An example of a primary market transaction is a. a new issue of common stock by the corporation b. a sale of some outstanding common stock c. Calculate the company s interest charges. The industry average inventory turnover is 5. You think you can change your inventory control system so as to cause your turnover to equal the industry average, and this change is expected to have no effect on either sales or cost of goods sold. The firm s current ratio is 3.0, while its quick ratio is 2.5.
Money markets are markets for a. Foreign currency exchange.
Your uncle would like to restrict his interest rate risk and his default risk, but he would still like to invest in corporate bonds. BBB bond with 10 years to maturity. AAA bond with 5 years to maturity. It is impossible to tell without knowing the coupon rates of the bonds. The yields on the two bonds are equal.