OPTIONS:
A. establish a Chinese Wall between the research personnel and the sales personnel
B. register both the research personnel and the sales personnel in each State where the IA's services are offered
C. cross-train the research personnel and the sales personnel in each other's functions so that in the event of a confidentiality breach, one can take over the functions of the other
D. establish two separate IA firms registered with the State with one only having research personnel and the other only having sales personnel
Answer: A. establish a Chinese Wall between the research personnel and the sales personnel
Explanation: In a bid to maintain confidentiality and avoid leakage of vital information, there must be a barrier between the research personnels who makes findings on investment opportunities and packages for client needs and the sales personnels. This is because, research and investment informations are treated as classified and leakage could lead to bias, whereby some consumers will get the information and make moves before other consumers are informed via official release by the firm.
Answer:
identity theft
Explanation:
Identity theft is the act of illegally taking another person's identity in order to maliciously use his/her credit card info or any other credentials. This is equally illegal as any other kind of theft, as it is almost the same as robbing someone real-time. This can be prevented by double authentications and secure passwords.
I think it could either be the first or third option, but I thinking the correct one should be the first option. Hope this helped :)
Answer:
c. $40,000
Explanation:
Reduction in Account Receivables $500,000
($2,500,000 * 20%)
<u>* Interest rate 11% </u>
Annual saving $55,000
Less: Annual cost of system <u>-$15,000</u>
Pretax Net annual savings <u>$40,000</u>
Answer:
Dividend growth rate anticipated = 14.66%
Explanation:
Using dividend growth model we have
P
= 
Where P
= Current market price = $120
D
= Dividend to be paid at year end or next year = $1.37
K
= Expected return on equity = 15.8%
g = Expected growth rate
Now putting values we have
$120 = 
0.158 - g = 
0.158 - 0.0114 = g
0.1466 = g = 14.66%