In what kind of lease is the lessee responsible for costs in keeping the asset in working order?
on
Published in Business Trivia
Standard
Loose
Net
Short Term
Net.
The Wall St. location of the NYSE was added in 1922.
Business
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More Business Trivia
What did the first vending machine dispense?
Holy Water. William Rowe invented a cigarette-vending machine in 1926.
What term describes a way to profit from the price of stock declining?
Short Sale. Investors hope to profit from short sales by paying for the stock after the price has dropped.
What is the ratio of long-term debt to total capitalization?
Long Term Debt Ratio. The ratio is calculated by dividing long-term debt by available capital.
What does a "M.A.C." clause from a lending institution mean?
Material Adverse Change. "M.A.C." is a means to protect the acquirer from major changes that make the target less attractive as a purchase.
When was the Dow Jones Transportation Average created?
1884. The Dow Jones Transportation Average preceded the Industrial Average and was composed of nine railroad stocks and two non-rail stocks.
Who is the founder of the USA Network?
Barry Diller. Diller, who was president of ABC programming in the 1960s, is Chairman of Expedia, Inc. and Ticketmaster, Inc.
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