costs are taken out as opposed to Roak company.
Answer:
though borrowing loans
Explanation:
one can borrow a loan from the bank and start a business
Answer:
Cash provided by operations is $250
Explanation:
<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>
<em />
Cash flows from operating activities
Net Income $180
<em>Adjustments to reconcile net loss </em>
<em>to net cash flow from operating activities</em>
Add: Depreciation $50
Add: Change in net current assets <u>$20</u> <u>$70 </u>
Cash provided by operations <u>$250</u>
