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zlopas [31]
3 years ago
11

Investment bankers perform all of the following functions except: a purchase securities from issuers on a principal basis b sell

securities for issuers on an agency basis c advise issuers on potential mergers and acquisitions d manage mutual funds
Business
1 answer:
ArbitrLikvidat [17]3 years ago
7 0

Investment bankers perform all of the following functions except manage mutual funds.

<h3>Who is an investment banker?</h3>

Investment bankers underwrite securities on a firm commitment (principal) basis; and on a best efforts (agency) basis.

Investment banks also advise companies on mergers, acquisitions, divestitures and spin-offs.

Hence, Investment bankers perform all of the following functions except manage mutual funds.

Learn more about investment banker here : brainly.com/question/12301548

#SPJ1

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I think you need bachelor degree in photography
5 0
4 years ago
Which of the following statements about credit sales are true? (You may select more than one answer. Single click the box with t
podryga [215]

Answer:

The correct statements about credit sales are:

  • Accounts receivable arise from credit sales
  • Accounts receivable should be reported at net realizable value.
  • Revenue is reported when the company fulfills its promise to transfer control of a good or service to a customer

5 0
4 years ago
Vextra Corporation is considering the purchase of new equipment costing $35,000. The projected annual cash inflow is $11,000, to
Klio2033 [76]

Answer:

The net present value of the machine  = $ 1590

Explanation:

Solution

The first step is to compute the present value of annual cash inflows as shown below:

The present value of the inflow of cash = (Annual inflow of cash * PVIFA rate, period)

which is

= $11,000 * PVIFA 12%, 4

=  $11,000 * 3.0373

= $ 33,410

Note: the present value of  inflow of cash has been computed by multiplying Annual cash inflows and Cumulative factor of 12% and 4 years. Annual cash inflow is $11,000 and from the table of PVIFA rate for a 4 periods at 12% discount rate is 3.0373.

Next step is to compute the Net value as shown in the equation below:

Net present value = (present value of inflow of cash - Investment)

which is

=$ 33, 410 - $ 35,000

= $1590

The net present value is = $ 1590

Note: Net present value has been computed  be subtracting  investment from the present value of inflow of cash.

The opening investment is $35,000 and the present value of inflow of cash is $33,410. since the initial investment is more than the present value of cash inflows, the net present value is seen as negative.

6 0
3 years ago
Frictional unemployment is the result of
Shkiper50 [21]

Answer:

d. the search process of matching workers with jobs.

Explanation:

Frictional unemployment is also called "Search Unemployement" is base on the individual's circumstances and is independent of the economy. Commonly is the time "between jobs" when the person is searching for a new job or transitioning from one job to another. This is a temporary unemployement and it can be though like a good sign for the economy since it idemonstrates that people are looking a better job that the one they had before.

7 0
3 years ago
pet products inc. manufactures two products, cat bowls and dog bowls, from a joint process. cat bowls are allocated 50% of the t
Rufina [12.5K]

The difference in operating income between processing the cat bowls further versus selling them off at the split-off point is -$1,920.

<h3>What is operating income?</h3>

Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges incurred to maintain the operation of the business are known as operating expenses.

Calculating the operational income difference:

After additional processing, sales income (1000*14) 14000

At the split-off point, sales revenue (1000 x 11) 11000

3000 in additional revenue

Cost Incremental -4920

Increased revenue (loss) -1920

Operating income (loss) difference = -1920

The ability of your company to make money from its operational activities is demonstrated by operating income. The operating income figure is frequently used by business owners to assess the operational success of their enterprise. Potential creditors and investors might be interested in your company's operating income.

To learn more about operating income refer to:

brainly.com/question/11110287

#SPJ4

8 0
1 year ago
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