A registered representative (RR) recommends an AAA-rated municipal general obligation bond for the investment account of one of his clients. The client profile shows the customer is 25 years old, is in a low-income tax bracket, and has an aggressive long-term growth objective. This recommendation is

Answers

Answer 1

Answer:

not good and inappropriate for this type of client.

Explanation:

AAA-rated municipal bonds generally yield very low interest rates and if this client is very young (only 25 years old), doesn't have a lot of money, and has an aggressive growth objective, he/she should invest in more riskier securities that can possibly yield higher returns, e.g. stock market. This client needs higher returns, and investing in low risk and low return securities will not be suitable for him/her. This type of investment is best for retired people that actually have accumulated a large capital.


Related Questions

HELP I AM BEING TIMED!!!!!


Damell has an eye for detail and is good at drawing realistic pictures. His friend Riannon is very good with her
hands and at following directions to assemble materials. Considering Damell and Riannon's skills, how would they
best fit into careers in architecture and construction?
Damell is bemer fit for work in construction, while Riannon is better fit for work in architecture.
O Riannon is better fit for work in construction, while Damell is better fit for work in architecture.
Both Damell and Riannon would be more successful in architecture than in construction.
O Both Damell and Riannon would be more successful in construction than in architecture.

Answers

Answer: b

Explanation:

in these, the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture. The correct option is (B).

What do you mean by the architecture?

Architecture, as opposed to construction-related abilities, is the art and technique of designing and building.

Architecture is a discipline that satisfies both functional and expressive needs, and as a result, it serves both utilitarian and aesthetic goals.

These two ends can be identified from one another but they cannot be separated, and the proportional importance accorded to each can differ significantly.

In accordance with the requirements of its various organizations, society determines the types of architecture, not architects. Society establishes the objectives, and the architect is tasked with figuring out how to get there.

Therefore, in these the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture.

To know more about the architecture, visit:

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When there is an expansionary gap, inflation will ______, in response to which the Federal Reserve will ____ real interest rates, and output will _____.

Answers

Answer: increase; raise; decline

Explanation:

An expansionary gap occurs in an economy when the potential output in the economy is less than the actual output.

It should be noted that when there is an expansionary gap, this will lead to a rise in inflation. Since inflation has risen, the government will also increase the real interest rates which will in turn, lead to the reduction in output.

Not offering ski equipment in a southern state is an example from what "chunk" of Marketing? a Channel Management b Marketing Information Management c Market Planning d Pricing e Promotion f Selling

Answers

Answer:

Market Planning

Explanation:

Marketing Planning are steps taken that consists of market situation analysis, analysis of marketing opportunities information, market and forecast, to develop a bases for objectives to achieve in the market structuring and advancing a marketing approach or strategy. As such the marketing plan are an outline of actions having a strategic base.

Examples of marketing planning includes;

1) Advertisement

2) Cause Marketing, that ties the offered product to a particular social cause or people policy or issue

3) Marketing by word of mouth

4) Marketing on the internet

5) Marketing based on relationship

An open market purchase will cause Question 32 options: Borrowed reserves to rise and the Fed Fund Rate to fall Nonborrowed reserves to rise and the Fed Fund Rate to fall Nonborrowed reserves to fall and the Fed Fund Rate to rise Borrowed reserves to fall and the Fed Fund Rate to rise

Answers

Answer:

Non Borrowed reserves to rise and the Fed Fund Rate to fall

Explanation:

An open market purchase is when the Central bank buys securities from banks. This increases money supply, increases the federal funds rate to fall and increases reserves

Borrowed reserves are monies borrowed by banks from the central bank to maintain required reserves.

The buying and selling of goods or services over computer networks is known as _______, whereas _______ involves using the Internet to facilitate every aspect of running a business.

Answers

Answer:

Electronics or e - commerce

Electronics or e - business

Explanation:

Electronics or e - commerce is an online platform that is used to enhance the selling and payment for the goods and services over the internet using computer network .

It allows a larger coverage , keeps customer record for easy retargeting and low financial cost among other benefits.

Electronics or e business is an online platform that uses the internet to facilitate every aspect of running a business through computer networks. Though similar to e commerce , but it is specifically used for business administration and not  for sales purpose.

Sending special offers to customers who have opted in to receive discounts via SMS text message or advertising a brand on a popular mobile game app like Angry Birds is an example of mobile __________.

Answers

Answer: Marketing

Explanation:

Mobile Marketing is probably the fastest growing method of marketing in the world today as the world sees more people using smartphones every year than the year before.

Mobile Marketing involves methods that target the mobile phone of a user so that they may have extended exposure to the advert. They can include sending special offers to customers who have opted in to receive discounts via SMS text message.

They can also involve advertising on apps like Angry Birds and media apps. This is why some apps are free because the developers earn revenue from mobile advertising.

On its December 31, 2020, balance sheet, Trafton Company reported its investment in equity securities, which had cost $600,000, at fair value of $560,000. At December 31, 2021, the fair value of the securities was $585,000. What should Trafton report on its 2021 income statement as a result of the increase in fair value of the investments in 2021?

Answers

Answer:

Unrealized gain of $25,000

Explanation:

Calculation for what Trafton will report on its 2021 income statement

Since we were told that the company had fair value of the amount of $560,000 At the end of the year in which we were still told that the fair value of the securities was the amount of $585,000 which means that Trafton will report an UNREALIZED GAIN of the amount of $25, on its 2021 income statement calculated as:

Using this formula

Income statement = 31 December Fair value of securities - Fair value investment in equity securities

Let plug in the formula

Income statement =$585,000 - $560,000

Income statement= $25,000 Unrealized gain

Therefore Trafton will report Unrealized gain of the amount of $25,000 on its 2021 income statement

Using standard costs can make management planning more difficult. weakens management control. does not help in setting prices. promotes greater economy.

Answers

Answer:

promotes greater economy.

Explanation:

The standard cost is the predicted cost that is used for manufacturing the product. It involves direct material cost, direct labor cost, and manufacturing cost. Instead of using the actual cost of the above costing use the expected or standard cost so that the company could known about the variances that lies between the actual cost and the standard cost

Therefore by using the standard cost it promotes the greater economy

Hence, the last option is correct

A product line is a group of products that are physically similar or are intended for a similar market. What is the best example of a product line?

Answers

Explanation:

A product line can be defined as a strategy that a company uses to produce similar products but that meets different needs of different audiences. The advantage of this strategy is to achieve a greater market share and increase positioning and strengthen a brand in the market.

An example of a product line is a chocolate brand, Lindt for example, which has several types of chocolate, such as milk, white, dark, diet, etc.

On September 1, 20X1, Four Brothers Company pays $48,000 cash for six months of rent in advance. The balance of the prepaid rent account on December 31, after all adjusting entries, is:

Answers

Answer:

$12,000

Explanation:

the journal entry to record the payment of prepaid rent is:

September 1, 20x1, prepaid rent

Dr Prepaid rent 48,000

    Cr Cash 48,000

The adjusting entry to record rent expense on December 31, 20x1 should be:

December 31, 20x1, rent expense

Dr Rent expense 32,000

    Cr Prepaid rent 32,000

Rent expense = ($48,000 / 6) x 4 months = $32,000

the ending balance of the prepaid rent account is $12,000

You added an extra $100 to your expense statement and Sara added an extra $1000 to her expense statement. If you believe both of you are equally wrong (this does violate company policy), what is your level of values maturity?

Answers

Answer:

The answer is "The Second Level of maturity".

Explanation:

In every organization, the second level of maturity is the component of project development, which would be more generally accepted. Throughout the sector, many works are often managed, although operational experts.  

It will involve for instance in its division, that may have hired some managers on this particular job role or the responsibility to execute major tasks.  It is also another type of initiative to develop good business for wide project management.

Tim, who works for Peachtree Realty, referred a buyer to a broker who works for Pinetop Realty. The referring agent is to receive 25%of buyer side commission when the transaction closes. The buyer purchased a $350,000 home, and the 7% commission was split as follows: listing brokerage, 2%; listing agent, 2%; buyer's brokerage, 1.5%; buyer's agent, 1.5%. How much was the referring agent paid

Answers

Answer:

$1,312.50

Explanation:

Calculation for How much was the referring agent paid

First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home

Using this formula

Buyer agent amount =Buyer's agent percentage× Home purchased amount

Let plug in the formula

Buyer agent amount=1.5%×$350,000

Buyer agent amount=$5,250

The last step is to find How much was the referring agent paid

Using this formula

Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission

Let plug in the formula

Amount referring agent paid=$5,250×25%

Amount referring agent paid=$1,312.50

Therefore the amount that the referring agent paid will be $1,312.50

When does the elasticity of supply of commodity called equal to unity?

Answers

Answer:

When a percentage change in price leads to the same percentage change in the quantity supplied. This means that supply is unit elastic

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

Price elasticity of supply = percentage change in quantity supplied / percentage change in price

Supply is unit elastic if a small change in price has an equal and proportionate effect on quantity supplied.

For example, a 20% increase in price leads to 20% increase in the quantity supplied

Elasticity of supply = 20% / 20% = 1

write and submit a 100-word summary or more, answer to the following essential question: "How can I improve my human capital and prepare for my dream job/career?" Include all of the following terms in your response: career, human capital, hard skills, job, postsecondary education, soft skills, and training. Use the "RAP Method" to answer the essay. This means you should (1) restate the essential question, (2) answer the essential question, and (3) prove or support your answer with specific information or details.

Answers

Answer:

How can you improve your human capital and prepare for your dream job/career? Don't worry and follow following steps:

(1) Get more education

(2) Get more experience

(3) Automate your finances

(4) Explore beyond your industry

(5) Get involved

(6) Improve your public speaking and presenting skills

(7) Cultivate your human network

(8) Publish your thoughts

The management of Won League Lotteries was planning to shut down one of its offices. This shutdown was going to result in layoffs, and the employees were not happy. The employees stopped picking up client calls and started leaving work before completing their eight-hour shifts. In the context of scientific management, this behavior of the employees is known as _____.

Answers

Answer:

Soldiering

Explanation:

Since in the question it is mentioned that the Won League Lotteries plans to close down one of its offices due to which the employers are sad that results in not picking up the customer calls, not spend full-time hours as prescribed

So this is a case of soldiering in the viewpoint of scientific management and these employees behavior represents the soldiering case and the same is to be considered

"Under FINRA rules, maximum underwriter's compensation for selling direct participation programs is generally limited to:"

Answers

Answer:

10%

Explanation:

According to Financial Industry Regulatory Authority, FINRA, a private corporation that operates as a self-regulatory organization, have suggested that, in order to have modest and reasonable offerings for underwriters, typically the maximum spread that can be taken by underwriters in limited partnership offerings is 10% of the purchase price.

Hence, the correct answer in this situation is 10%

Japan, with a high population density and a large number of urban centers that grew up before the automobile, has a retail system with many small stores serving local neighborhoods and to which people frequently walk. However, none of these stores has a major share of the market. According to this information, which kind of a system does Japan have

Answers

Answer:

Fragmented Retail system

Explanation:

A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.

This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.

From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.

Cheers

In year 1 the CPI is 174, and in year 2 the CPI is 190. If Sarah's salary was $49,800 in year 1, what salary in year 2 would cause her to exactly "keep up with inflation"

Answers

Answer:

Salary in year 2 = $54,379.31

Explanation:

The Consumer price index is the weighted average of the cost of basket of good of goods and services consumed by a typical consumer in an economy. It is used to measure the rate of inflation rate.

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.  

So we can determine the salary in the  year  2 as follows:  

2006 Salary in the base year terms=

CPI in the current year 2/CPI base year 1 × salary in the current year

190/174× 49,800 = 54,379.31

Salary in year 2 = $54,379.31

Money available to a household over and above what is required to have a comfortable standard of living is called ________.

Answers

Answer:

Discretionary income

Explanation:

Discretionary income is what is left of a person's income for spending, investing, or saving after paying taxes and necessities.

An individual who lacks self-esteem and questions his or her self-worth is more likely to absorb a leader's direction rather than establish and individual way of leading or thinking.

a. True
b. False

Answers

Answer: True

Explanation:

Self-esteem describes th self worth of an individual. Someone who has a self esteem believes in himself or herself and likes himself or herself.

It should be noted that an individual who lacks self-esteem and questions his or her self-worth is more likely to absorb a leader's direction rather than establish and individual way of leading or thinking. This I because the person doesn't believe in himself or herself and is afraid to do things on his own.

Heather is American and works for a U.S.-based company in Brazil. It appears the company has made a(n) ______ staffing choice.

Answers

Answer:

ethnocentric

Explanation:

A choice of ethnocentric staff can be defined as an approach in which an organization chooses to hire a team of staff of the same nationality as the host company, which guarantees several advantages and also some disadvantages.

A significant advantage is that having employees of the same nationality as the headquarters company, ensures that there is greater cohesion between culture and language, which guarantees an advantage in reducing barriers that may negatively affect the flow of organizational operations.

Many businesses have a(n) __________, which is a password-protected network that uses web-based technologies for employee collaboration and productivity. Select one: a. firewall b. intranet c. internet d. social network

Answers

Answer:

b. intranet

Explanation:

An intranet is basically a computer network that cannot be accessed by the general public. Generally we think of intranets as local networks that are restricted to only a certain group of users, but some intranets are national or even international. The pentagon's intranet is accessed from all over the world.

The difference with the internet, is that anyone can access the internet, while an intranet is used by specific people.  

Don Jacobson runs a successful wholesale business that sells equipment to restaurants throughout the Southwest. He is considering purchasing his own fleet of trucks to deliver the equipment instead of relying on a shipper as he is currently doing. This most closely represents a decision about

Answers

Answer:

the best way to distribute his products

Explanation:

This most closely represents a decision about the best way to distribute his products. By considering buying his own trucks he is taking full responsibility of the distribution aspect of his company, meaning how he will get the final products to the consumers. Buying his own trucks also allows him to save money in the long run by not having to pay a third party company to handle these tasks.

____________ means when a company is paying more attention to the specific product than to the benefits and experiences produced for customers

Answers

Answer:

Marketing myopia

Explanation:

Marketing myopia is when a company focus solely on their products rather than the value or long term benefits those products would offer. The idea about marketing myopia is that businesses, firms would perform better when they exert more efforts on the value to be derived from their products rather than just selling them.

The longterm goals that should be focused on in marketing myopia are customer satisfaction, product quality etc. An example of marketing myopia is when a firm perceive itself to be the sole producer of certain product hence decided not to invest and make further research on how to improve the product .

The act that reduced the tax on British tea in order to give it an unfair advantage over tea imported from other countries was the

Answers

Answer:

Tea Act.

Explanation:

The act that reduced the tax on British tea in order to give it an unfair advantage over tea imported from other countries was the Tea Act.

The Tea Act was passed by the British parliament on the 10th of May, 1773. The act granted the British tea company a monopoly on the importation of tea to the American colonies, as well as eliminated the customs duty on British tea and permitted its direct export to America.

According to Municipal Securities Rulemaking Board (MSRB) rules, if a municipal securities broker-dealer receives an advisory fee from an issuer, it must notify, in writing, any of its customers purchasing bonds issued by that municipality of

Answers

Answer:

a)

Explanation:

The notice would be of any advisory relationship existing between itself and the issuing municipality. This is because if a broker or dealer has had any advisory relationship with a municipality it is an enforced requirement of the MSRB rules that they disclose all of this information to any and all broker/dealer clients who are trying to purchase securities/bonds that have been officially issued by the municipality as in this scenario.

Describe three steps to take that will sharply reduce the number of laboratory accidents

Answers

Answer:

1. The experiments should be clear in mind and well understood before coming to lab, for this the experiments should be well read.

2. Take proper precautions when working in the lab as, no insane acts shall be performed also due care with the use of apparatus and instruments in the lab shall be taken care of.

3. Even in some imaginary or worst case if help is required because of any incident that took place unwillingly and might lead to some loss, then you should be able to ask for help, also know the persons from whom you are supposed to seek help.

Provider ______ is the difference between company understanding of customer expectations and the development of customer-driven service designs and standards.

Answers

Answer: Gap 1

Explanation:

The Gap model is used to better understand the problems involved in delivering superior services to customers which can then be overcome for better customer service.

There are 4 gaps and the relevant one here is Gap 1 which is the Listening Gap. Gap 1 is the difference between company understanding of customer expectations and the development of customer-driven service designs and standards.

This Gap is very important to note because the company cannot deliver to its customers effectively if it does not understand what they want in the first place.

Under GASB standards, financial information useful for assessing operational accountability is primarily reported in which financial statements? Government-wide Financial Statements Fund Financial Statements a. No Yes b. Yes No c. Yes Yes d. No No

Answers

Answer: b. Yes; No

Explanation:

The Government Accounting Standards Board (GASB) is simply a non-governmental organization which is private that helps in the creation of accounting reporting standards, for both states in the United States and the local governments.

Under GASB standards, financial information useful for assessing operational accountability is primarily reported in the Government wide financial statements and not the Fund Financial statements.

Which of the following is not true of a corporation? a. It may buy, own, and sell property. b. It may sue and be sued. c. The acts of its owners bind the corporation. d. It may enter into binding legal contracts in its own name.

Answers

Answer:

C. The acts of its owners bind the corporation.

Explanation:

Corporation in management can described as a group of an organization, this could be a company that carry out some specific role and are legally formed. Corporation may be formed because they want to be making gains or otherwise however, they posses their shareholders. It should be noted that a corporation may buy, own, and sell property, It may sue and be sued.

Therefore, from the question all the given options are true about corporation expect ""The acts of its owners bind the corporation. d. It may enter into binding legal contracts in its own name"".

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