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lilavasa [31]
2 years ago
12

An Investment Adviser Representative (IAR) is also a registered broker-dealer. The IAR has a brokerage client who has a $1,200,0

00 account; and a net worth of $2,500,000. The client wants the IAR to take over the management of the account, with the IAR to be compensated on a performance basis. The IAR should tell this client that the account:
Business
1 answer:
s2008m [1.1K]2 years ago
4 0

<em>Performance fees </em><em>are only permitted for </em><em>wealthy clients</em><em> who have at</em><em> least $1,000,000 invested or have a minimum $2,100,000 </em><em>net worth, therefore this client </em><em>qualifies </em><em>under the </em><em>Investment Advisers Act of 1940</em><em>.</em>

<h3>Who is an Investment Adviser Representative?</h3>

A representative of an investment adviser is typically someone who, in exchange for payment,

  • makes recommendations or otherwise renders advice regarding securities.
  • manages client accounts or portfolios.
  • chooses which recommendations or advice regarding securities should be given.
<h3>Investment Advisory Act of 1940</h3>

Investment consultants are governed by this statute. With few exceptions, this Act mandates that businesses or single proprietors who get payment for advising people on securities investments register with the SEC and abide by rules meant to safeguard investors.

learn more about Investment Adviser Representative here <u>brainly.com/question/14343163</u>

<u>#</u><u>SPJ4</u>

<u />

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At the end of 2020, Pharoah Co. has accounts receivable of $762,200 and an allowance for doubtful accounts of $60,300. On Januar
MakcuM [25]

Answer:

To reverse the transaction, the journal entry is:

Date                    Account title                                              Debit             Credit

March 4, 2021    Accounts receivable - Megan Gray       $5,800

                           Allowance for doubtful accounts                                  $5,800

To record the receipt of cash:

Date                    Account title                                              Debit             Credit

March 4, 2021     Cash                                                       $5,800

                            Accounts receivable - Megan Gray                            $5,800

5 0
3 years ago
Choose the correct statement.
grandymaker [24]

Answer:

D) When price is lowered to sell one more​ unit, the lower price results in a revenue loss and the increased quantity sold results in a revenue gain.

  • When you offer a sales discount, you are losing revenue since marginal revenue is lower than price, but at the same time if the marginal revenue is ≥ to marginal cost, then your profit and total revenue is increasing.

Explanation:

the other statements are false because:

  1. A. Marginal revenue equals total revenue divided by quantity sold.  FALSE, MARGINAL REVENUE IS THE REVENUE GENERATED BY SELLING ONE ADDITIONAL UNIT.
  2. B. For a​ monopoly, marginal revenue equals price.  FALSE, FOR A MONOPOLY MARGINAL REVENUE IS LOWER THAN PRICE.
  3. C. For a​ monopoly, total revenue equals marginal revenue multiplied by the quantity sold.  FALSE, TOTAL REVENUE = PRICE X QUANTITY SOLD
4 0
3 years ago
As capital investments flow from high wage core countries to low wage periphery regions, _______________________ shifts take pla
professor190 [17]

Cheap labor and raw materials.

Margin generally occur when there is a capacity to produce more with cheap labor and enough raw material for the production.

In comparison to the developing countries,  the capital investments flow from high wage core countries to low wage periphery regions.  Wage employment is far less than the daily wage earners.

Labor changes occur in both the kind of wage rate and employment. Shifts take in case both high to low and low to high variations to maintain stability both between the production procedure, employment and labor ratio . All depends on the situation of the economy in a country.

To learn more about capital investments here,

brainly.com/question/13529977

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5 0
2 years ago
To promote interest in attending a convention, you should send out a/an A. site inspection. B. convention program. C. invitation
konstantin123 [22]
Hello, I think that the answer is A,I say this because when you make a assembly,you want to make sure that the water and the heating is all good and just inspect the place very good for the assembly to have a good representation,so yeah


Hope this helps,have a great night :)
7 0
3 years ago
Read 2 more answers
Ethan put $4000 in a 2-year CD paying 5% interest, compounded monthly. After 2 years, he withdrew all his money. What was the am
svp [43]

Answer:

The total amount was $4419.76

Explanation:

The 5% of $4000 is $200 so after a 2 year period added to the amount the original deposit of $4000 then A is the correct and closest equal amount.

7 0
3 years ago
Read 2 more answers
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