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3 years ago

A market maker who acts as a dealer in one or more securities on the floor of the nyse is called a:

Business

1 answer:

Anna71 [15]3 years ago

4 0

The answer is Specialist.

The brainest answer would be appreciated.

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Record journal entries for the following transactions. (a) On December 1, $18,000 was received for a service contract to be perf

Aliun [14]

Answer:

See explanation section

Explanation:

(a) December 1 Cash Debit $18,000

Unearned revenue Credit $18,000

<em>Note: The company received the money in advance for a contract to do during December to April. Therefore, they received cash while a liability increased due to receiving advance money.</em>

(b) December 31 Unearned revenue Debit $3,600

Service revenue Credit $3,600

<em>Note: As the company started performing, after the completion of 1st month, i.e., December 1 to December 31, the advance money started expiring because of providing services. Moreover, as the service is performed evenly for 5 months, the 1st month's revenue = $(18,000/5) = $3,600.</em>

5 0

3 years ago

Nelson’s motto is “Go big, or go home.” Which type of investment would Nelson prefer? A. savings account B. speculative investme

il63 [147K]

Answer:speculative investment

Explanation:

just took the test.

5 0

3 years ago

Problem 5-35 Comparing Cash Flow Streams [LO 1] You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They

Minchanka [31]

Answer:

PV of 1st option = $185,015.50

PV of 2nd option = $192,683.78

Explanation:

Computing the present value of the monthly payments, we use the formula $PV = \frac{A(1-(1+r)^{-n}) }{r}$

Where PV = present value of the monthly payments

A = monthly salary

r = monthly interest rate = 6%/12 = 0.5% = 0.005

n = number of months = 24 months

PV of the 1st option, $8,200 monthly for the next 2 year

$PV = \frac{8,200(1-(1.005)^{-24}) }{0.005}$ = $185,015.50.

PV of the 2ns option, $6,900 monthly + $37,000 signing bonus

$PV = \frac{6,900(1-(1.005)^{-24}) }{0.005}+37,000$ = $155,683.78 + $37,000 = $192,683.78.

7 0

3 years ago

All of the following are ways to collect useful marketing research information except

prohojiy [21]

Answer:

impulsively stopping persons on the street to inquire about their buying habits

Explanation:

For businesses which are to be started, conducting marketing research can help the business know the products that would generate profits while for existing businesses, market research help companies to determine if their customers are satisfied with their services. Ways of conducting market research are:

Conducting interviews through phone calls or person to person.
sending questionnaires by mail or placing them online
Conducting online surveys
Buying information from commercial or governmental data sources.

Using information from commercial or governmental data sources may not be reliable because it may be outdated.

8 0

3 years ago

IBC stands for A None of the above B Idea Basics for Certifications C Industry Based Certification D Introductory Business Certi

Feliz [49]

C industry based certificate

3 0

3 years ago