The ________ is the market of first sale in which companies first sell their authorized shares to the public
A) primary market
B) secondary market
C) both primary and secondary markets
D) Nasdaq market
Answer: A
Explanation: A) There are two major markets for the sale of stock, the primary market and the secondary market. The primary market is the market of first sale, in which companies first sell their authorized shares to the public. The secondary market is the after-sale market of the existing outstanding shares in which individual or institutional owners of stocks sell their shares to other investors.
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Ewing Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Direct materials quantity standard 3 pounds per product Direct labor time standard 5 hours per product Direct materials price standard $10 per pound Direct labor rate standard $ 9 per hour Standard variable overhead rate $ 5 per labor hour
Standard fixed overhead rate $10 per labor hour The standard unit cost for overhead is a. $15. b. $25. c. $50. d. $75.
_______ is a methodical way of determining, and even forecasting, service trends.
Fill in the blank(s) with the appropriate word(s).
Achieving literacy in the digital age means thinking ________ about new media.?
Fill in the blank(s) with correct word
The Jerry Fund, which trades on the New York Stock Exchange, has a NAV of $20 and a market price of $22. We know, then, the fund is
A) open end with a front-end load. B) open end with a rear-end load. C) closed end, selling at a discount. D) closed end, selling at a premium.