Market for new issues of securities is Primary Market and Market for already-existing securities is Secondary Market.
What is Secondary Market?
Investors can acquire and sell securities they already possess on the secondary market. Although stocks are also sold on the main market when they are originally issued, it is what most people refer to as the "stock market."
Therefore,
Market for new issues of securities is Primary Market and Market for already-existing securities is Secondary Market.
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$5,040 since Irene earned nearly earned about $4,800 less than what she would be making if she did not make her early withdrawal.
Answer: $200,100
Explanation:
Given that,
Units sold = 15,000
Sales Revenue = $510,000
Purchases (excluding Freight In) = $310,500
Selling and Administrative Expenses = $36,000
Freight In = $15,900
Beginning Merchandise Inventory = $42,500
Ending Merchandise Inventory = $59,000
Cost of goods sold = Beginning Merchandise Inventory + Purchases + Freight In - Ending Merchandise Inventory
= $42,500 + $310,500 + $15,900 - $59,000
= $309,900
Gross Profit = Sales Revenue - Cost of goods sold
= $510,000 - $309,900
= $200,100
Answer:
$6,014,384
Explanation:
Break even point is the level at which a firm makes neither profit nor a loss. This is the point where Profit = $0.
Break even units = Fixed Costs ÷ Contribution per unit
therefore,
Break even units = $3,236,000 ÷ ($184 x $85)
= 32,687 units
thus,
Breakeven Sales = 32,687 units x $184 = $6,014,384
Answer:
The correct answer is B
Explanation:
Stockout or OOS stands for Out of Stock, which is event that causes the inventory to be exhausted. It occur with the entire supply chain.
In this case, Firm is facing failure for having adequate or enough supplies on hand, which result in the lost sales amounts to $175,000. It is representing the Stockout in the inventory management costs.
