The purchase of stock with cash in the hope of earning a capital gain is known as taking a

A) long position in the stock.
B) short position in the stock.
C) long, margined position in the stock.
D) short, margined position in the stock.


Answer: A

Business

You might also like to view...

Motherboard Technology makes and sells only one product, a high-quality processor for mainframe computers, within its market—Silicon Valley, California. Which strategy is Motherboard Technology using?

A. cost-focus B. focused-differentiation C. diversification D. single-product E. differentiation

Business

When stock is issued for cash, only the par value of the stock should be reported in the stock account

a. True b. False Indicate whether the statement is true or false

Business

The total annual holding cost is obtained by multiplying the ______.

A. average inventory level during the year by the average holding cost B. inventory level at the end of the year by the holding cost per unit per year C. inventory level at the beginning of the year by the holding cost per unit per year D. average inventory level during the year by the holding cost per unit per year

Business

The main benefit for individuals in level II of the inclusive workplace, inclusion and corporate community collaborations, is:

a. Better access to promotions and benefits as well as improved job satisfaction and well-being for individual employers b. Job training that may lead to employment with the company or improved job prospects with other employers. c. Internally focused company vision. d. Access to services that individuals may not otherwise have.

Business