Which of the following is true of a financial market?
A. Only new securities can be traded in a financial market.
B. Some financial markets are local.
C. All financial markets have a central physical location.
D. All financial markets are secondary markets.
Answer: B
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The entry required to recognize the bad debts expense for 2014 will act to:
a. Increase total assets and retained earnings b. Decrease total assets and retained earnings c. Decrease total assets and increase net income d. Increase total assets and decrease net income
Larry wanted to buy a 1957 Cadillac once owned by Reggie Jackson. Larry entered into a contract with the owner agreeing to pay $102,000 . The owner subsequently changed his mind. If Larry sues, what remedies are potentially available?
Smalltime Investments Inc is going to purchase new computers. There are ten employees, and the company would like one for each employee
The cost of the basic personal computer with monitor and disk drive is $2,000, while the deluxe version with VGA and advanced processor is $3,500. Due to internal politics, the number of deluxe computers should be less than half the number of regular computers, but at least three deluxe computers must be purchased. The budget is $27,000, although additional money could be used if it were deemed necessary. All of these are goals that the company has identified. Formulate this as a goal programming problem.
Raw materials used to produce products are:
A. promotional expenses. B. variable expenses. C. overhead expenses. D. fixed expenses.