Trading securities are securities that are purchased by trading securities with other companies rather than by paying cash.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

A systematic method for describing, analyzing, interpreting, and evaluating the persuasive force of messages is known as ______.

A. content analysis B. experimental research C. rhetorical criticism D. survey research

Business

Utility created when a firm converts raw materials into finished products that are desired by the market is called ________ utility.

A. time B. place C. form D. price E. ownership

Business

Crafting an Effective Claim Request Analyze the following routine claim letter and make needed revisions. Dear Mr. Ortiz: Eight months ago, I purchased the Wireless-G Broadband Router (2.4 GHz), Model No. WRT54G, from your company. After only eight

months of use, it no longer works. It quit working while I was in the middle of a huge project, and the delay cost me hundreds of dollars. Since this product came with a year warranty, I am upset that it quit working after less than a year. It must be defective. I have the receipt for purchase and want a replacement immediately. The router problem has already cost me time and money. If I don't receive a replacement or refund immediately, I will not buy your products in the future. Please send a replacement router via express delivery to the address on this letterhead. Thank you.

Business

Chestnut, Inc. reported the following balances on its balance sheet at December 31, Year 1: Total Assets  $460,000       Total Liabilities  $ 170,000       Common Stock160,000    Retained Earnings130,000    Total Equity   290,000       Total Liabilities and Equity  $460,000  On January 1, Year 2, Chestnut purchased equipment for $40,000 on account. What is the company's debt-to-assets ratio immediately after the purchase of the equipment?

A. 0.46 B. 0.42 C. 0.34 D. 0.37

Business