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Katarina [22]
3 years ago
8

"A broker-dealer who acted as financial advisor to a municipality in structuring a new issue now wishes to act as underwriter in

a negotiated offering. Which statement is TRUE?"
Business
1 answer:
maxonik [38]3 years ago
3 0

Answer:

B. The financial advisor is prohibited from acting as the underwriter

Explanation:

As per the rule of the Municipal Securities Rulemaking Board, the financial advisor cannot be the underwriter.

The financial advisor for a  municipality is paying the advisory fee for assisting the structure of the municipality in order to the issuance of the new bond so that the less interest cost to be paid.

But in the case of the underwriter, it contains high rate of interest as it is very easiest way for selling

So through this, the conflict arises between these two parties

Therefore option B is correct

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Zhao Co. has fixed costs of $390,600. Its single product sells for $181 per unit, and variable costs are $119 per unit. The comp
Julli [10]

Answer:

Explanation:

The preparation of the contribution margin income statement for  the year ended December 31, 2017 is presented below:

Sales (10,000 units × $181)                              $1,810,000

Less: Variable cost (10,000 units × $119)       ($1,190,000)

Contribution margin                                        $620,000

Less: Fixed cost                                               ($390,600)

Net income                                                      $229,400

5 0
3 years ago
Name seven things needed for manufacturing
Annette [7]
1. Secure Hosting Service
2. Identify Skills and Background
3. Know Your Audience
4. Research
5. Types of Products
6. Advertising
7. Budget
8 0
3 years ago
Give an example of one good or service produced in the United States using the command model. Justify your example using researc
Shtirlitz [24]

Answer:

An example of production under the command system in the United States is that of the production of roads and passable roads throughout the nation. In this case, it is the production of a public service, and as such it is controlled by the government in all stages of its production: from the identification of the need, through the tender, the construction authorization and the supervision of the results, everything is controlled by the government. This implies that individuals or private companies cannot by their own initiative create this type of road, but rather depend exclusively on the will of the government.

3 0
3 years ago
Recently, U.S. dairies, struggling to increase milk sales, tried to change the way adults thought about chocolate milk. The dair
Blizzard [7]

Answer:

The correct answer is C

Explanation:

Repositioning is states as altering or changing the position of the product in the customer minds as relative to the offerings of the product. It is very difficult as well as subtle procedure as the brand or the product needs or require to change the market understanding of the product.

In this case, the dairies would like to reposition the chocolate milk in the minds of the adult customers as they are trying to change the way adults think of chocolate milk.

7 0
3 years ago
When a hazardous material and a non-hazardous material are entered on the same shipping paper document, the hazardous material(s
Marina86 [1]

Answer:

See the description as below

Explanation:

First we would see that the proper shipping name is the key to determine how packages for hazardous materials are selected, marked, and labeled; the vehicle is correctly placarded; and the shipment is correctly documented. Proper shipping name is the standard technical name to describe the hazard properties and the composition of dangerous goods. You need to choose a UN number (usually, 4 digits) and a proper shipping name from Dangerous Goods.

The basic description of a hazardous material includes the Identification Number, the Proper Shipping Name, Hazard Class and Packing Group (when applicable). This information is required to be placed on the shipping paper in a specific order

An easy way to remember the sequence is to use the acronym “ISHP”: I-Identification Number, S-Proper Shipping Name, H-Hazard Class or Division, and P-Packing Group.

For a hazardous substance shipment, the letters 'RQ' must be entered on the shipping paper. Enter 'RQ' before or after the basic description for each hazardous substance. If the material contains two or more hazardous substances, at least the two hazardous substances with the lowest 'RQ' must be identified. RQ means Reportable Quantity, when a hazardous material is being shipped in a reportable quantity of greater, the shipper must display the letters RQ must be displayed on the shipping paper

6 0
4 years ago
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