Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

Which of the following statements is not applicable to capital markets? A. This market makes provision for the wealth of savers to be put to

Which of the following statements is not applicable to capital markets?

A. This market makes provision for the wealth of savers to be put to long-term productive use.

B. Long-term debt is obtainable from this market.

C. The Johannesburg Securities Exchange is a large primary capital market in South Africa.

D. Commercial banks are major suppliers of funds in this market.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance Theory And Practice

Authors: M. Marlow

1st Edition

0030969603, 978-0030969607

More Books

Students also viewed these Finance questions

Question

★★★★★

An assistant auditor was instructed to test the aging of accounts receivable as shown on the trial balance prepared by the client. In making this test, the assistant traced all past-due accounts...

Answered: 1 week ago

Question

★★★★★

JAVA "Always remember that you are absolutely unique. Just like everyone else." -Margaret Mead Some programming languages provide some operator to easily check membership, e.g., string 's' is a...

Answered: 1 week ago

Question

★★★★★

Physical delivery of underlying asset will not happen on the expiry date for a. Stock futures b. Commodity futures c. Index futures d. All of the above

Answered: 1 week ago

Question

★★★★★

Suppose you are auditing cash disbursements and discover several payments to a company you are unfamiliar with and cannot find information about this company on the Internet or in the local telephone...

Answered: 1 week ago

Question

★★★★★

Ramal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $28,800 (as shown in the statement below) inadequate for expanding his business. The bank is insisting on an improved...

Answered: 1 week ago

Question

★★★★★

1. Which of the following businesses would be most likely to use the accrual basis of accounting? a. Real estate agent b. Grocery store c. Physician d. Attorney

Answered: 1 week ago

Question

★★★★★

QUESTION 4 (b) Read the following scenarios: (i) (ii) (iii) Delphine & Co. is a law firm which had been operating for the past 20 years. The firm has over 200 active clients, mainly commercial...

Answered: 1 week ago

Question

★★★★★

State the uses of job description.

Answered: 1 week ago

Question

★★★★★

Define and explain two of the four pieces to Lessig's Framework. I should see how you understand how Lessig's Laws apply to the IT world. (Minimum of two paragraphs)Thank you

Answered: 1 week ago

Question

★★★★★

Explain in detail the different methods of performance appraisal .

Answered: 1 week ago

Question

★★★★★

In a particular county, the average number of suicides reported each month is 2.75. Assume that the number of suicides follows a Poisson distribution. What is the probability that at least two (two...

Answered: 1 week ago

Question

★★★★★

(Appendices) Why do readers of financial statements prefer the separate disclosure of gross sales revenue and sales returns and allowances to the disclosure of a single net sales revenue amount? LO61

Answered: 1 week ago

Question

★★★★★

(Appendices) Name the two allowance methods used to compute uncollectible account expense. For each method, how is uncollectible account expense computed and what does the balance of the allowance...

Answered: 1 week ago

Question

★★★★★

(Appendices) INCOME EFFECTS OF UNCOLLECTIBLE ACCOUNTS. The credit manager and the accountant for Goldsmith Company are attempting to assess the effect on net income of writing off $100,000 of...

Answered: 1 week ago

Previous Question Next Question