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labwork [276]
4 years ago
12

One of the major differences between the New York Stock Exchange (NYSE) and the over-the-counter (OTC) markets is that in the NY

SE, designated market markers make markets and floor brokers act as agents for their customers, while in the OTC, dealers make markets and brokers act as agents for their customers.
True

False
Business
1 answer:
kompoz [17]4 years ago
3 0

Answer:

The statement is: True.

Explanation:

There are several differences between trading through a security exchange market and Over-The-Counter (<em>OTC</em>). One of them is that there is a regulator while trading in an exchange market which is merely the exchange such as NYSE or NASDAQ that sends the investors transactions through market makers that are offered by brokers -intermediaries between the market securities and investors. The OTC market does not have regulators. In fact, most securities trading OTC are mostly companies that do not meet major exchange requirements.

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Select the correct answer. You are reading product reviews posted online by consumers. Which external information source are you
joja [24]

consumer reports

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8 0
2 years ago
. Describe two things you can do to make sure you use credit responsibly. Explain why these things are important.
crimeas [40]
- Limit the cards you open: limiting the card you open reduce you from using your credit card for to many purchases
- Never carry a balance: make paying with cash your first method of payment
6 0
4 years ago
Find the coefficient of variation (to the nearest tenth percent) of the following (1,2,3,4,5).​
katen-ka-za [31]

Answer:

52.7%

Explanation:

Coefficient of variation= \frac{standard deviation}{mean} times 100%

                                      = \frac{1.58113883}{3} times 100%

                                      = .5270462767 times 100%

                                      = 52.704627667

Which rounded to the nearest tenth percent is 52.7%

4 0
3 years ago
Read 2 more answers
Mackalya is an office secretary at the "All American Office Products Company." This Company sells office supplies and office equ
Bogdan [553]

Answer:

1. Yes; Journal entry

2. Debit- Printing & Stationery Expense $160 (value for 8 boxes)

Credit- Cost of goods sold or Trading account A/c $160

3. Leaves to the cost of goods sold account

Explanation to:

1. Mackalaya used inventory. Remember, inventory is a term used to refer to all the merchandise (goods or products) a company has at the moment in stock.

2. The Journal entry to be made would be

Debit- Printing & Stationery Expense $160 and Credit this value to Cost of goods sold or Trading account A/c section of the Journal entry.

3. Remember, the cost of goods sold cares for all inventory sales, therefore it would be credited with value of the inventory item sold by the company.

6 0
4 years ago
Last year Mike bought 100 shares of Dallas Corporation common stock for $35 per share. During the year he received dividends of
jolli1 [7]

Answer:

Rate of return is 13.2%

Explanation:

Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.

Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62

Rate of Return = Total return During the period / Initial Price of the stock

Rate of Return = $4.62 / $35 = 0.132 = 13.2%

3 0
3 years ago
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