Answer:
The secondary market is the market in which securities are traded. This market no longer accumulates new financial resources for the issuer, but only reallocates resources among subsequent investors.
As a resale mechanism, it allows investors to freely buy and sell securities. In the absence of a secondary market or its weak organization, the subsequent resale of securities would be impossible or difficult, which would discourage investors from buying all or part of the securities. As a result, society would be left on the losing side, since many, especially the newest, undertakings would not receive the necessary financial support.
Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
$15,400
Why:
Original cost is $22,000 and 30% of that is $6,600.
$22,000 - $6,600 = $15,400
Answer:
$178
Explanation:
Net Sales:
= Sales (January & February) of wizard and Spyder - Discount allowed to Wizard Inc
= ($100 + $80) - ($100 × 2%)
= $180 - $2
= $178
Gross Profit = Net Sales - Cost of goods sold
= $178 - ($70 + $60)
= $178 - $130
= $48
Therefore, total revenue Solitare would report over the two months is $ 178 with a gross profit of $48.
Answer:
Redlining
Explanation:
The redlining is the practice of systematic denial in the United States and the Canada.
In redlining the persons belonging to the specific geographical locations or dealing the specific geographical area are denied by the bank or other sectors to lend money or provide services along the region or in the neighborhood.
