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gulaghasi [49]
3 years ago
9

What is a broker? Career Prep Edge

Business
1 answer:
Colt1911 [192]3 years ago
5 0

Answer:

A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.

Explanation:

A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.

Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.

Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).

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The income statement for Electronic Wonders reports net sales of $91,628 million and cost of goods sold of $69,148 million. An e
irakobra [83]

Answer:

1.  Cash received from customers = $89,908

2.  Cash paid to suppliers = $71,972

Explanation:

                                                                             Amount in millions

Net sales                                                         $91,628

Less: Increase in accounts receivable                  $(1,720)

Cash received from customers                          $89,908

                                                                           Amount in millions

Cost of Goods sold                                       $69,148

Add: Increase in inventory                               $870

Add: Decrease in accounts payable                $ 1,954

Cash paid to suppliers                                        $ 71,972

7 0
3 years ago
Imagine that your friend is the CEO of a company, called Magna Clothes, that manufactures cool new clothing accessories for both
astraxan [27]

Answer:

a) The WTO allows countries to have observer status before becoming full members, so they can follow discussions on topics that are of direct interest to them.

⇒ TRUE, that way potentially new members get to understand how the WTO works.  

c) The WTO came into existence in January 1995.

⇒ TRUE, the WTO birthday is January 1, 1995.

d) Opponents of the WTO sometimes contend that the organization focuses too narrowly to the globalization of trade, at the expense of human rights and the environment.

⇒ TRUE, the WTO's focus is on trade, and it tends to ignore many social and environmental factors.

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Extra financial rewards, such as holidays, sick leave, and profit sharing are an example of?
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Extra financial rewards, are examples of bonuses or incentives in an organization

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In marketing, an organization refers to
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Answer:

the answer is C. a legal entity of people who share a common mission.

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