Toyota and Honda are two examples of companies that exhibit key characteristics of transnationality

Crystal, Inc is a merchandiser of stone ornaments

The company sold 8,000 units during the year. The company has provided the following information: Sales Revenue $593,000 Purchases (excluding Freight In) 304,000 Selling and Administrative Expenses 68,000 Freight In 14,000 Beginning Merchandise Inventory 46,000 Ending Merchandise Inventory 42,000 What is the operating income for the year? (Round your answer to the nearest cent.) A) $203,000 B) $322,000 C) $271,000 D) $525,000

Interests or instruments that are expressly mentioned in securities acts are known as ________

A) common securities B) implicit securities C) investment contracts D) statutorily defined securities