Answer:
ive seen this question like FIVE TIMES
Answer:
The investment club is not a restricted purchaser and may buy the IPO
Explanation:
In the financial market a restricted purchaser is someone that has has direct engagement in a business or who has affiliates that are directly engaged in the business that wants to sell securities.
In this scenario a restricted purchaser will be someone that has direct business engagement in the representative firm. Since this is not so the president of the investment firm is free to purchase the IPO.
An Initial Public Offering is when a companies decides to make its shares available to the public for the first time.
Answer:
E. inquiring
Explanation:
If we have not seen the appropriate job opening advertised, we can write a letter of inquiry also known as a letter of interest and by ignoring the particular job that is being advertised, we use this letter to approach an organization or a company that we are willing to work for to ask if they will be hiring in the near future.
Answer:
A Mary Kay consultant who deducts travel expenses and whose small customer base was mostly relatives who lived out of town.
Explanation:
A not for profit activity (or hobby) is something that you do simply because you like to do it and generally you should not make a profit from doing it.
A Mary Kay consultant is actually a salesperson whose job is to sell Mary Kay products. Whether she is able to make a profit or not is something different, but selling Mary Kay is actually considered work. Since they are independent consultants, they are considered independent contractors that must file their income taxes.
According to tha data,
Receivable stock Turnover ratio = Credit sales / Average debtor
= $4,552 / ($505+$508)÷2
= $4,552 / $506.5
= 8.99
Inventory stock Turnover ratio = Cost ot goods sold / Average Inventory
= $2,637 / ($251+$240)÷2
= $2,637 / $245.5
= 10.74
Current ratio = Current assets / current liabilities
Current assets=$513+$508+$251+$26 = $1,298
Current Liabilities = $150+$377+$1+$102 =$630
Current ratio = $1,298 / $630
= 2.06
Cash ratio = Cash and cash equivalents / Total current liabilities
= $513 / $630
=0.81
Tines Interest earned ratio = Earnings before interest and tax (EBIT)/ Interest
EBIT = Net income + Tax expense + Interest expenses
= $374 + $233 +$72
= $679
Times interest earned ratio = $679 / $72
= 9.43
Cash Coverage ratio = Cash flows from operating activities / Cash paid for interest
= $608 / $65
= 9.35
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