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2 years ago

Which of the following is an example of a financial market?

Business

1 answer:

ale4655 [162]2 years ago

7 0

Answer:

A. A local coffeehouse where people regularly buy and sell financial instruments.

Explanation:

A local coffeehouse where people regularly buy and sell financial instruments is an example of a financial market because by definition a financial market is a place where people buy and sell financial securities and derivatives at minimal transaction costs.

Although in the scenario above it is strange that the location is a coffee shop, however, what is actually essential is the fact that the activities that defines a financial market is taking place therein.

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Marie saved $51. on wednesday, she spent $8 of her savings. what ratio represents the portion of her total savings that she stil

ASHA 777 [7]

43.51

hope this helps

6 0

3 years ago

Apex Fitness Club uses straight-line depreciation for a machine costing $23,860, with an estimated four-year life and a $2,400 s

maria [59]

Answer:

1. Book value at end of year 2 = $13,130

2. Depreciation from year 3 for last 3 years = $3,710 each year, that is $11,130 for three years.

Explanation:

As for the provided details, we have:

Cost of machinery = $23,860

Expected life = 4 years

Salvage value = $2,400

Straight line depreciation = $\frac{23,860 - 2,400}{4} = 5,365$

Under straight line method depreciation remains constant for life of asset.

Book value at end of year 2 = $23,860 - ($5,365 $\times$ 2) = $13,130

Thereafter in the beginning of year 3 the estimate is made to realize that the total remaining life expected is 3 years, with salvage value $2,000

Thus, depreciation from year 3 = $\frac{13,130 - 2,000}{3} = 3,710$

Therefore, depreciation from year 3 to year 5 = $3,710 each year.

Total depreciation of last 3 years = $3,710 $\times$ 3 = $11,130

3 0

2 years ago

What factor counts the least in calculating a person's credit score?

aleksandrvk [35]

Rent and utility payments: In most cases, your rent payments and your utility payments are not reported to the credit bureaus, so they do not count toward your score.

4 0

2 years ago

Shawnee Hospital installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $15,

Zarrin [17]

Answer: d. $45,000 should be debited to Land Improvements.

Explanation:

Land improvements records any moderation to land asset that is expected to add to its value and lasts for more than a year.

The paving and lighting of the parking area will add value to the area and will last longer than a year so both should go to the Land improvement account. As this account is an asset account, it will be debited when increased:

= 30,000 + 15,000

= $45,000

6 0

2 years ago

When is it not necessary to build a new market supply schedule?

AVprozaik [17]

The question is asking to states when is it not necessary to build a new market supply schedule and base on my research and further understanding, I would say that the answer would be when there's no demand or when there's a huge surplus. I hope you are satisfied with my answer and feel free to ask for more

7 0

3 years ago