Which of the following correctly describes a difference between securities dealers and securities brokers?
A :
Dealers hold inventories of securities, whereas brokers do not.
B :
Dealers are paid by buyers, whereas brokers are paid by sellers.
C :
Brokers hold inventories of securities, whereas dealers do not.
D :
Brokers are paid by buyers, whereas dealers are paid by sellers.
Answers
Answer: The answer is A
Explanation:
Brokers are intermediaries and dealers hold inventory
Related Questions
What is the total amount of Five Below's Liabilities plus Stockholders' Equity in the 2021 fiscal year?
What is the total amount of Five Below's Liabilities plus Stockholders' Equity in the 2021 fiscal year?
$2,880,460,000
$1,120,284,000
$2,880,460
$2,314,770,000
$1,760,176,000
Answers
$2,880,460,000 is the total amount of Five Below's Liabilities plus Stockholders' Equity in the 2021 fiscal year .
What is Current liabilities ?A company's obligations or debts that are due within a year or the normal operating cycle are referred to as current liabilities. In addition, a current asset—either cash or a new current liability—is used to settle current liabilities.
On a company's Balance Sheet, current liabilities include accounts payable, accrued liabilities, short-term debt, and other similar debts.
Notes Payable, Accounts Payable, Short-Term Loans, Accrued Expenses, Unearned Revenue, Current Portion of Long-Term Debts, and Other Short-Term Debt are all considered current liabilities.
As current liabilities provides us with a general picture of your company's short-term financial standing and is useful for working capital expenditure planning. A healthy business is typically one with fewer current liabilities than current assets.
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Splitter Corporation had total sales in the current year of $750,000 and credit sales of $650,000. The Accounts Receivable balance was $450,000 on the balance sheet date and the Allowance for Doubtful Accounts has a credit balance of $10,000 before adjusting entries. Bad debt expense is estimated as 2% of credit sales. The adjusting entry to record estimated bad debt expense would include a
Answers
Answer:
$13,000
Explanation:
Given the above information, the adjusting entry to record estimated bad debt expense includes
= Credit sales × Estimated bad debt expense of credit sales
Given that
Credit sales = $650,000
Estimated bad debt of credit sales = 2%
= $650,000 × 2%
= $13,000
Therefore, the adjusting entry to record estimated bad debt expense includes $13,000
a. Các khoản tiền phát sinh ở cuối mỗi năm là 680 triệu đồng trong thời kỳ 8 năm với lãi suất 6%/năm, ghép lãi 6 tháng/1lần, tại thời điểm cuối năm thứ 8.
Answers
Explanation:
English plz I don't understand
Vulcan, Inc., has 7.3 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 9.3 percent, what is the current bond price?
Answers
The current bond price of Vulcan Inc. given the coupon payments and par value is $900.35.
What is the current bond price?The current bond price can be found by discounting the coupon payments of the bond and the par value of the bond with the yield to maturity of the bond.
Coupon payments = percent coupon x par price
7.3% x 1000
0.073 x 1000 = $73
Current price of the bond = 73 / (1.093) + 73 / (1.093²) + 73 / (1.093³) + 73 / (1.093^4) + 73 / (1.093^5) + 73 / (1.093^6) + 73 / (1.093^7) + 1000 / (1.093^7) = $900.35
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The Government of Ghana has initiated severally policies aimed at digitalizing the economy. Over the past
decade, the government has initiated policies such as the e-payslip to curb ghost workers, the construction of
the Accra digital centre, the introduction of Ghana.gov to facilitate online payments such as filling taxes among
others and the QR code system. However, the patronage of such platforms and systems has not been
encouraging. In an attempt to encourage adoption and frequent usage of the online platforms, the Government
of Ghana wishes to understand the reasons Ghanaians fail to fully patronize these platforms. Your friend who
works with the ministry of communication recommends you as the best consultant for the project. As a
consultant, you are expected to determine how the age of citizens, level of education, gender, income, and rural
and urban settlement affect patronage of digital platforms. As the consultant:
a. Formulate a research topic and state the dependent and independent variables.
b. State the general objective and two specific objectives for this study.
Answers
Answer:
3x3+4-4hrhrbrbrbbrbbdbdbdbbrbr
You are 20 years old and have completed your BBA and want to pursue further education but you don’t want to take money from your father. Your plan is to start working and earn enough money so that you can finance your degree on your own and get yourself enrolled in five years’ time. You estimate that the annual cost of doing an MBA 5 years from today will be PKR 400,000 and the program will be two years long. You will need the money at the beginning your program so that you are not worried about how to clear your dues during your studies. Luckily you go for a job interview and they hire you and you start working at a salary of PKR 25,000. So you decide that 50% you will deposit in a saving account at a 10% rate with monthly compounding for your further studies and the remaining amount you will use for your daily expenses.
1. Will you be able to meet your goal at this current saving rate?
2. What percentage of your salary should you save if you want to have exactly your university expenses amount?
3. How would your answer to part 1 change if the saving account rate changed to 5%?Comment on your answer.
4. If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose? Explain your answer.
Answers
Answer:
1. Will you be able to meet your goal at this current saving rate?
yes, you will even have some spare moneyannual cost of MBA = 400,000 x 2 years = 800,000
monthly salary = 25,000 and you will deposit 12,500
ordinary annuity, 0.8333%, 59 periods (5 years - 1 month) = 75.80535
the future value of your account = 12,500 x 75.80535 = 947,566.88 which is more than the cost of the MBA
2. What percentage of your salary should you save if you want to have exactly your university expenses amount?
42.2138%800,000 / 75.80535 = 10,553.34
10,553.34 / 25,000 = 0.422138 = 42.2138%
3. How would your answer to part 1 change if the saving account rate changed to 5%?
actually you still have more money than what you need even if the interest rate falls to 5%, so you can still take your MBAmonthly salary = 25,000 and you will deposit 12,500
ordinary annuity, 0.41666%, 59 periods (5 years - 1 month) = 66.72805
the future value of your account = 12,500 x 66.72805 = 834,100.63 which is more than the cost of the MBA
4. If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose?
I would choose the 10.5% semiannual compounding because the effective interest rate is higher.the effective interest rate of investing at 10% compounded monthly = (1 + 10%/12)¹² - 1 = 10.47%
the effective interest rate of investing at 10.5% compounded semiannually = (1 + 10.5%/2)² - 1 = 10.77%
Following are selected accounts for Staples, Inc., for the fiscal year ended January 30, 2016 (a) Indicate whether each account appears on the balance sheet (B) or income statement (I). Staples, Inc. ($ millions) Amount Classification Sales $21,059 Answer I Accumulated depreciation 4,375 Answer B Depreciation expense 388 Answer I Retained earnings 6,900 Answer I Net income 379 Answer I Property, plant & equipment, net 1,586 Answer B Selling, general and admin expense 4,600 Answer I Accounts receivable 1,899 Answer B Total liabilities 4,788 Answer B Stockholders' equity 5,384 Answer B (b) Using the data, compute total assets and total expenses. Total Assets Answer Total Expenses Answer
Answers
Answer:
Staples, Inc
a) Staples, Inc. ($ millions) Amount Classification
Income State Balance Sheet
Sales $21,059 I
Accumulated depreciation 4,375 B
Depreciation expense 388 I
Retained earnings 6,900 B
Net income 379 I
Property, plant & equipment, net 1,586 B
Selling, general & admin expense 4,600 I
Accounts receivable 1,899 B
Total liabilities 4,788 B
Stockholders' equity 5,384 B
bi) Total Assets:
Property, plant & equipment, net $1,586
Accounts receivable $1,899
Total Assets = $3,485
bii) Total Expenses
Depreciation expense $388
Selling, general & admin expense $4,600
Total expenses = $4,988
Explanation:
Items that appear in the balance sheet are permanent accounts, whose balances are carried forward from one financial period to another. On the other hand, items that appear in the income statement are temporary accounts or periodic accounts, whose balances are closed to the period's income summary. These accounts are not carried forward to the next accounting period.
Identify the type of bond based on each description given below:
a. These bonds are collateralized securities with first claims in the event of bankruptcy.
b. These bonds are not backed by any physical collateral.
c. They are backed by the reputation and creditworthiness of the issuing company.
d. These bonds are considered the riskiest of all corporate bonds and thus offer the highest interest rates.
Answers
Answer:
a. These bonds are collateralized securities with first claims in the event of bankruptcy. SENIOR MORTGAGE BONDS.
A senior mortgage bond is one whose collateral is one or more properties. Mortgage bonds generally have priority over other types of bonds and a senior mortgage bond has priority over other mortgage bonds.
b. These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company. DEBENTURES
Debentures have no physical collateral backing them and are only back by the reputation of the company. This therefore makes them a bit high risk and so their rates are higher.
d. These bonds are considered the riskiest of all corporate bonds and thus offer the highest interest rates. SUBORDINATED DEBENTURES.
Debentures have higher than normal rates so subordinated debentures will be quite risky. They command the highest rates as a result because in the event of a default, their claim on assets is last.
. It is important to conserve fossil fuels because
Answers
Answer:
Non-renewable resources (energy).
Explanation:
Renewable energy is also known as clean energy and it can be defined as a type of energy that are generated through natural sources or technology-based processes that are replenished constantly. Some examples of these natural sources are water (hydropower), wind (wind energy), sun (solar power), geothermal, biomass, waves etc.
Basically, a renewable energy source is sustainable and as such can not be exhausted.
On the other hand, a non-renewable energy refers to an energy source such as fossil fuels that takes a very long time to be created or their creation happened long ago and isn't likely to happen again e.g uranium. Fossil fuels, such as coal, oil, and natural gas, come from deep inside the Earth where they formed over millions of years ago.
Hence, it is very important to conserve fossil fuels because they are non-renewable resources (energy), unstainable and can be exhausted.
How does the use of these skills help organizations to outperform others in their industry?
Assess how the four functions of management (e.g., planning, organizing, leading, and controlling) are effective in helping organizations meet their goals.
Answers
The skills to relate to coworkers and deal well with subordinates provides for the smooth flow of business operations inside the organization. For any organization to prosper and accomplish its goals and objectives, effective management skills are essential.
What are the importance of skills?Leadership qualities contribute to improving an organization's performance. The forerunners of new ideas that can help the organization come up with fresh ones to boost productivity are managers who are strong leaders.
It should be noted that the four functions include:
Planning has to do wifh the planning of decision making.
Organizing has to do with appropriate coordination between planning and resources.
Leading involves motivating employees to achieve organizational goals.
Controlling is simply elated to monitoring and evaluation.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
Answers
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not
Answers
While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.
It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.
Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.
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What is a county and how is it governed?
Answers
A county is a geographical and political division of a state. (Example India and its 29 states)
What does Geographical mean?
Geographical science is the study of the earth's physical features and atmosphere, such as the distribution of plants, animals, landforms, bodies of water, climates, soils, and natural resources. It is used to describe a location's physical characteristics, such as its location, size, shape, climate, and terrain.
How a country is governed ?
The rule of law governs a country. This means that all citizens, regardless of background, must abide by the country's laws. The government of a country is in charge of making, enforcing, and upholding laws. The government is also accountable to its citizens for providing services such as education, health care, and infrastructure. These services may be provided by the central government, state governments, or local governments, depending on the country. The government may also levy taxes on its citizens in order to fund these services. In a democracy, citizens have the right to vote for their representatives, who form the government and make decisions on thier behalf.
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James has a large farm. He often gets together with a nearby neighbor who raises chickens. When they meet that trade vegetables for chicken and eggs. No money changes hands. They have made trades like this since their parents own the land and have continued the trades. What type of economy is being described?
Answers
Can someone help me?
Answers
yeah with what do you need help with
you will choose one federal agency to discuss in an informative essay. You should do outside research and write an essay on the structure of the agency and it’s function
Answers
The Department of Homeland Security (DHS) oversees the movement of individuals and merchandise across the United States as well as the protection of the national frontiers.
What is the role of department of Homeland Security?To protect the United States from potential terrorist acts and some other natural calamities, the Department of Homeland Security (DHS) is in charge.
All DHS Units immediately report to the Office of the Secretary under DHS organizational structure. The Secretary and Deputy Secretary, this same Chief of Staff, the Counselors, alongside their separate staffs make up the Office of the Secretary. There is no Component to which this staff is attached.
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The following is the ending balances of accounts at December 31, 2021, for the Weismuller Publishing Company.
Account Title Debits Credits
Cash $91,000
Accounts receivable 186,000
Inventory 298,000
Prepaid expenses 174,000
Equipment 346,000
Accumulated depreciation $123,000
Investments 166,000
Accounts payable 73,000
Interest payable 33,000
Deferred revenue 93,000
Income taxes payable 43,000
Notes payable 265,000
Allowance for uncollectible accounts 29,000
Common stock 413,000
Retained earnings 189,000
Totals $1,261,000 $1,261,000
Additional information:
1. Prepaid expenses include $146,000 paid on December 31, 2021, for a two-year lease on the building that houses both the administrative offices and the manufacturing facility.
2. Investments include $43,000 in Treasury bills purchased on November 30, 2021. The bills mature on January 30, 2022. The remaining $123,000 is an investment in equity securities that the company intends to sell in the next year.
3. Deferred revenue represents customer prepayments for magazine subscriptions. Subscriptions are for periods of one year or less.
4. The notes payable account consists of the following:
a. a $53,000 note due in six months.
b. a $134,000 note due in six years.
c. a $78,000 note due in three annual installments of $26,000 each, with the next installment due August 31, 2022. The common stock account represents 413,000 shares of no par value common stock issued and outstanding. The corporation has 826,000 shares authorized.
Required:
Prepare a classified balanced sheet for the Weismuller Publishing Company at December 31, 2021.
Answers
Answer:
A balance sheet for Weismuller publishing for December 31 2021 was prepared and recorded in the explanation section below
Explanation:
Solution
COMPANY: WEISMULLER PUBLISHING Balance Sheet At December 31 2021 Assets
Current assets:
Cash and cash equivalents ($91,000 + $43000) $134000
Short term investments ($166,000 - $43000) $123000
The net accounts receivable ($186,000 =$29,000) $175,000
Inventory $298,000
Prepaid expense [174,000-(14600/2)] $101,000
The total current assets $813,000
Note: Kindly find an attached copy of the [art of the complete solution to this question below
The least expensive type of marketing research method is a(n)
Answers
2. Father Michael’s Wraps (pitas, wraps, flat breads) is experiencing turnover in the range of 100 percent. Most of this occurs in the first 18 months of employment. How would you determine if this turnover rate is high? How would you justify to your boss that lower turnover is strategically important? What would you look at in both pay and other forms of rewards to identify ways of reducing turnover? Justify your choices based on your reading of this chapter.
Answers
Answer:
Explanation:
To determine if the turnover rate at Father Michael’s Wraps is high, it is important to compare it to the average turnover rate for restaurants of the same size, type, and geographic area. Additionally, it is important to compare the turnover rate to the average turnover in the industry as a whole. If the turnover rate is significantly higher than the industry average, it is likely high.
To justify to your boss that lower turnover is strategically important, it is important to explain the potential costs associated with high turnover. These costs include the cost of recruiting, hiring, and training new employees, as well as the cost of lost productivity and the disruption to customer service. Additionally, it is important to emphasize that high turnover can have a negative impact on employee morale and the company’s reputation.
To identify ways of reducing turnover, it is important to look at both pay and other forms of rewards. In regards to pay, it is important to ensure that employees are paid competitive wages in comparison to similar positions in the area. Additionally, it is important to look at other forms of rewards, such as flexible scheduling, job enrichment, and recognition programs. These forms of rewards can help to boost employee satisfaction and reduce turnover.
Justifying these choices based on the reading of this chapter requires understanding the literature on employee turnover. According to the literature, competitive wages, flexible scheduling, job enrichment, and recognition programs are all effective tools for reducing employee turnover. Additionally, research has shown that competitive wages and rewards can lead to higher levels of employee satisfaction and engagement, which can lead to improved productivity and customer service. Additionally, providing rewards and recognition can help to create a positive company culture and help to reduce turnover.
how many board of directors members does apple have?
Answers
Answer:
seven members
Explanation:
Answer:
At seven, Apple Inc. (NASDAQ: AAPL) has a relatively small number of directors for a huge public company. The board is particularly stable, too. Besides CEO Tim Cook, four other directors have been members since before Steve Jobs died in October 2011.
Explanation:
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
Answers
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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I have to earn a bachelor's degree before I can begin a master's degree program.
O True
O False
Answers
Answer:
true
Explanation:
true because it's true
Answer:
true
Explanation:
fact
Do you think D&D would be better selling through a wholesaler and not directly to retailers? Justify your answer.
Answers
Answer: Selling Dungeons & Dragons (D&D) through a wholesaler or directly to retailers is a decision that involves several considerations. One aspect to weigh is the distribution network. Wholesalers possess established networks that efficiently reach a broad range of retailers, enabling wider market reach and faster availability of D&D products. They have existing relationships and understand the logistics of distribution. This option can provide cost-efficiency through bulk distribution and economies of scale, benefiting both the manufacturer and retailers.
On the other hand, selling directly to retailers allows for direct communication and relationship-building between the D&D brand and retailers. This approach fosters a deeper understanding of market demands, provides direct feedback, and enables customization to meet specific retailer needs. Direct sales also afford greater control over brand presentation, pricing strategies, and consistent brand representation. This level of control and personalized support can be particularly important for a brand like D&D, which has a dedicated and passionate fan base. Moreover, direct sales allow for flexibility and responsiveness to market trends, enabling quick adaptation, the introduction of new products, and direct response to retailer requests and feedback.
In summary, the choice between selling through a wholesaler or directly to retailers depends on factors such as distribution efficiency, cost considerations, retailer relationships, brand control, and market responsiveness. Evaluating these factors will help D&D's parent company, Wizards of the Coast, determine which approach aligns best with their overall business strategy and objectives.
When five vehicles are used for a single business, what expense method must be applied? e Different methods of claiming vehicle expenses can be used for each vehicle. e The actual expense method must be used for all vehicles. e The standard mileage rate must be used for all vehicles. e The second and third vehicles must use the actual expense method.
Answers
When five vehicles are used for a single business, the expense method that must be applied is A. The actual expense method must be used for all vehicles
What is the expense method?The actual expense method is a method accepted by the IRS for deducting costs associated with driving a car for work-related purposes from income on a tax return. The advance payment of an expense is recorded using an expense account when using the expense method. Office supply expenses, rent expenses, insurance expenses, and other expenses are a few examples of expense accounts.
If the company operates more than 4 vehicles, such as in a fleet operation, the actual expense method must be applied. However, expenses can be deducted by using the standard mileage allowance if the vehicles are not used at the same time.
In conclusion, the correct option is A.
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3.
Red reflectors on lane lines always mean
A. you are traveling the wrong way
B. a fire hydrant is nearby
C. you are traveling in the correct direction
D. you may not change lanes
Answers
Answer:
The answer is A: You are traveling the wrong way.
Explanation:
The reasoning for this is simple. Red reflectors normally mean that you are going the wrong direction up a ramp and are accompanied by a Wrong Way sign and sometimes a Do Not Enter sign.
Please help!!!!!!!!!
QUESTION 10 of 10: You have leased production space that is 275 ft x 200 ft. The property owner charges $5 per square foot to calculate the annual cost. How much is the annual cost? O a) $1,375 O b) $55,000 c) $275,000 d) $460,000
Answers
Answer:
) $275,000
Explanation:
The charge per square foot is $5.
The total square feet leased
=275ft x 200ft
=55,000 square ft.
The total cost of the annual rent is
=55,000 x $5
=$275,000
Answer: $275,000
Explanation: This is the correct answer.
what can prevent dollar general robbery prevention?
Answers
Additionally, the business employs loss prevention personnel who "will advise on security measures, investigate instances of theft, and coordinate with Dollar General management and government agencies to ensure that all loss prevention tactics are appropriate and legal," according to the website of a consumer advocacy group.
What is the company's strategy?The long history of profitable growth at Dollar General is based on a dedication to a comparatively straightforward business model: meeting a wide range of customers' basic daily and household needs, supplemented with a variety of general merchandise items at consistently low prices in conveniently located, small-box stores.
Customers are visually assured of their protection by security officers, and they act as a deterrent to bank robbers. 3) Using security cameras both inside and outside the bank to catch potential criminals and try to identify them.
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Economic growth results in an improved what?
Answers
Economic growth results in an better standard of living.
What is Economic growth?A country's economy is said to be growing when the value of its goods and services rises, generating more revenue for companies. Consequently, stock prices increase. This provides businesses with money to expand and recruit more workers. Incomes increase as more jobs are created.
Real GDP growth, or the value of national output, income, and expenditure, is a measure of economic growth. The main advantage of economic growth is a rise in living standards, which translates into higher real wages and the capacity to invest more money in sectors like health care and education.
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Washtenaw Corporation uses a job-order costing system. The following data are for last year: Estimated Direct Labor Hours 14,000 Estimated Machine Hours 12,000 Estimated Manufacturing Overhead Cost $42,600 Actual Direct Labor Hours 11,000 Actual Machine Hours 13,000 Actual Manufacturing Overhead Cost $39,000 Washtenaw applies overhead using a predetermined rate based on direct labor-hours. What predetermined overhead rate was used last year
Answers
Answer:
$3.25 per direct labor-hour
Explanation:
Calculation for predetermined overhead rate was used last year
Predetermined overhead rate = $39,000 ÷ 12,000 direct labor-hours
Predetermined overhead rate= $3.25 per direct labor-hour
Therefore the predetermined overhead rate was used last year was $3.25 per direct labor-hour
Which of the following has the greatest impact on your cash flow?