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3 years ago

Newly issued securities are sold to investors in which one of the following markets?A. ProxyB. InsideC. SecondaryD. Primary

Business

1 answer:

Harrizon [31]3 years ago

7 0

Answer:

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market .

The primary market id responsible for issuing the securities for the exchange of the company , or other groups .

The primary market are run by the underwriting groups which includes the investment banks .

Hence , from the information of the question , the correct term is ( d. ) Primary market .

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The equilibrium price of a good in market A is $24. The current price of the good in market A is $21. At this price, a(n) ______

qwelly [4]

Answer:

Excess supply as well as excess demand in market A

Explanation:

Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.

When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.

7 0

3 years ago

Suppose that Italy and Portugal both produce cheese and wine. Italy's opportunity cost of producing a bottle of wine is 2 pounds

Lemur [1.5K]

Answer:

The correct answer is letter "A": Neither Italy or New Zealand.

Explanation:

Comparative advantage is the ability of an individual or organization to manufacture its products at a lower opportunity cost than its competitors. The scenario does not imply the individual has an absolute advantage. It actually means it sacrifices less to achieve that goal.

Thus, Portugal has a lower opportunity cost than Italy in producing a bottle of wine. Portugal's opportunity cost is 1/2 while Italy's opportunity cost is 2. Neither Italy or New Zealand (or any other country not mentioned in the example) has a comparative advantage in producing wine.

5 0

3 years ago

The petty cash fund of the Brooks Agency is established at $150. At the end of the current period, the fund contained $28 and ha

Digiron [165]

Answer:

(a) Debit Petty cash account for $150; and Credit Bank for $150.

(b) Debit Petty cash account for $122; and Credit Bank for $122.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

Explanation:

(a) Prepare journal entries to record establishment of the fund.

The journal entry will look as follows:

Details Debit ($) Credit ($)

Petty cash account 150

Bank 150

(To record petty cash fund establishment.)

(b) Prepare journal entries to record reimbursement of the fund at the end of the current period.

Since the fund contained $28 at the end of the current period, we have:

Amount to reimburse = entertainment + postage + printing = $70 + $30 + $22 = $122

The journal entry will now look as follows:

Details Debit ($) Credit ($)

Petty cash account 122

Bank 122

(To record petty cash fund reimbursement.)

c. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

This is because they both in indicate outflows from the petty cash fund.

5 0

3 years ago

Over the last century in the United States there has been an increase in _______ as a percentage of total output. Farming, inter

BabaBlast [244]

Answer: Services, government and international trade.

Explanation:

The role of services, and international trade to the gross domestic product (GDP) of the United States economy is very important. Services with their increasing importance in the world economies are becoming vital in the economic growth of many countries.

In the United States, the relationship between growth in the services sector and economic growth has become stronger since two decades ago as it's contribution to the GDP has increased.

International trade which is the exchange of goods, capital, and services across international borders also represents a significant proportion of the gross domestic product of the United States.

4 0

3 years ago

A property sold for $198,000 with a listing commission of 8%. The selling office is to receive 40% of the total commission. How

Ivan

Answer:

$5,702.4

Explanation:

A property is sold for $198,000 with a listing commission of 8%

The selling office is to receive 40%

The first step is to calculate the total commission

= $198,00×8/100

= $198,000×0.08

= $15,840

Listing brokers commission

=$15,840×60/100

= $15,840×0.6

= 9,504

Therefore, the amount of listing that will be received by the sales person can be calculated as follows

= 9,504×60/100

= 9,504×0.6

= $5,702.4

Hence the salesperson will receive a listing of $5,702.4

3 0

3 years ago