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Aloiza [94]
3 years ago
15

Which one of the following is a primary market transaction?

Business
1 answer:
aleksandr82 [10.1K]3 years ago
6 0

Answer:

B. a dealer buying newly-issued shares of stock from a corporation

Explanation:

Primary market transactions are IPOs or any other issuance of securities, e.g. bonds. A security is traded only once in a primary market, since after the security is issued for the first time, any other transection will be made on the secondary market. There is no physical difference between a primary or secondary market, e.g. the NYSE makes both primary and secondary transactions.

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4 years ago
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. If the required reserve ra
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Answer:

2.75 million

Explanation:

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

Required reserves = reserve requirement x deposits

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3 years ago
The purpose of preparing a direct materials budget is to ________. multiple choice 1 allocate the cost of raw materials to produ
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Answer:

1. estimate the quantity of raw materials to be purchased.

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Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

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The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.

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1. The purpose of preparing a direct materials budget is to estimate the quantity of raw materials to be purchased. This includes the raw materials that would be used for the manufacturing of finished goods.

2. In a direct materials budget, the desired ending raw materials inventory for the year is equal to the ending raw materials inventory for the last period.

3 0
2 years ago
The contestable market model of oligopoly bases pricing and output decisions on:
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Latoya has a lot of doctor’s visits coming up, and her children all need vaccinations for the upcoming school year. Which type o
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Answer:

Health insurance

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The other insurances listed are all insurances paid out when you die.

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