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3 years ago

) A corporation acquires new funds only when its securities are sold in the

Business

1 answer:

xeze [42]3 years ago

4 0

Answer:

(a) in the primary market by an investment bank.

<u>Multiple -choice options</u>

(a) in the primary market by an investment bank.

(b) in the primary market by a stock exchange broker.

(d) in the secondary market by a commercial bank.

Explanation:

The securities exchange has both primary markets and secondary markets. The primary market deals with new shares or securities that corporations offer to investors. Once the securities have been issued, they become available for trading at the secondary market.

If a corporation wishes to raise additional funds, it issues new shares to investors. It contracts an investment banker who assists in planning, organizing, and facilitating the entire process. Since the corporation is offering new shares, they are issued in the primary market.

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Aggie Company is going to trade-in an old piece of equipment for new equipment.

Setler79 [48]

Answer:

Option C,$2,997 is the correct answer.

Explanation:

The amount to be paid in quarterly installments over a 5 year period is the list price less the down payment and the trade-in value of $10,000 as shown below.

list price $65,000

down-payment ($6,000)

trade-in-value ($10,000)

balance $49,000

The quarterly installment can be computed using the pmt formula in excel as follows:

=pmt(rate,nper,-pv,fv)

rate is the quarterly interest rate of 8%/4=2%

nper is the number of quarterly installments which is 4*5=20

pv is the present value of the amount to be paid in installments which is $49000

fv is the future value ,it is not unknown,hence it is zero

=pmt(2%,20,-49,000,0)

=$2,996.68

approx.$$2,997

6 0

3 years ago

various financial data for the past two years follow. calculate the total productivity measure and the partial measures for labo

igor_vitrenko [27]

The total productivity decreased from 1.66 to 1.53 due to the decrease in the productivity of the labor( from 6.67 to 5.5) and raw materials (from 5.71 to 4.88)

Explanation:

productivity is defined as the ratio of the output to input.

partial measures are defined as the ratio of the output to the single input or it is the ratio of the output to the labor or the ratio of the output to capital.

the total measure is the ratio of the goods or services produced to all the inputs used in producing them.

LAST YEAR:

total productivity = 1.66

partial productivity for labor = 6.67

partial productivity for capital = 4

partial productivity for raw materials = 5.71

THIS YEAR:

total productivity= 1.53

partial productivity for labor= 5.5

partial productivity for capital = 4.4

partial productivity for raw materials = 4.88

learn more about productivity here; brainly.com/question/2992817

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6 0

2 years ago

For the current interest period, Jones Corporation's accountant correctly recognized interest expense of $7,350 relating to Jone

Xelga [282]

Answer:

Journal entry recording the interest

Debit Credit

Interest Expense $7,350

Cash $7,000

Interest Payable $350

As $7,000 is paid from the total expense of $7,350. Remaining interest of $350 is recorded as liability in interest payable account.

5 0

4 years ago

Oriole Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $28

Tju [1.3M]

Answer:

Dr. Bad debt expense. $11,200

---------To Allowance for doubtful accounts $11,200

Explanation:

Given that:

Accounts receivable balance = $280,000

Total credit sales = $2,810,000

5% of accounts receivables will be bad debt = $280,00 × 5% = $14,000

Credit balance allowance for doubtful account = $2,800 and it must increase to $14,000 I.e $14,000 - $2,800 = $11,200

Adjusting journal entry

Dr Bad debt expense $11,200

-------- Cr Allowance for doubtful accounts $11,200

8 0

3 years ago

What distinguishes the money market from the capital market?.

AleksAgata [21]

Answer:

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.

Explanation:

5 0

2 years ago