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Rzqust [24]
2 years ago
11

If the administrator prohibits investment advisers in that state from taking custody of customer funds or securities, then the i

nvestment adviser would not be permitted to:
Business
1 answer:
Ket [755]2 years ago
8 0

The investment adviser would not be permitted to accept securities from a customer that are registered in customer name if administrator prohibit him from taking custody of customer, as per Securities and Exchange Commission.

As per the Securities and Exchange Commission, The Commission has amended the custody rule in accordance with the Investment Advisers Act of 1940. The amendments modernize the rule by bringing it in line with modern custodial practices and requiring advisers who have custody of client funds or securities to keep those assets in the custody of broker-dealers, banks, or other qualified custodians. The amended rule also defines "custody" and illustrates situations in which an adviser has custody of client funds or securities. The amendments are intended to improve client asset protection while reducing the burden on advisers who have custody of client asset.

Learn more about Securities and Exchange Commission here:

brainly.com/question/28066418

#SPJ4

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Logistics Solutions provides order fulfillment services for dot merchants. The company maintains warehouses that stock items car
denis23 [38]

Answer:

1. 4,200

2. $12,810

3. -$3,090 Unfavorable

4. a. $265 Favorable

b. -$3,355 Unfavorable

Explanation:

The computation of given question is shown below:-

1. Standard labor-hours

Standard labor-hours = Shipped items × Direct labor-hours

= 140,000 × 0.03

= 4,200

2. Standard variable overhead cost allowed

Standard variable overhead cost allowed = Standard variable Overhead rate per hour × Standard labor-hours

= $3.05 × 4,200

= $12,810

3. Variable overhead spending variance

Variable overhead spending variance = Standard variable overhead for actual output - Actual variable Overhead

= $12,810 - $15,900

= -$3,090 Unfavorable

4. a. Variable overhead rate variance

Variable overhead rate variance = (Actual hours × Standard rate per hour) - Actual variable Overhead

= (5,300 × $3.05) - $15,900

= $16,165 - $15,900

= $265 Favorable

b. Variable overhead efficiency variance

Variable overhead efficiency variance = Standard rate per hour × (Standard hours - Actual hours)

= $3.05 × ( 4,200 - 5,300)

= $3.05 × -$1,100

= -$3,355 Unfavorable

4 0
3 years ago
Haskell Motots common equity on the balance sheet totals $700million and the company has 35 million shares of common stockoutsta
Ludmilka [50]

Answer:

Statements A and C are correct.

Explanation:

  • Book Value per share is the value shown in the balance sheet, which is calculated by:

Formula: BV = \frac{Total common holder stocks}{number of common shares}

After putting values in the formula we get:

BV = \frac{700m}{35m} = 20

  • Market value per share is calculated on the bases of prices of share according to the market. For example, if your company has $10000 share outstanding and the price in market per share is 50 then the market value would be $500000.

So, we have to calculate market value per share for that we have to reverse the actual calculation, which means we will have to divide total market value of outstanding shares  by the total number of outstanding shares to get market value per share:

MV per Share = \frac{10m}{35m} = 28.5

<em>Hence, statement A and C both are correct. </em>

4 0
3 years ago
If water is transparent, Why cant we see the fishes in the sea when we look at it?​
Free_Kalibri [48]

Answer:

Water has a much higher refractive index, so does the material that the animals are made of so you can really make that difference in how light moves through the materials very minimal; therefore you can't see them. Even a piece of glass underwater is very difficult to see because that glare just doesn't happen.

i did get this from g00gle so it may be considered pagerism so just try to put it in your own words

Explanation:

7 0
3 years ago
Read 2 more answers
In 2002 the u.s. had a gpd (gross domestic product) of $10.5 trillion. what does that mean
olganol [36]
Thats how much product was produced and sold in the united states 
3 0
3 years ago
A politician employs illegal immigrants for housekeeping services. A nearby restaurant also employs illegal immigrants. The rest
Veronika [31]

The politician has more power and position to resist consequences.

<u>Explanation:</u>

The gatherings individuals have a place with on account of their place or position in history and society. All individuals have a social area that is characterized by their sex, race, social class, age, capacity, religion, sexual direction, and geographic area is known as Social location.

Social location is significant in light of the fact that it recognizes that all individuals in a general public don't think the same or experience reality similarly. In spite of numerous favorable circumstances, individuals in progressively special positions can be oblivious to the social experience of the individuals who have experienced separation or persecution.

5 0
3 years ago
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