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o-na [289]
2 years ago
10

What do you think Anielski means by the phrase

Business
1 answer:
Veronika [31]2 years ago
4 0

Answer: yes I agree the him

Explanation:

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Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dea
trapecia [35]

Answer:

sale of a new share of stock to an individual investor

Explanation:

Securities are created in the primary market. With an IPO which stands for initial public offering, new stocks are sold to the public by companies on a first time basis.

The sale of a new share of stock in the question is an example of a primary market transaction.

6 0
3 years ago
Read 2 more answers
American Chip Corporation’s reporting year-end is December 31. The following is a partial adjusted trial balance as of December
guajiro [1.7K]

Answer:

Explanation:

The closing entry for the following accounts are shown below:

1. Sales Revenue A/c Dr 760,000

  Interest Revenue A/c Dr $3,500

             To Income Summary $763,500

 (Being revenue account closed)

2. Income summary A/c Dr $593,200

                          To cost of goods sold $425,000

                          To Interest Expense $5,100

                           To Salaries  Expense $110,000

                           To depreciation  Expense $31,000

                            To Rent Expense $16,000

                             To  Insurance expense $6,100

(Being expenses accounts are closed)

3. Income summary A/c Dr $170,300

                           To Retained earning $170,300

(Being the difference is credited to retained earning)

The retained earning is computed by

=  Number 1 - Number 2

=  $763,500 -  $763,500

= $170,300

5 0
3 years ago
Alco roofing company's beginning accounts receivable were $200,000 and ending accounts receivable were $270,000. during the peri
Vesna [10]
Https://quizlet.com/129490981/chapter-7-practice-flash-cards/ 
8 0
3 years ago
Partner A has a smaller capital balance than Partner L. Partner A, however, has a higher profit-and-loss-sharing percentage than
mixer [17]

Answer:

(C) Partner A will have a smaller loss absorption potential than L

6 0
3 years ago
Suppose investment is $1,100 billion, private saving is $1,050 billion, and capital inflow from abroad is $100 billion. Solve th
Sauron [17]

Anoveoswer:

The government deficit is $150 billion

Explanation:

Current Account (CA)  = Savings(S) -Investment(I).

Current account (CA)  is also conventionally defined as (X-M) (value of exports – value of imports) + Net income from abroad. (R)

CA = (X-M) + (R)

In this case CA= $1050 billion - $1100 billion

                      CA= -$50 billion

Therefore CA = (X-M) + (R)

           - $50 billion = x + $100 billion

       X-M= -$100 billion + -$50 billion=  -$150 billion

8 0
3 years ago
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