Primary markets deal in the stocks of larger, well-known companies; secondary markets deal in the stocks of smaller, less well-known companies

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Manhattan Enterprises manufactures cookware sets and sells the sets to department stores

Manhattan expects to sell 2,400 cookware sets for $200 each in April and 3,500 cookware sets for $215 each in May. Sales are 15% cash and 85% on account. Compute the total budgeted sales for May. A) $752,500 B) $480,000 C) $112,875 D) $9,594,375

Business

How many days from the date of loss does the insured have to submit a completed claim form to the insurer?

A) 20 days B) 90 days C) 10 days D) 60 days

Business