The financial account consists COMPLETELY of which four components?

A) stock investment, bond investment, derivative investment, and mutual fund investment
B) direct investment, stock investment, net financial derivatives, and bond investment
C) direct investment, portfolio investment, net financial derivatives, and other asset investment
D) mutual fund investment, portfolio investment, derivative investment, and stock investment

Answer: C

Business

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Gross profit is the extra amount the company receives from the customer for merchandise sold over what the company paid to the vendor

Indicate whether the statement is true or false

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When the owner of real property obtains a new mortgage to pay-off an old mortgage it is known as

a. refinancing b. foreclosure c. assumption d. subordination

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