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Answer:
a. False
Explanation:
A "primary transaction" refers to the selling of <em>new stocks and bonds</em> for the first time towards the public. A great example of this is the "Initial Public Offering" <em>(IPO)</em> which allows "public share issuance."
On the other hand, a "secondary transaction" refers to the<em> trading of investors among themselves.</em> There is no involvement of the issuing companies here. So, this means that if an investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock market,<u> the transaction</u><u> doesn't directly involve the issuing compan</u><u>y.</u> This kind of transaction is then called "secondary."
So, this explains the answer.
Answer:
the variable cost ratio is 60 % (option d)
Explanation:
The variable cost ratio (VCR) represents the ratio of variable costs to sales. Therefore
VCR = (total variable costs)/(total sales)
since
total variable costs = variable costs * services provided = $21/hour * 12000 hours/year = $252000 /year
total sales = price of service * services provided = $35/hour * 12000 hours/year = $420000 /year
thus
VCR = ($252000 /year) / ($420000 /year) = 0.6 = 60 %
Answer:
Business relations
Explanation:
Business relations are the connections that exist between all entities that engage in commerce. That includes the relationships between various stakeholders in any business network, such as those between employers and employees, employers and business partners, and all of the companies a business associates with.
