An initial public offering is the sale of securities by ________.
A. an issuer to the public
B. the SEC to a stock exchange
C. a stockholder to another stockholder
D. the Federal Reserve Bank to a commercial bank
Answer: A
You might also like to view...
A period when a recession ends and an expansion begins is known as
A. a depression. B. an inflationary period. C. a peak. D. a trough.
Some favorite Web sites usually cover news, weather, and sporting events
a. colon b. comma c. no additional mark
Ritzer argues that all aspects of our world are being rationalized through McDonaldization via four major mechanisms. One of those is the process of ‘Predictability’, which of the following is an example such a mechanism?
a. Using an explicitly stated and pre-programmed script so staff can quickly deal with customers b. Ensuring means of production – from produce through to staff - are of a minimal cost c. Using standardized procedures and machinery to produce standardized products and services so customers know what they are going to get irrespective of where or when they buy it d. Ensuring everyone wears the uniform, smiles at the customer and is extensively trained to ensure they stick to the pre-programmed script
[The following information applies to the questions displayed below.] Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information:Jan 1Beginning Inventory300 units @ $2.30Jan 12Purchase400 units @ $2.10Jan 18Sales500 units @ $3.80Jan 21Purchase300 units @ $2.40Jan 25Purchase100 units @ $2.20Jan 31Sales450 units @ $3.80Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31?
A. $345 B. $340 C. $1,020 D. $330