Institutional investors amass large pools of financial capital by accepting savings account deposits.
Answer the following statement true (T) or false (F)
False
Institutional investors do not accept deposits but amass huge pools of financial capital from other sources and use these funds to acquire a portfolio of many different assets. See 10-1: The Role of Financial Markets and Their Key Players
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Bronson has shopped at several toy stores. However, he really likes The Toy Corner because of the broad assortment offered for different age groups. Moreover, if a particular toy is not available at the store, Bronson can place an order and have it delivered directly to his home at a discounted price. Hence, Bronson feels that the service offered by The Toy Corner
A. is limited to specific customers. B. does not conform to promised delivery dates. C. does not provide value to customers. D. exceeds customer expectations. E. is poor due to lack of instrumental support.
A survey conducted by Selling Power magazine found that 87 percent of salespeople use ________ to deliver their sales presentations
Fill in the blanks with correct word
One dimension of GLOBE research on culturally based shared conceptions of leadership is ______, which emphasizes team building and implementation of a common purpose or goal among team members.
A. team oriented B. autonomous C. self-protective D. charismatic/value based
On January 1, Leon purchased a 10% stock interest in an S corporation for $30,000. He also loaned the S corporation $5,000 in exchange for a written promissory note. The S corporation generated a $330,000 operating loss for the year. Leon deducted his 10% share of the loss, reducing his tax basis in his stock to zero, and his tax basis in the note to $2,000. The following year, the S corporation repaid the note before Leon restored his basis in the note. What are the consequences of the loan repayment to Leon?
A. $2,000 capital gain B. $2,000 ordinary income C. $3,000 ordinary income D. $3,000 capital gain