A building and equipment would be considered what type of asset?

Business Trivia / April 05, 2025

Real. A real asset that is intrinsically valuable because of its utility, such as real estate or physical equipment.

What is a market index portfolio?

Business Trivia / April 04, 2025

Passive Portfolio. The market index is a method of measuring a section of the stock market.

How did super-rich Ray Lee Hunt make his billions?

Business Trivia / April 04, 2025

Oil. Ray Lee Hunt ranked 74th on "Forbes" 2006 Rich List calls Dallas, TX home and was worth $3.5 billion.

Which location did F.W. Woolworth's first open nine stores in?

Business Trivia / April 03, 2025

Utica, NY. Woolworth's was America's original "five-and-dime" with much of its inventory priced at or below a nickel and a dime.

As it relates to Wall Street, what is the opposite of a "liquid market"?

Business Trivia / April 03, 2025

Thin Market. A "liquid market" is characterized by many bid and ask offers; a "thin market" has few offers.

How did Martha R. Ingram make her billions?

Business Trivia / April 02, 2025

Ingram Industries. Martha R. Ingram ranked 94th on "Forbes" 2006 Rich List calls Nashville, TN home and was worth $2.9 billion.