Which of the following is a characteristic of a dealer market, rather than auction market, for common stock?
A) dealer markets specialize in trading income stocks
B) dealers may not offer all the same price for the same security
C) dealer markets operate as primary, not secondary, markets
D) dealer markets are more likely to be centralized
Answer: B) dealers may not offer all the same price for the same security
You might also like to view...
Ashbrook Services, Inc acquired 128,000 shares of Gamma Metals, Inc on January 1, 2017
Gamma declares a cash dividend of $2.00 per share on February 15, 2017 and pays the cash dividend on March 2, 2017. With the current investment, Ashbrook Services, Inc holds 11% of Gamma's voting stock. Which of the following will be the correct journal entry for the day when the dividend payment is made (March 2, 2017 )? A) Cash 256,000 Long-term Investments-Trading Investments 256,000 B) Cash 256,000 Long-term Investments-Available-for-Sale 256,000 C) No Entry D) Cash 256,000 Dividend Revenue 256,000
Why do firms employ more than one persona to gather information about the target consumers?
A) Within a group, consumers usually exhibit similar tastes and preferences. B) The distribution of income and wealth are more or less equal across different customer segments. C) Although customers have uniques, essentially their basic needs and requirements are the same. D) Any target market may have a range of consumers who vary along a number of key dimensions. E) The firms want to provide consumers with a greater number of product choices.