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Luda [366]
1 year ago
13

According to the "spotlight on small business" box, many investors are turning to independent advisors rather than large wall st

reet firms because:______.
Business
1 answer:
soldier1979 [14.2K]1 year ago
6 0

The reason why many investors are turning to independent advisors instead of large wall street firms is because they are offered more flexibility in investment options.

<h3>Why are people choosing independent advisors?</h3>

Independent advisors do not have to worry about a certain corporate policy or the interest of their shareholders because they have none.

This allows them to offer more investment options to people thereby allowing them the flexibility to pick the investment choices they prefer.

Find out more on independent advisors at brainly.com/question/16033676

#SPJ1

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Consumers are most likely to find the best prices in:
vladimir2022 [97]
Consumers are most likely to find the best prices in an oligopoly
8 0
2 years ago
The conversion price of CRX’s convertible ($1,000 par) subordinated debentures is $40 and the present market price of CRX common
Tom [10]

Answer:

$1,200

Explanation:

For this question, we use the unitary method that is shown below:

Given that

Conversion price = $1,000 par

And, the subordinated debentures is $40

And the present market price is $48

So, the present conversion value is

= Conversion price ×  the present market price ÷ the subordinated debentures

= $1,000 × $48 ÷ $40

= $1,200

 

5 0
3 years ago
Rose Co. sells one product and uses the last-in, first-out method to determine inventory cost. Information for the month of Janu
AleksandrR [38]

Answer:

C) $80,000

Explanation:

Since Rose uses the LIFO method for determining COGS, the 10,000 units sold should be recorded at $7.90 (purchase price 1/5).

10,000 units still remain in inventory (8,000 beginning + 2,000 last purchase). Using the LIFO costing method the inventory unit cost should be [(8,000 x $8.20) + (2,000 x $7.90)] / 10,000 = $8.14 per unit

If the replacement cost is $8 per unit, and Rose decides to use lower-of-cost-or-market rule, then she should use the lowest cost which is the replacement cost ($8 < $8.14).

So the ending inventory's total cost is $8 per unit x 10,000 units = $80,000

             

8 0
3 years ago
Balmforth Products, Inc. makes and sells a single product called a Bik. It takes three yards of Material A to make one Bik. Budg
prohojiy [21]

Answer:

the desired ending inventory for JUne is 4,350 yards

Explanation:

the computation of the desired ending inventory for JUne is shown below;

= June production × given percentage × number of yards taken

= 14,500 units × 10% × 3 yards

= 4,350 yards

Hence, the desired ending inventory for JUne is 4,350 yards

The same should be considered and relevant

3 0
2 years ago
When a group provides a collective good or service, ______. select one:
nirvana33 [79]
The group can divide costs to each person providing the good when this group provides a collective good or service. By definition, a collective good or service are considered as goods and services that are provided and are readily available to the community. Examples of these are the health cares provided by the government.
8 0
2 years ago
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