An elderly client is visiting an Investment Adviser Representative (IAR) in the IA's office. He tells the IAR that he is going to have major surgery and is concerned about the safety of his stock certificates that he keeps at home in a small fireproof box. The Investment Adviser Representative wishes to help the client out. Which of the following should the IAR NOT do?
A. Drive the client to his house to retrieve the stock certificates and then take him to the bank used by the Investment Adviser where the client rents a safe deposit box in the client's name and deposits the securities
B. Ask the client for the name of his attorney and then call him to ask for his opinion of what should be done in this situation
C. Drive the client to his house to retrieve the stock certificates and then take him to the Investment Adviser's bank and place the certificates in the Investment Adviser's safety deposit box, making sure to write down all of the certificate numbers and other pertinent information
D. Drive the client to his house to retrieve the stock certificates and then take him to his bank where the client rents an existing safe deposit box and deposit the securities

One advantage of adopting the residual dividend policy is that this makes it easier for corporations to satisfy their stockholders in the sense of modigliani and miller's dividend clientele theory.

The number one gain of a residual dividend coverage is that it lets in control to make investments within the agency's development, thereby maximizing long time growth. however, if control's choices are suboptimal, this use of the funds will be destructive to shareholders.

Residual Dividend concept. A idea that a agency's dividend fee need to equal the coins left after financing all of the investments which have superb net gift values. clients impact. The belief that people and institutions that need modern-day profits will invest in corporations that have high dividend payouts.

A residual dividend coverage typically requires fewer new inventory problems and lower flotation charges. however, a variable dividend policy might also ship conflicting signals to investors. It also represents an extended degree of threat for traders, as dividend earnings remains uncertain.

Learn more about Residual Dividend concept here

https://brainly.com/question/19338996

#SPJ4

Taylor should recognize revenue in 2021 in the amount of $600

According to the revenue recognition principle, businesses should record revenues when the client is considered to have received the good or service rather than when payment is actually received. It can take longer and more in-depth investigation than one would think to determine what counts as a transaction.

As a result, once a contract has been established, a reporting entity must often recognize revenue for any promised products or services that have already been provided to the client, i.e., revenue is recognized on a cumulative catch-up basis.

Given:

Amount = Agreed amount to pay × Number of months/ Total months

where

The agreed amount to pay is $3,600

The number of months is 2 months (that is November and December)

The total months in a year is 12

Putting the values above:

Amount = $3,600 × 2/12

Amount = $600

To learn more about revenue, visit:

https://brainly.com/question/21272193

#SPJ1

The correct question is:

On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, with the contract to start immediately. King agreed to pay Taylor $3,600 for the one-year period. Taylor is confident that King will pay that amount, but payment is not scheduled to occur until 2022. Taylor should recognize revenue in 2021 in the amount of

Multiple Choice

$1,800.

$0.

$600.

$3,600.

AS per the given financial transactions, the net purchase amount is $21,560

The term transactions refers the a monetary activity that is recorded as an entry in accounting records and has a monetary effect on the financial statements.

Here we have given that autumn company began the month of October with inventory of $15,000.

And we need to find net purchase amount.

While we looking into the given question, we have identified that  the company purchased inventory on account for $22,000 on October 12.

And we also know that during October inventory costing $18,000 was sold on account for $28,000 and it was determined that inventory on hand at the end of October cost $19,060.

Therefore, hereby using the net method, we have calculated the value of  Purchase discount as

=> Gross purchases × Purchase discount rate

Apply the values on the formula, then we get

=> 22,000 × 2/100

=> $440

According to the purchase discount the net purchases is calculated as,

=> Gross purchases - Purchase discount

=>  $22,000 - $440

=> $21,560

To know more about transaction here.

https://brainly.com/question/24730931

#SPJ4

Here the Boston printing firm wants to determine the sequence of processing according to spt rules. Jobs were said to be assigned a letter in the order they arrived.

The job is said to be with the shortest processing time which processed first. This rule is said to reduce work-in-process inventory, average job completion time, and also the average job lateness by this. However, this rule is useful when the goal is said to reduce job lateness.

Spt rules is said to be a rule which sequences jobs which are to be processed on a resource in the given ascending order of their given processing times.

Hence, this is said to determine the average completion time, and ulitization metric.

To learn more about inventory visit:

https://brainly.com/question/14184995

#SPJ4

The correct answer is true. Free trees is a non-profit organisation.

In contrast to a legal body that works as a corporation with the goal of making a profit for its owners, a non-profit organisation is a legal entity organised and run for a collective, public, or social purpose.

Many organisations, including some political ones, educational institutions, professional associations, religious institutions, social clubs, and consumer cooperatives, are non-profit.

Government approval is required for non-profit organisations to be tax-exempt, however some may also be eligible for tax-deductible donations.

However, an organisation can incorporate as a non-profit organisation even if it does not have tax-exempt status.

Accountability, trustworthiness, honesty, and transparency to everyone who has put their time, money, and faith into the organisation are important characteristics of non-profits.

Accountability for non-profit organisations rests with donors, founders, volunteers, programme participants, and the general public.

To know more about non-profit organisation, visit:-

https://brainly.com/question/291068

#SPJ4

Answer:

The most appropriate procedure in this situation would be regression analysis. Regression analysis is a statistical technique that can be used to identify the relationship between a dependent variable (such as company market share) and one or more independent variables (such as advertising spend, number of sales people, etc.). It can help determine which of the independent variables are contributing to the growth in market share, and to what extent. By contrast, conjoint analysis, cluster analysis, and perceptual mapping are all techniques that are used to analyze consumer preferences and perceptions, rather than to identify relationships between variables.

Explanation:

The rank of three sizes from best to worst buy will be medium, large, and small.

Consider that the company sells the small size is $1 and the large size is 10 ounces. The medium size includes 8 oz. and costs $1.50. The large size is $1.95 while the small size is $5 for 5 oz. The price per ounce for the small, medium, and large sizes is 0.200, 0.188, and 0.195 dollars, respectively. The sizes are listed in order of best to worst buy.

Let the small size's cost be equal to C and its volume equal to V. Therefore, the unit cost for the small size is just cost divided by volume or C/V. The cost of the medium size is 1.5C, which is 50% more expensive than the small size. The large size costs 30% more than the medium size, or (1.5)C (1.3) = 1.95C, and holds twice as much as the small one, or 2V.

To learn more about Company visit: https://brainly.com/question/13103109

#SPJ4

The DBA interacts with the end user by providing data and information support services to the organization's departments. This statement is true.

The DBA serves as the main point of contact for data and users. The DBA establishes and upholds the standards and protocols that programmers and end users must follow while working with the DBMS.

The DBA additionally confirms that end-user and programmer access adheres to the necessary security and quality standards.

The DBA actions shown in the aforementioned graphic point to the requirement for a broad range of abilities. Such abilities are probably distributed across numerous DBAs who work in large organizations.

Small businesses may only have one person with the necessary expertise. Technical and managerial talents can be separated into two categories.

To know more about DBA:

https://brainly.com/question/14510829

#SPJ4

The amount owed on the mortgage after the first payment of $4,500 will be $479,500.

Interest can be considered as a cost of borrowing money.

In a mortgage, the monthly payment covers a portion of the principal plus interest.

Hence,

Monthly installment = portion of the principal + monthly interest

In the given problem, the annual interest is 10%, hence:

Interest per year = 10% x $480,000 = $48,000

Interest per month = $48,000/12 = $4,000

Monthly payment = $4,500

This monthly payment consists of month interest of $4,000. Therefore, the portion of principal paid each month is:

principal paid per month =  $4,500 - $4,000 = $500

The remaining amount owed on the mortgage after the first payment:

= $480,000  - $500 = $479,500.

Learn more about mortgage here:

https://brainly.com/question/28472132

#SPJ4

Budgeted production for product ZZZ during the month is 391,100 units.

Beginning inventory is that the value of a company's inventory at the beginning of an accounting amount. it's additionally the worth of inventory carried over from the tip of the preceding accounting amount. Beginning inventory is that the dollar price of all inventory command by a business at the beginning of an accounting amount, and represents all the products a business will place toward generating revenue.

Ending inventory is that the quantity of inventory a corporation has available at the top of its financial year. it's closely connected with ending inventory value, that is that the quantity of cash spent to induce these merchandise stock.

To learn more about beginning inventory here

brainly.com/question/18761234

#SPJ4

$ 338,640 and  $ 338,640 are Constanza’s realized gain and recognized gain.

Realized gain = (571200-28560)-204000= $  338,640

Recognized gain = 338640-250000 =$  338,640

$250000 is the § 121 exclusion exclusion

Capital gains are "realized" (and a problem to tax) while you promote investments that have increased in value. Capital profits are subject to unique tax costs depending on how long you owned the investment.

An investor will pay $1,000 for several stocks of inventory. two years later, he sells the stocks for $1,200. His found out advantage is the $two hundred distinction among the acquisition price and the sale rate of the inventory. till the investor sells the shares, any advantage is classed as an unrealized benefit.

Learn more about realized gain here:https://brainly.com/question/15407032
#SPJ4

The production budget for product ZZZ during the month is 391,100   units.

The term production budget refers to the budget set by a company for the quantity of a product that will be needed and produced; which related revenue management forecasting, capacity planning, and demand forecasting of a company.

   Particulars                                  Product XXX                     Product ZZZ

a) Sales Units:

    > Region I                                   327,000 units                251,000 units

    > Region II                                  183,000 units                142,000 units

a.1) Total Sales Quantity                 510000 units                  393000 units

b) Opening Inventory                       31,000 units                   17,300 units

c) Ending inventory                          34,800 units                  15,400 units

d) Estimated Production                 513800 units                391,100 units

    {(A.1 + C - B) = D}

Thus Budgeted quantity of production during the period to be produce for product ZZZ is 391,100 Units.

Learn more about production budget refer:

https://brainly.com/question/18803390

#SPJ1

The equilibrium level of the national income for the said economy will be Y=300

What is equilibrium level?

When economic forces are in balance, there is said to be an economic equilibrium. In the absence of outside influences, economic variables essentially hold true to their equilibrium levels. Market equilibrium and economic equilibrium are two different concepts. Economic equilibrium is the set of economic variables (often price and quantity) that the economy is driven toward by standard economic processes like supply and demand. The concept of economic equilibrium can also be used to describe a wide range of elements, including interest rates or overall consumer spending. The point of equilibrium denotes a theoretical state of rest where all economic activities that "should" occur have actually happened, given the initial conditions of all significant economic variables.

To know more about equilibrium level check out:

https://brainly.com/question/517289

#SPJ4  

The Cash Flows from Investing Activities equals to $240.

Under statement of Cash-flow, an investing activities is the section that shows the cash generated or spent relating to investment activities. These activities include the purchases of physical assets, investments in securities, sale of securities or assets etc.

Here, the purchase of used equipment is a cash outflow therefore it is represented in a negative sign while on the other hand sale of investment is cash inflow so the same is presented in a positive sign.

The computation of the cash flows from investing activities is shown below:

Cash flow from investing activities

Particulars                                                    Amount

Purchased of used equipment                    -$240

Sale of investment                                         $480

Cash flow provided by investing activities  $240

Full question "Based on the following information, compute cash flows from investing activities under GAAP. Cash collections from customers $ 880 Purchase of used equipment 240 Depreciation expense 240 Sale of investments 530 Dividends received 120 Interest received 240 Cash Flows from Investing Activities ____________".

Read more about Investing Activities

brainly.com/question/16940322

#SPJ1

An Employee's Management System (EMS) is software designed to handle a company's primary housekeeping functions.

Employee's Management System (EMS) assists businesses in keeping track of all employees and their records. It is used to manage the company through the use of a computerized system.

1. Strategy: To store the employee's data, create a user-defined datatype that will store the employee's information.

2. Creating the Employee's table: The idea behind creating the employee table is to use the array of the above struct datatype to store employee information.

3. Deleting in the record: Because we are storing the data in an array, to delete the data at any index, shift all the data at that index by 1 and delete the last data of the array by decreasing the array size by 1.

4. Searching in the record: To search in the record based on any parameter, traverse the data and if the value parameters match with the record stored at any index, print all the information of that employee.

To learn more about Employee's Management System (EMS), please refer:

https://brainly.com/question/29786491

#SPJ4

As per the given sales, the total traceable fixed costs for the two divisions of corporation last period $105,400.

The term sales in economics is referred as  the activity between two or more individuals, where a seller sells the product and buyer purchase in the exchange of money

Here we have given that Alpha Division and the Delta Division.

And we need to find the total traceable fixed costs for the two divisions of corporation last period.

AS per the given question, we have identified that the Alpha Division has sales of $892,000, variable expenses of $402,300, and traceable fixed expenses of $377,900.

And the Delta Division has sales of $505,000, variable expenses of $321,400, and traceable fixed expenses of $145,800.

Then the total amount of common fixed expenses not traceable to the individual divisions is $105,400.

To know more about Sales here

https://brainly.com/question/17233316

#SPJ4

Bank surplus reserves will grow and the money multiplier will decline when the required reserve ratio is reduced. The necessary reserve ratio for Best National Bank is 10%. This bank might issue new loans totaling $900 if it received a new $1,000 checkable deposit.

The number of reservable liabilities that commercial banks must keep rather than lend out or invest is known as the reserve ratio. The central bank of the nation, in this case, the Federal Reserve in the United States, sets this criterion.

In the absence of additional measures, raising the reserve requirement ratio lowers the number of deposits that can be maintained by a certain level of reserves, lowers the money supply, and rises the cost of credit.

To learn more about the required reserve ratio

https://brainly.com/question/13981670

#SPJ4

A tax on suppliers will shift the supply curve up. This reduces the price received by sellers from PO to P2 and increases the price paid by buyers

Before the tax, the market equilibrium has price PO and quantity gO. A per-unit tax is now imposed on the seller from PO to P1. Quantity is reduced from 00 to Q1. Consumer surplus falls from (a + b + c + d) to 'a' and producer surplus falls from (e + f + g + h) to 'h'. Government revenue is (b + c + e + g) and deadweight loss is (d + f)

To learn more about consumer surplus

https://brainly.com/question/15415230

#SPJ4

This was an illustration of a societal conundrum. The French overseas department and area of guadeloupe is located in the Caribbean.

Martinique is an island that is largely made up of mountains and is generally one large piece of land. Additionally, Guadeloupe has a little more variety. With reality, it is made up of two larger areas, Grande-Terre and Basse-Terre, the first of which is relatively level and covered in fields and the latter of which is hilly and buried in the jungle. The 188 km (117 miles) or'shortest flight' distance between Guadeloupe and Martinique. Guadeloupe to Martinique is 560 miles apart, therefore if you were to fly there, it would take 0.21 hours to reach. A further outpost of France, Guadeloupe, is located roughly 120 kilometers (75 miles) to the north. The Indian name Madiana (which means "Island of Flowers") is most likely where the name Martinique originates.

learn more about  guadeloupe here:

https://brainly.com/question/11084109

#SPJ4

Customer relationship management systems change the focus from managing products to managing A. customers.

purchaser courting management (CRM) is a era for coping with all of your enterprise's relationships and interactions with customers and capacity customers. The purpose is straightforward: improve commercial enterprise relationships to develop your commercial enterprise. A CRM device allow you to perceive and add new leads without difficulty and fast, and categorise them appropriately. by using focusing at the proper leads, income can prioritise the possibilities to be able to close deals, and advertising and marketing can perceive leads that want more nurturing and high them to turn out to be exceptional leads.

The desires of CRM are normally to create a better purchaser revel in — and due to that patron enjoy, to get more sales. it is why it is called CRM (customer courting management) software program, and if you consciousness to your relationships, you will be to your way for your CRM desires.

Learn more about customers here: https://brainly.com/question/26313265

#SPJ4

Disclaimer: The question is incomplete. Please read below to find the missing content.

Customer relationship management systems change the focus from managing products to managing ________.

a. customers

b. quality

c. innovation

d. processes

specialization often occurred rather than generalization as farms became more commercialized, in order to gain the higher expected returns.

Specialization refers to the practice of focusing on producing a particular type of goods or services rather than trying to produce a wide range of goods and services.

This could be an effective strategy for farms operating in more commercialized settings. This allows us to focus our resources and efforts on specific areas of production to increase efficiency and improve the quality of our goods and services.

This can lead to higher expected returns as farms that specialize in a particular region can take advantage of economies of scale and potentially charge higher prices for their goods and services.

Read more about investments at:

brainly.com/question/15061613

#SPJ4

As per the question and the information provided, we can compute the answer as follows:

Working Note:

The cost of goods available for sale and closing inventory during 2012 is prepared below.

Description Date Units Unit Cost total amount

Beginning inventory 1-Jan 400 $3.00 $1,200.00

Purchases 30-Jan 600 $3.20 $1,920.00

1-May 460 $3.50 $1,610.00

Total purchases 1060 $3,530.00

Total cost of goods available for sale

1460 $4,730.00

Total units sales 860

Closing inventory 600

a) There are 1,460 units of commodities for sale, totaling $4,730.

1) Closing inventory according to the average cost method

1,460 items of the offered commodities are for sale.

There are $4,730 worth of things available for purchase.

Average cost per unit = Amount of goods available for sale/Goods available for sale in units

=4,7301,460

=$3.24

Now, since ending inventory is 600 units

Then,

Ending inventory = 600 × $3.24

=$1,944

2. The FIFO method is used to value the ending inventory starting with the most recent purchases.

The final stock is 600 units.

The following purchases will be used to determine the valuation.

1-May - 460 units at the rate $3.50 per unit

30-Jan - 140 units at the rate 3.20 per unit

Now,

Ending inventory = (460 × $3.50) + (140 × $3.20)

= $1,610 + $448

=$2,058

3. In the LIFO technique, the ending inventory is valued from the beginning inventory onward.

The final stock is 600 units.

The following purchases will be used to determine the valuation.

January 1- 400 units at the rate $3.00 per unit

30-Jan - 200 units at the rate 3.20 per unit

Now,

Ending inventory = (400 × $3.00) + (200 × $3.20)

=$1,200 + $640

=$1,840

c)

Particulars Average method FIFO LIFO

Total cost of goods available for sale

$4,730.00    $4,730.00    $4,730.00   

Ending inventory value

$1,944.00 $2,058.00 $1,840.00

Cost of goods sold

$2,786.00 $2,672.00 $2,890.00

1. The cost of goods sold on December 31, 2012, under Average cost is $2,786

2. The cost of goods sold on December 31, 2012, under First-in, first-out is $2,672

3. The cost of goods sold on December 31, 2012, under Last-in, first-out is $2,890

To learn more inventory: https://brainly.com/question/25947903

#SPJ4

Keynesian economists utilize the notion of price stickiness to support their increased government spending and an expanded money supply policies.

The two major tenets of Keynesian economics are as follows. First off, a short-run increase in foreign like a recession is more likely to have aggregate demand as its main cause than aggregate supply. Second, in a downturn in the economy, unemployment may occur as a result of sticky wages and prices.

Arguments against Keynesian Economics

Higher interest rates and financial crowded out result from borrowing. In a downturn, Keynesian economics favored widening the budget deficit. It is asserted that this results in crowding out. The rate of interest on bonds increases to allow a government to spend more.

To know more about Keynesian Economics visit:

https://brainly.com/question/28326030

#SPJ4

Calculate and compare interest rates for various compounding periods using this free compound interest calculator, or use it to learn more about compound interest.

In order to compute compound interest, multiply the principle of the original loan by the annual interest rate multiplied by the number of compound periods minus one. You will then be left with the principal amount of the loan plus compound interest.

A = P(1 + r/n)(tn), where A is the future value, P is the current value or principle amount, r is the rate expressed as a decimal, and n is the number of compounding periods, is the formula for compound interest.

To know more about compound interest visit:-

https://brainly.com/question/14295570

#SPJ4

The task chief on an undertaking zeroed in on fostering another cycle for your association called to design the board. a. identifying, submitting, approving, tracking, and validating changes distinguishes the capabilities this cycle performs right. The CM cycle intends to find and screen unequivocal game plan things (CI), as well as to perceive and record their helpful limits and interdependencies.

What is configuration management?

IT resources and organizations are followed and controlled inside an affiliation using the organization and systems planning cooperation known as set up the board (CM). Exactly when the game plan is precise, plan the chiefs checks that an association realizes how its imaginative resources are set up and how they interface. The CM cycle intends to find and screen unequivocal game plan things (CI).

Hence option (A) is correct.

Learn more about process performs:

https://brainly.com/question/30074926

#SPJ4

This question is not complete , here I am attaching the complete question:

you have been assigned as the project manager on a project focused on developing a new process for your organization called configuration management. which of the following identifies the functions this process performs? a. identifying, submitting, approving, tracking, and validating changes b. submitting, approving, tracking, measuring, and validating changes c. identifying, requesting, assessing, validating, and communicating changes d. reviewing, approving, tracking, validating, and proving changes

Divide the company's earnings per share by the market value of the shares to get the P/E ratio. However, to give you an idea of what the market average is, many value investors use the range of 20 to 25 as the average P/E ratio.

In a nutshell, the P/E ratio indicates the current price that the market is willing to pay for a stock based on its current or anticipated earnings. A stock's price is likely overvalued and high in relation to earnings if its P/E ratio is high. On the other hand, a low P/E may indicate that the stock price is currently low in relation to earnings.

As a result, PEs below 20 may offer favorable investment opportunities; The more attractive the investment potential is when the PE is below 20.

To learn more about P/E ratio here:

https://brainly.com/question/27853014

#SPJ4

According to the statement Macaulay duration of a ten-year 6% $1,000 bond having annual coupons and a redemption of $1,200 if the yield to maturity is 8% is 7.84562 years.

Redemption is the act of bringing someone back. If you sell a bike, you could try to buy it back, or if you steal a bike from someone else, you you might want to buy your soul back.

Macaulay time D = the summation over (w x t)

Here, W is the ratio of the bond price to the present value of the year's cash flow.

The time period for which the weighting factor of Present value is t.

Yield to Maturity is 8%.

C = yearly Coupon and Investment Return = 6% times face amount = 6% times 1000 = $60.

Redemption Value, or RV, is equal to $1200.

(1200 redemption value Plus 60 from the tenth year)

the sum of the Macaulay durations (D) (w x t)

Lifespan = 7.84562 years when (w x t) is included.

Duration of Macaulay: 7.84562 years

Since n is the timeframe for which PVF is computed and r is YTM, PVF is calculated at r% = 1/(1+r%)n.

To know more about Redemption visit;

https://brainly.com/question/13640010

#SPJ4

C. A firm with high financial distress paying additional dividends

What is milking?

Milking is the strategy in which the short term revenues are given higher priority than the long term revenues.

So paying an extra dividend will be an example of milking the property.

What Is Financial Distress?

When a strategy is called "milking," short-term revenue is prioritized over long-term revenue.

Therefore, increasing the payout will serve as an illustration of milking the asset.

Financial distress: What Is It?

When a business or individual is in financial hardship, it means that they are unable to satisfy their financial responsibilities because they are not able to create enough revenue or money. This is typically caused by high fixed expenditures, a high percentage of illiquid assets, or revenue sources that are susceptible to economic downturns. Individuals may experience financial difficulty due to bad spending habits, excessive debt loads, lawsuits, or job loss.

To learn more about financial distress, click the link below

brainly.com/question/1537763

#SPJ1

Answer:

the answer is C

Explanation:

.... ....

The after-tax cost of this payment is $1.817 million

Company’s tax rate = 21%

Annual salary paid to PEO = $ 2.3 million

By paying PEO’s annual salary, the following amount can be reduced from taxable income:

= Annual salary of PEO x Tax rate

= $ 2.3 million x 21%

= $ 0.483 million

Finally, effective cost of payment = $2.3 million - $0.483 million

= $1.817 million

Therefore, after-tax cost of this payment is $1.817 million

The tax which is to be paid after subtracting savings from the actual amount of federal and state is considered as after-tax cost.

After-tax cost = Actual tax to be paid – Savings from taxable income

To know more about After-tax cost, check out:

brainly.com/question/28062298

#SPJ1