1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mina [271]
3 years ago
6

What is one TRUE statement about the stock exchange?

Business
1 answer:
Travka [436]3 years ago
3 0

Answer:

Explanation:

  1. For every seller, there has to be a buyer. For every buyer, there has to be a seller.
  2. The market determines the value put on a stock at least when the stock is on an exchange.
  3. There are many parameters used to determine if a stock should be bought or sold.
You might be interested in
What is Location? Explain the factors affecting location decision.
Mazyrski [523]

Answer:

hope this helps

Explanation:

The main factors that affect location decisions include regional factors, community considerations, and site-related factors. Community factors consist of quality of life, services, attitudes, taxes, environmental regulations, utilities, and development support.

3 0
3 years ago
The cost to manufacture shoes decreases. Which statement describes the expected outcome?
Irina-Kira [14]

The statement that describes the expected outcome is: c. Supply of the shoes will increase, and market price will decrease.

<h3>What is supply?</h3>

Supply can be defined as the amount of goods or product produce that is available for buyers  to buy or purchase.

If the cost of production is lower ,this will lead to  increase in production as companies will be able to buy more materials and the outcome of this is that the market price of goods or product will reduce because the cost to manufactures has reduced.

Learn more about supply here:brainly.com/question/1222851

#SPJ1

4 0
1 year ago
The dollar value of all goods and services produced annually in the united states is called _____________
Setler79 [48]
The gross domestic product is answer
5 0
3 years ago
On the first day of its fiscal year, Chin Company issued $10,000,000 of five-year, 7% bonds to finance its operations of produci
Orlov [11]

Answer:

Chin Company

Journal Entries

1. Issuance of the bonds:

Debit Cash $9,594,415

Debit Bond Discounts $405,585

Credit Bonds Liability $10,000,000

To record the issuance of the bonds at a discount.

2. June 30:

Debit Bond Interest Expense $383,777

Credit Cash $350,000

Credit Amortization of Bond Discount $33,777

To record the first interest payment and amortization of bond discount.

3. December 31:

Debit Bond Interest Expense $385,128

Credit Cash $350,000

Credit Amortization of Bond Discount $35,128

To record the second interest payment and amortization of bond discount.

b. The amount of the bond interest expense for the first year:

June 30: Bonds' Interest expense = $383,777

Dec. 31: Bonds' Interest expense = $385,128

Total bond interest expense for the first year = $768,905

c. Chin Company was able to issue the bonds for only $9,594,415 rather than for the face amount of $10,000,000 because the bonds were issued at a discount and not face value.  Bonds can be issued at face value, discount, or premium, depending on the prevailing investor's sentiments and the attractiveness of the bonds to investors.

Explanation:

a) Data and Calculations

Face value of bonds = $10 million

Discounted value (Cash receipt) = $9,594,415

Total amount of discount = $405,585

Bond's interest rate = 7%

Market yield = 8%

Bond maturity period = 5 years

Payment period = semiannually

Issuance of the bonds:

Cash $9,594,415 Bond Discounts $405,585 Bonds Liability $10,000,000

June 30:

Cash payment for interest = $350,000 ($10,000,000 * 3.5%)

Bonds' Interest expense = $383,777 ($9,594,415 * 4%)

Amortization of bond discount = $33,777 ($383,777 - $350,000)

Bond book value = $9,628,192 ($9,594,415 + $33,777)

December 31:

Cash payment for interest = $350,000 ($10,000,000 * 3.5%)

Bonds' Interest expense = $385,128 ($9,628,192 * 4%)

Amortization of bond discount = $35,128 ( $385,128 - $350,000)

Bond book value = $9,663,410 ($9,628,192 + $35,218)

4 0
2 years ago
If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:
serious [3.7K]

Answer:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Explanation:

If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>For example:</u>

Total estimated overhead= $150,000

Allocation base= direct labor hours

Estimated Total number of direct labor hours= 10,000

Predetermined manufacturing overhead rate= 150,000/10,000

Predetermined manufacturing overhead rate= $15 per direct labor hour

5 0
3 years ago
Other questions:
  • Mervon Company has two operating departments: Mixing and Bottling. Mixing occupies 25,380 square feet. Bottling occupies 16,920
    6·1 answer
  • Which of the following statements is false? A. A debit card never has a MasterCard or Visa logo on it. B. Your debit card is lik
    11·1 answer
  • Jamarcus, a full-time student, earned $2,500 this year from a summer job. He had no other income this year and will have zero fe
    15·1 answer
  • The real estate industry is comprised of different firms in several locations. Some are independent and popular locally, while o
    9·1 answer
  • Determine the total cost for this plan given the following forecast:
    13·1 answer
  • The balance sheet of Cattleman's Steakhouse shows assets of $86,000 and liabilities of $14,400. The fair value of the assets is
    11·1 answer
  • What is innovation?​
    12·2 answers
  • Protectionist measures designed to limit free trade and protect domestic jobs
    15·2 answers
  • . The _______ of a forward contract is obligated to ______ delivery and pay for the contracted goods at the forward price; the _
    15·1 answer
  • Sam was injured in an accident, and the insurance company has offered him the choice of $49,000 per year for 15 years, with the
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!