A primary market is where securities are bought and sold.
You can buy and sell securities through brokerages, the issuing company, banks, or individual investors.
Answer:
$464,380
Explanation:
The fees billed to customer during the month of the October can be determined using the following formula:
Fees billed to customer=Closing balance of accounts receivables+amount collected from customers-opening balance of accounts receivables
In this question:
closing balance of accounts receivables=$130,050
amount collected from customers=$449,350
opening balance of accounts receivables= $115,020
Fees billed to customers=$130,050+$449,350-$115,020=$464,380
Answer:
1) Dr Petty Cash $600
Cr. Cash $600
2) Dr. Postage Expense $250.40
Dr. Office Supplies Expense $160.90
Dr. Miscellaneous expense $124.05
Dr. Cash over and short $8.3
Cr. Cash $543.65
Jodi is not adequately managing the financial aspects of her business.
By being too lenient with the days credit, she is effectively damaging her business' cash flow.
Answer:
Specialists cannot trade for their own accounts.
Explanation:
The NYSE operates with a system of individual securities "specialists" who work on the NYSE trading floor and specialize in facilitating trades of specific stocks. A specialist is simply a type of market maker
