Answer:
The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.
Explanation:
Stock market specialists execute purchase or sale orders commissioned by a stockbroker. In the same way, when there are not enough buyers or sellers, specialists buy or sell on their own against the market trend. That is, they have the obligation to buy when there is not enough demand and the obligation to sell when there is not enough supply, in order to provide stability and liquidity to the market. Specialists play a role comparable to that of an air traffic controller: just as air traffic controllers are in charge of maintaining order among aircraft in flight, specialists maintain a fair and orderly market in the values assigned to them.
Answer:
Sometimes sales representatives could be able to tell lies, steal customers from other coworkers, get customers in an inappropriate way.
Explanation:
There will always be the possibility of a behavior aimed at financial obsession by the sales representatives involved in the bonus process.
It is important to consider how excessive greed could have a fundamental role to play improperly against the rest of the team of the sales force; Therefore, it is an incentive that while on the one hand, it could be very beneficial for the company by offering the possibility of a significant increase in the company's sales.
On the other hand, it is necessary to consider the possible problems of deception and greed that could be presented among the fellow sales representatives. In my opinion, this should be an activity that needs to be monitored very closely in order to be highly beneficial for the group in general.
Answer:
The statement would be:
Date: October 31, 2019
Net Income $680,700
Cash dividends $50,000
Stock dividends $127,000
Retained earnings $503,700
The retained earnings are equal to the sum of declared dividends substracted from the net income.
<span>One of the benefits of contracting with celebrities to endorse the company's brand of athletic product is: It attracts attention
A celebrity tend to has huge followers. By making that celebrity endorse our product, we will increase our brand recognition in the market and increases our customers.</span>
Answer:
2 Days
Explanation:
First, there is the need to rewrite the utility function for clarity
U=V^{1/2}
1. The Probability of Falling ill by someone in the family is given as 20%
2. If someone should fall ill, the total number of days that would be spoiled is calculated as:
Total number of vacation= 10 days x Probability to fall ill = 20%
= 10 x 0.2 = 2 days
This means if someone should fall ill based on the probability, then 2 out of the total 10 days can be ruined
3. The number of days for vacation days to enjoy is 10-2 = 8 days
This means if the family gives up 2 days of probable illness, they can still enjoy their vacation.
V= 2 days
