Financial securities that represent ownership interests such as common, preferred, or other capital stock. They also include rights to acquire or dispose of ownership interests at an agreed-upon or determinable price, such as in warrants, rights, and call or put options. The cost of equity securities includes the purchase price of the security plus broker's commissions and other fees incidental to the purchase.
(a) equity securities
(b) arbitrageurs
(c) consolidated financial statements
(d) reclassification adjustment
Ans: (a) equity securities
Business
You might also like to view...
Of the Big Five personality dimensions that have a positive relationship to job performance, _____ describes how dependable, responsible, and achievement-oriented a person is.
Fill in the blank(s) with the appropriate word(s).
Business
Alex had purchased a battery-operated drill. The drill overheated and exploded when he tried to use it. It was determined that the explosion was due to a problem with how the drill was manufactured. Alex can lodge a complaint about the drill at the _____
a. Consumer Product Safety Commission b. Consumer Protection Commission c. Federal Trade Commission d. Department of Trade
Business