Answer:
B. Can deny registration based on the suspension by the foreign regulator.
Explanation:
Section 204 of the Uniform Securities Act part H1 states that if an applicant has been convicted of the violation of the laws of a foreign jurisdiction governing or regulating any aspect of the securities and banking business within the past five years or has been the subject of an action meted by any of these bodies such as being denied, suspended, or revoked the right to do business as a broker-dealer, agent or investment banker by a self-regulatory organization or any organization acting under the securities act, the State Administrator reserves the right to by order, deny, suspend or revoke his application.
The Uniform Securities Act was formed to regulate and receive applications from interested applicants on securities on the state level. In the question above, since the applicant was suspended from membership on the London Stock Exchange 4 years ago because of unauthorized trading by its Singapore branch, the Administrator would be acting within his rights if he denied the registration.
Hey y'all...
Can you guys help!!
How is foreign employment protectional /development board supportive to the foreign employment?
Use your own language!!
Thanks!!
Answer:
The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas.
A 50-year old customer is in a very low tax bracket. She lives in a state that has one of the highest income tax rates. The customer is seeking income and preservation of capital. She has a 10 year investment time horizon. The best r
ecommendation would be a 10 year maturity:__________
a. Treasury Bond
b. investment grade corporate bond
c. investment grade municipal bond
d. Treasury STRIPS
Answer:
b. investment grade corporate bond
Explanation:
Credit rating is used to show the reliability of a security. The Investment Grade is a credit rating the is low risk bond. There is low possiblity of default on this type of investment.
Medium rating of A and BBB represent the investment grade corporate bond.
This is an attractive investment for the more conservative investor.
This is an ideal investment choice for the 50-year old customer with very low tax bracket, in a state with high income tax rates. So she is seeking income and preservation of capital.
The best recommendation for the 5o-year-old customer would be 10- year maturity that is known as an investment-grade corporate bond.
Bonds rated "investment-grade" are considered to just have positive significant credit ratings and a low risk of default. Top companies may benefit from their status as investment-grade credits, resulting in lower interest rates.
A corporate or municipal bond with an investment-grade rating has a relatively low risk of default. Companies with a "AAA" rating are considered the least likely to default, according to Standard and Poors.
Businesses that Moody deems to be the least probable to happen start receiving an "Aaa" rank.
To know more about the various securities with maturity periods, refer to the link below:
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What are people with out a college education most likely to do
Physical units to be accounted equals A : units started into production plus units in ending work in process inventory. B : units started into production plus units in beginning work in process inventory. C : units started into production less units in beginning work in process inventory. D : units completed and transferred out plus beginning work in process inventory.
Answer:
B : units started into production plus units in beginning work in process inventory.
Explanation:
If a Company uses process costing, the units to be accounted for are the units that were in production during the period.
Units in production comprises of units in beginning work in process still to be completed as a result of previous process plus the units started into production during the period.
The beta of Ricci Co.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what should investors expect as a return on on Ricci Co.?
Answer:
Investors expect a return of 37.80 %.
Explanation:
The return that investors expect is the cost of equity to Ricci Co.
Cost of Equity = Return on Risk Free Security + Beta × Risk Premium
Where,
Risk Premium = Return on Market Portfolio - Return on Risk Free Security
= 18.00% - 9.00%
= 9.00 %
Cost of Equity = 9.00% + 3.2 × 9.00 %
= 37.80 %
Evelyn invests $5,000 in a savings account that pays interest at a rate of 6.7% compounded annually. If she withdraws half the interest earned at the end of the third year, approximately how much additional interest does she earn during the fourth year
Answer:
$371
Explanation:
The computation of additional interest during the fourth year is shown below:
but before that we need to do the following calculations
Amount = Principal × (1 + (rate of interest ÷ (1 × 100)))^(1 × number of years)
A = $5,000 × (1 + (6.7% ÷ (1 × 100)))^(1 × 3)
= $5,000 × (1 + (6.7 ÷ 100))^(1 × 3)
= $5,000 × (1 + 0.067)^3
= $5,000 × (1.067)^3
= 5000 × 1.214
= $6,070
Now, Interest gained after 3 years on the amount of Principal is
= $6,070 - $5,000
= $1,070
Here Evelyn issued interest which is half that is earned at the end of the 3rd year
Sp,
Half of the interest gained will be
= $1,070 ÷ 2
= $535
Now,
The new Principal amount for 4th year is
= $6,070 - $535
= $5,535
So, the final amount in the fourth year is
A = P × (1 + (r ÷ n))^(nt)
= $5,535 × (1 + 0.067 ÷ 1 ]^(1 × 1)
= $5,535 × 1.067
= $5.905.845
Hence the additional interest in the fourth year is
= $5,905.845 - $5,535
= $370.845
or
= $371
Therefore for computing the additional interest during the fourth year we simply applied the above formula.
What is a kiosk?
A. A stand-alone structure that offers information or a place to make
purchases
B. A display located at the end of an aisle in a store
C. A place that displays merchandise so that people can see it from
the street
D. A place in a store where people make purchases, including
impulse buys
Answer:
A kiosk is basically a structure where people can obtain information or make purchases. (Example: Information kiosk for a museum/visitor center).
Given this, one can clearly see that the correct answer is A. "A stand-alone structure that offers information or a place to make purchases."
Let me know if this helps
Answer: A stand-alone structure that offers information or a place to make purchases
Explanation: Just took the test
Among its assets are the following: (1) the showroom building, a separate building used to service customer cars, and various parking lots, (2) a nearby acre of land not currently used by the auto dealership, (3) new and used cars and trucks for sale to customers, and (4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced. The assets that are classified as plant assets on the company's balance sheet include
Answer:
(1) the showroom building, a separate building used to service customer cars, and various parking lots
(4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced.
Explanation:
Plant Assets are defined as assets in the business that are expected to provide the benefit of helping a company accrue revenue and have will have a useful life of more than a year.
The showroom building, a separate building used to service customer cars, and various parking lots are all places where the company performs business with the showroom showcasing cars for sale and the separate building being used for servicing cars which is another revenue stream.
The car that is used to provide rides to customers who prefer to wait at home while their cars are serviced is also a plant asset as it provides a value added service to customers who will be more likely to have repeat business with the company as a result thereby generating more revenue.
Organizations covered by the federal hipaa privacy law are expected to:
Answer: Organizations under the federal HIPAA privacy law are expected to do all of these things: provide cover for identifiable personal information about the "past, present or future physical or mental health conditions of patients.
Explanation: Privacy protections come from both federal and state law, and the HIPPA privacy law contains rules about who can access health information, and under what circumstances these information can be given. The law thus governs health care providers, health plans, and health information clearinghouses, their business associates, and the workers for those organizations. Organizations under the HIPAA privacy law must cover identifiable personal information about the "past, present or future physical or mental health condition of patients in any form or medium, as long as it is identified (or identifiable) as a particular patient's information and data.
Iggie took a university teaching job as an assistant professor in 1980 at a salary of $15,000. By 2011, she had been promoted to full professor, with a salary of $70,000. If the price index was 82 in 1980 and 225 in 2011, then what is Iggie's 2011 salary in 1980 dollars
Answer:
$25,511.11
Explanation:
Iggie's salary in 1980 dollars = (salary / 2011 price index) x 1980 price index = ($70,000 / 225) x 82 = $25,511.11
The price index shows us how much the value of money has changed over time. In this case, $82 in 1980 could purchase X goods. In 2011, you would need $225 in order to be able to purchase the same amount of X goods.
Brick Co. has 170,000 shares of common stock outstanding at January 1, Year 5. On May 1, Year 5, it issued 30,000 additional shares of common stock. Outstanding all year were 12,000 shares of convertible cumulative preferred stock. Each share of the convertible preferred stock, which was dilutive in Year 5, is convertible into one share of Brick's common stock. What is the number of shares that Brick should use to calculate Year 5 diluted earnings per share
Answer:
the number of shares that Brick should use to calculate Year 5 diluted earnings per share is 202,000 shares.
Explanation:
Diluted Earnings per share takes into account the potential voting rights in the calculation of the Weighted Average Number of Common Stocks Outstanding.
Weighted Average Number of Common Stocks Outstanding Calculation :
Outstanding at beginning of the Year 170,000
Issued May 1 : 30,000 × 8/12 20,000
Convertible cumulative preferred stock 12,000
Weighted Average Number of Common Stocks Outstanding 202,000
how does tariffs impact employment?
Answer:
mark me as a brainlist answee
Explanation:
The levying of tariffs is often highly politicized. The possibility of increased competition from imported goods can threaten domestic industries. These domestic companies may fire workers or shift production abroad to cut costs, which means higher unemployment and a less happy electorate.
The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.
Answer:
income-generating assets under the current account of the balance of payment.
Explanation:
Remember, the related term balance of payment refers to the calculation of a country's transactions at the international level for a specific period.
In other to determine the flow of money in and out of a country, the receipts from income-generating assets such as stocks (in the form of dividends) are thus recorded in the current account.
All of the following are reasons that the statement of cash flows is useful to the analyst except: A. The statement of cash flows shows how cash is generated during an accounting period and how it has been used. B. A positive net income figure on the income statement is ultimately insignificant unless a company can translate its earnings into cash, and the only source in financial statements for learning about cash generation is the statement of cash flows. C. The statement of cash flows shows the adjustments made to net income in order to calculate cash flow from operations; those should be examined to determine why cash flow from operations is negative or positive. D. The statement of cash flows is the only financial statement that cannot be manipulated.
Answer: The statement of cash flows is the only financial statement that cannot be manipulated
Explanation:
The cash flow statement is used to know how much cash is coming into and going out of a business.
The statement of cash flows shows the adjustments that can be made to the net income to calculate cash flow from operations.
The assumption that the statement of cash flows is the only financial statement that cannot be manipulated is wrong.
The statement of cash flows is the only financial statement that cannot be manipulated is not reason that the statement of cash flows is useful to the analyst.
Cash flow statements are important for all investors, which makes financial analysts increase the inflow of cash flow so that it looks good for investors and becomes confident in the business.
Therefore, cash flow is essential in providing cash availability its inflow and outflow to accountants as well as analysts that is further used for developing income statements.
Learn more about cash flow statements here:
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Suppose the population of country ABC rises from 40 million to 44 million. If the country's Real GDP rises from $825 billion to $890 billion during this same period, the result is _________________ economic growth.
Answer: absolute economic growth but not per capita real
Explanation:
Real gross domestic product (GDP) shows the value of all the goods and services that are produced by an economy in a particular year which has been adjusted due to inflation.
Since the Real GDP has increased from $825 billion to $8990 billion, there has been absolute economic growth.
For the per capita growth, there has been a decline.
A third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own. This is called Group of answer choices
Answer: Capacity aggregation
Explanation:
Capacity aggregation is the planning and management of the entire capacity of the resources of an organization.
Capacity aggregation is when a third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own.
A local electricity - generating company has a monopoly that is protected by an entry barrier that takes the form of:________. a. economies of scale. b. perfectly inelastic demand curve. c. control of a key raw material. d. network externalities.
Answer:
a. economies of scale.
Explanation:
Economics of scale refers to a scale in which there is a benefit of the cost that occurs when there is an efficient production
It can be accomplished by rising the production at less cost this arise as cost are allocated among the larger number of goods
Here, the local electricity who generated the company has a monopoly and are safe from the entry barrier
So this is a case of economies of scale
Hence, the correct option is a. economies of scale
Three key takeaways from the history of credit in america
The Diners Club Card in 1950 was the first credit card. The Franklin National Bank situated in Long Island, New York, issued the first bank credit card in 1951.
The profitability of credit cards did not last long before others saw it and by 1953, and 60 credit card programs were in the United States.It recorded the ability to pay back debts and proved responsible for their repayment.Following are the key purchases from American credit history:
Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.Includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.You will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.Learn more:
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Explanation:
I hope this image will help you
Chad runs a coffee shop that has annual revenues of $300,000, supply costs of $60,000, and employee salaries of $60,000. He has the option of renting out the coffee shop for $80,000 per year, and he has three outside offers from competitors to work as a senior barista at Starbucks (for an annual salary of $30,000), at Simon's coffee house (for an annual salary of $40,000), and at Peet's coffee shop (for an annual salary of $60,000). He can only hold one job at a time. What should Chad do?
Answer:
Explanation:
Option 1
Revenue from coffee -300,000
Cost of sales - 60,000
Salaries - 60,000
Net income 180,000
Option 2
Rental income - 80,000
Option 3
Rental income - 80,000
Salary at Starbuck- 30,000
110,000
Option 4
rental income 80,000
Salary at Simon 40,000
120,000
Option 5
Rental income 80,000
salary at Peet 60,000
140,000
Looking at all the options before Chad , his highest income compared to others options would come form running his own coffee shop,which is 180,000 . Therefore , it is advised that he should continue to run his own shop.
An accounting firm conducts periodic reviews of the distribution of pay and other rewards granted to employees, such as promotions and increased office space. The goal of the reviews is to confirm that employees who received greater pay increases or other favorable outcomes have made significant contributions to the organization. This ensures the company uses _______ when rewarding its employees.
Answer:
distributive justice
Explanation:
Distributive justice refers to the equitable distribution of resources among the different community members. Here, the total amount or any other thing could be fairly allocated to each employee or a member so that the bias could not be existed
Here in the given situation, the employee who made significant contribution to the organization in return they got their pay increased or other beneficial results
So this represents the distributive justice
On January 1, 2019, Providence, Inc., Issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On January 1, 2019, Providence, Inc., Issues $1,000,000 of 10 percent, 5-year bonds at par value. Note: Enter debits before credits Date General Journal Debit Credit Jan 01
Answer:
01-Jan-19
Dr Cash $1,000,000
Cr Bonds Payable $1,000,000
Explanation:
Preparation of the Journal entry for Providence, Inc
Based on the information given we were told that the company issues the amount of $1,000,000 of 10% which include 5-year bonds at par value on January 1, 2019, this means that the Journal entry will be recorded as:
01-Jan-19
Dr Cash $1,000,000
Cr Bonds Payable $1,000,000
(To record bonds at par value)
Mike, a minor, buys some real estate as an investment. The contract obligates Mike to make monthly installment payments for 10 years. Mike reaches the age of majority one month after making the contract. After this, Mike makes 25 monthly payments under the contract, but then decides that he wants to rescind the deal. Which of the following is most true?A. Mike can dis-affirm.B. Mike cannot dis-affirm because contracts for the sale of land can only be dis-affirmed before the age of majority.C. Mike cannot dis-affirm because contracts for the sale of land must be dis-affirmed within one year of the age of majority.D. Mike cannot dis-affirm because he has already ratified the contract.
Answer: d. mike cannot disaffirm because he has already ratified the contract
Explanation:
When signing deals it's important to consider long term, this helps to make the best decision in any and most scenario. Most deals signed too cannot be reversed or change or adjusted because it'll affect the policy of the organization and won't be health for them. Mike has agreed to buy a property through a spread payment plan, changing the deal now after some years will not be possible as it distorts the plan intially agreed and goes against the policy of the organization selling the home.
Assume that divisional income from operations amounts to $215,000 and top management has established 15% as the minimum rate of return on divisional assets totaling $1,000,000. The residual income for the division is
Answer:
$65,000
Explanation:
The computation of the residual income is shown below;
Residual income = Operating income - target income
where,
Operating income is given in the question
And, the target income could be calculated by
= Average invested assets × required rate of return
= $1000,000 × 15%
= $150,000
So, the residual income is
= $215,000 - $150,000
= $65,000
The Great Depression was caused by all of the following factors except Group of answer choices American industries and banks were not involved in the European economy some of the major banks did not have enough reserves to withstand an economic downturn prosperity was dependent on a few basic industries too few Americans were able to purchase goods produced by American industries there was an overwhelming maldistribution of wealth
Answer:
Correct answer:
1. American industries and banks were not involved in the European economy
Explanation:
The Great Depression is one of the worst period in the history of America where Americans where hit with severe economic crises. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.
Two twelve-year-old boys were seriously injured when riding on a go-kart. The boys were riding on public streets, ran a stop sign, and were hit by a car that did not see them. The go-kart had clear warning labels on the sides stating that it was only for off-road use only. The manual stated the go-kart not to be used on public streets. The parents sued the go-kart manufacturer. One basic issue in this case would be:
Answer:
Disobedience of the law or it may be ignorance
Explanation:
It may be that the kids didnt see the sign or it might be ignorance
Andy tells Ervin and Marina that everyone will lose their jobs if the company goes out of business, whether they have guild protection or not. Which influence tactic is Andy most likely utilizing?
Answer:
Pressure
Explanation:
Influence Tactic are ways a leader tries to influence people working with him to do a particular task or improve performance.
Among the influence tactics available, the influence tactic that Andy is most likely utilizing when he says that everyone would lose their jobs if the company goes out of business, regardless of guild protection is Pressure.
Pressure as an influence tactic tries to influence people through the use of threats, demands, or intimidation to get them to agree with a request.
Buyers of put options anticipate the value of the underlying asset will __________, and sellers of call options anticipate the value of the underlying asset will ________. Group of answer choices Cannot tell without further information increase; decrease decrease; increase decrease; decrease increase; increase
Answer:
Decrease;decrease.
Explanation:
In Business, an option is a legal contract which gives a buyer the right but not an obligation, to sell (such as put) or buy (such as a call) the underlying asset at a specific or given price on or before a certain date.
Generally, buyers of put options anticipate the value of the underlying asset will decrease, and sellers of call options anticipate the value of the underlying asset will decrease.
During the early years of the Reagan administration, some of the presidential advisors argued that tax cuts could reduce inflation because they would give people an incentive to produce more. Critics of this argument believed that tax cuts would increase inflation, not reduce it. The critics were arguing that tax cuts move the:
Answer:
The correct solution is "Aggregate demand curve to the right with little change in long-run aggregate supply".
Explanation:
Together all long-term aggregate demand curve implies that the average has some degree of environmental production this could generate, anywhere at a competitive price. When major inflation increases prices multiply simultaneously, and now in the long term, your community could still contribute to the provision. The critics argued that tax reductions shift the aggregate equilibrium to the right with really no improvement throughout the aggregate production in the long term.Joan, who has a PhD in economics, has been employed as an agent by Gibraltar Securities for the past 15 years. Missing academic life, she resigns from the broker-dealer and accepts a position as an economics professor at a state university. Which, if any party, is required to notify the state securities Administrator of this change
Answer:
both the agent in question as well as the former broker/dealer are required to notify the Administrator promptly.
Explanation:
In the specific scenario that is being described both the agent in question as well as the former broker/dealer are required to notify the Administrator promptly. This is mainly due to the fact that the license that an agent possesses expires as soon as they cease to be employed by the broker/dealer and/or issuer for whom they were previously licensed. Therefore this information needs to be presented immediately to the securities administrator and her license needs to be revoked.
At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit sales of $975,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $580 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off.
Prepare the journal entries for these transactions.
View transaction list
Journal entry worksheet
1 2 3 4
Record the estimated bad debts expense.
Note: Enter debits before credits
Date General Journal Debit Credit
Dec 31
Record entry
Clear entry
View general journal
Answer:
Journal entries below
Explanation:
Dec 31, Bad debts expense a/c Dr $4,875
To Allowance for doubtful a/c Cr $4,875
(To record bad debt expense)
Feb 1, Allowance for doubtful a/c Dr $580
To Accounts receivable - P. Park a/c Cr $580
(To record allowance for doubtful a/c)
June 5, Accounts receivable -P. Park Dr $580
To Allowance for doubtful a/c Cr $580
(To record bad debt written off)
June 5, Cash a/c Dr $580
To Accounts receivable - P. Park a/c Cr $580
(To record cash paid).
• Chen write off the receivable from balance sheet using the percentage of sales method of receivable of ($975,000 × 0.5%) = $4,875.
• Also on February 1, Chen writes off P.Park from receivable of $580 since he knew he will not pay but did pay on June 5 for $580; meaning that Chen reinstate the receivable afterwards collected cash from receivable.