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3 years ago

Select all the statements that are true about Secondary Markets only.

Business

1 answer:

Contact [7]3 years ago

5 0

Answer:

The secondary market is the market in which securities are traded. This market no longer accumulates new financial resources for the issuer, but only reallocates resources among subsequent investors.

As a resale mechanism, it allows investors to freely buy and sell securities. In the absence of a secondary market or its weak organization, the subsequent resale of securities would be impossible or difficult, which would discourage investors from buying all or part of the securities. As a result, society would be left on the losing side, since many, especially the newest, undertakings would not receive the necessary financial support.

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Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an

gulaghasi [49]

Answer:

True

Explanation:

The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.

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3 years ago

If the annual net income from a commercial property is $22,000, and the capitalization rate is 8%, what is the value of the prop

Evgesh-ka [11]

Answer: $275,000

Explanation:

Given that,

Annual net income = $22,000

Capitalization rate = 8%

Value of the property = ?

Capitalization rate = $\frac{Net\ operating\ income}{Current\ property\ value}$

8% = $\frac{22,000}{Current\ property\ value}$

Value of the property = $\frac{22,000\times100}{8}$

= $275,000

8 0

3 years ago

Robin has moved to a new town during her sophomore year in high school. In order to find a new group of friends, she joins the s

ira [324]

Answer:

Letter d is correct. <u>Coping behavior.</u>

Explanation:

The most suitable alternative to the question is the letter d.

Coping behavior can be defined as behavioral and cognitive efforts that an individual exerts to manage some issues that can be internal or external. This type of behavior is used when it is necessary to deal with great changes.

Therefore coping behavior is a process that an individual finds to manage stressful situations that can cause some type of anxiety.

6 0

3 years ago

Read 2 more answers

Angela is a project manager who leads a curriculum project. She is creating an outline of what each team member needs to complet

USPshnik [31]

Answer:

Planning

Explanation:

Project planning refers to all you do to set up a successful project. It's the process you're going through to set the steps needed to define your project goals, clarify the scope of what needs to be done and develop the task list to do that.

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3 years ago

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Heller Corporation has aged its accounts receivable and estimated uncollectible accounts as follows (in thousands). Age of Recei

MariettaO [177]

Answer:

$368

Explanation:

Bad debts also known as uncollectible expenses are the portion of the accounts receivable in accrual accounting that have to be written off as they are eventually not paid by the accounts receivable.

One of the ways of estimating bad debt is allowance method , which is expressing a bad expenses as a percentage of credit sales based on experience and past records.

Days past due balance % uncollectible

Current 11,000 1% 110

30-60 days 2,400 3% 72

61-90 days 1,700 6% 102

Over 90 days 840 10% 84

Total 368

Bad debt expenses to be recognized is $368

8 0

3 years ago