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4 years ago

Which of the following statements is CORRECT?

Business

1 answer:

SVETLANKA909090 [29]4 years ago

3 0

Answer:

D. Capital market instruments include both long-term debt and common stocks.

Explanation:

Capital market is financial market where long term instruments are traded. These instruments include bond, common stocks and debenture. With this background, statement in option D is correct.

Option A is not correct because reverse is the case: investment banks raise large blocks of capital from investors while commercial banks specialize in lending money.

Option B and E are not correct, too. Transaction under them are examples of a secondary market transaction.

Option C is wrong, as well. NYSE has a physical location where trading activities happen.

So option D is the only correct statement because capital market instruments are long-term debt and common stocks.

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Property taxes incurred on the factory would be considered a(n): A. Manufacturing overhead cost B. Direct cost C. Period cost D

il63 [147K]

Answer:

a. A. Manufacturing overhead cost

b. B. Direct material cost

c. B. Direct labor cost

d. C. Period cost

Explanation:

Property taxes incurred on the factory ; Are included in manufacturing and product cost as a manufacturing overhead.

Materials to manufacture jeans : Are included in manufacturing and product cost as a direct materials cost.

Assembly line worker's wages : Are included in manufacturing and product cost as a direct labor cost

Depreciation on printers at sales office : Are expenses during the period.They are not included in product cost.

7 0

3 years ago

Anna loves adidas apparel for its style and comfort. she is in need of running pants and purchases a pair with the adidas logo.

dybincka [34]

<span>This is a decision is a limited decision because it's something that's not routinely bought but also not extensive (as in very high priced that you would consult several people about). Anna might do a bit of research about the brands of running pants and realize Adidas is the brand for her.</span>

6 0

3 years ago

the hr plan for computer services international identifies that some positions will be hard to fill because they require skills

Sindrei [870]

Answer:

budget enough money for attractive pay levels.

Explanation:

7 0

3 years ago

Reyes Company had a gross profit of $720,000, total purchases of $840,000, and an ending inventory of $480,000 in its first year

notsponge [240]

Answer:

The correct answer is A: $1,080,000

Explanation:

Giving the following information:

Reyes Company had a gross profit of $720,000, total purchases of $840,000, and an ending inventory of $480,000 in its first year of operations as a retailer.

Assuming there was any beginning inventory:

Sales= gross profit + (purchase - ending inventory)

Sales= 720,000 + (840,000 - 480,000)= $1,080,000

4 0

3 years ago

Black Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $21,000. During 2017, it wrote off $15,120 of a

Sedaia [141]

Answer:

$25,200

Explanation:

Calculation to determine What should Black report as its Allowance for Doubtful Accounts at 12/31/17

Using this formula

12/31/17 Allowance for Doubtful Accounts=12/31 Accounts Receivable Balance*Estimated Uncollectibles accounts receivable percentage

Let plug in the formula

12/31/17 Allowance for Doubtful Accounts=$504,000*5%

12/31/17 Allowance for Doubtful Accounts=$25,200

Therefore What Black should report as its Allowance for Doubtful Accounts at 12/31/17 is $25,200

3 0

3 years ago