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3 years ago

13

_________was created to reform, and to restore confidence in, the stock market by providing a means to monitor the market and to

enforce laws regarding the sales of stocks and bonds.

1 answer:

katrin [286]3 years ago

6 0

The answer is securities and exchange commission

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Profit is not the objective of business but it is the result of business

yarga [219]

That is true. Good job

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4 years ago

Wilson, Bart, and Susan Fields decide to set up a corporation together called Fields, Inc. They follow the correct procedures fo

LUCKY_DIMON [66]

Answer:c. pierce the corporate veil due to the failure to hold required corporation meetings.

Explanation:Corporation is a form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors. A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity.

8 0

3 years ago

Which is not an example of a product cost? cost of goods purchased for resale. commissions paid on goods sold last month. transi

ivann1987 [24]

The correct answer would be D. freight on goods purchased for resale.

8 0

4 years ago

Discount-Mart issued ten thousand $1,000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually.

guajiro [1.7K]

Answer:

The interest rate of the bond issued it's 6%, so the company always pays the same amount of interest, $300,000 (3%) each period because it's semiannually, total year of $600,000.

Explanation:

The difference lies on the rate interest accepted by the market, the information indicates that the market requires a higher interest rate to lend the money to the company at this moment.

It the moment of the bond issued the company register:

Debit $8,640,967 Cash

Debit $1,359,033 Discount on Bonds Payable

Credit $10,000,000 Bonds Payable

At the moment of record the first interest payment

Debit $345,639 Bond Interest Expense

Credit $45,639 Discount on Bond Payable

Credit $300,000 Cash

At the moment of record the second interest payment

Debit $347,464 Bond Interest Expense

Credit $47,464 Discount on Bond Payable

Credit $300,000 Cash

5 0

3 years ago

Classify the following markets as perfectly competitive, monopolistic, or monopolistically competitive, and explain your answers

IrinaK [193]

Answer:

Wooden no. 2 pencils

Perfectly competitive market because there are many buyers and suppliers of pencils. Also, wooden no. 2 pencils are basically identical no matter which brand you purchase.

Copper (hint: there are many sellers)

Copper is considered a commodity which has many suppliers and consumers around the world, therefore, it is classified as a perfectly competitive market. No individual supplier, nor any individual consumer has enough market power to affect the price and supply of copper.

Local public utilities (ex. water, electricity)

Monopolistic market because there are generally only one supplier of each type of public utilities, e.g. one water company per city.

Peanut butter

Monopolistically competitive markets since there are many consumers and suppliers, but each supplier produces a slightly different product. Even though there are several peanut butter brands, no two brands offer the same peanut butter.

Lipstick

Monopolistically competitive markets since there are many consumers and suppliers, but each supplier produces a slightly different product. Even though there are several lipstick brands, no two brands offer the same lipstick.

3 0

3 years ago