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3 years ago

All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by

1 answer:

5 0

All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by: the next business day of contract acceptance.
the earnest money check is the amount of money that being put in the escrow amount after the deal is done (the account is held by the estate broker)

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In the Frankfurt market, Aldi stock closed at €5 per share. On the same day, the euro-U.S. dollar spot exchange rate was €.625/$

Molodets [167]

Answer:

B) $15.63

Explanation:

Calculation for the no-arbitrage U.S. price of one ADR

First step is to calculate the Equivalent amount of one ADR in euro

Equivalent amount of one ADR in euro = 5 ×€5

Equivalent amount of one ADR in euro = €25

Now let calculate the Dollar value of one ADR

Dollar value of one ADR = €25* €625/1,000

Dollar value of one ADR=€15,625/1,000

Dollar value of one ADR=$15.63

Therefore the no-arbitrage U.S. price of one ADR is:$15.63

7 0

3 years ago

Galena is a new agent for a financial services company. She decides to join the local chamber of commerce, the local association

mixer [17]

Answer:

B) networking

Explanation:

Networking involves the sharing of information and ideas among people in a social group, or social set up. Networking happens in informal groups formed by people who share common interests and ambitions. Professional use networking to expand their circles of friends, acquaintances, and potential business partners.

Business people join or create networking groups to develop relationships with other business-minded people. By joining the local chamber of commerce, Galena will interact and socialize with other businesswomen. She will make friends and get a platform to engage with other professionals in her field.

4 0

3 years ago

JLK is a partnership that was formed two years ago for the purpose of creating new fad items and distributing them directly to c

arsen [322]

Answer:

The correct answer is E. Initial public offering.

Explanation:

An Initial Public Offering (IPO) is an equity offering where a private company or 'issuer' decides to go public for the first time. This is a big step for companies to raise capital through public investors, get access to better and more credit and further grow a company. To go through with an IPO, a company must meet the requirements of the Securities and Exchange Comission (SEC).

The process is made with the help of one or more investment banks that act as underwriters. Underwriters take care of the offering from the beginning to the end of the IPO by preparing documentation, providing proposals on selling price, amount of shares & timeframe for the market offering, marketing campaigns and going through the issuing process.

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3 years ago

Given the increasing use of computers to do routine tasks, which of the following skills is most likely to be actively sought by

nasty-shy [4]

Answer:

D,the ability to perform routine tasks

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3 years ago

Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto

Maru [420]

Answer:

$12,600

Explanation:

Particulars Amount

a. Issue common stock for cash $40,000

b. Purchase building and land with cash, -$25,000

c. Provide services to customers on account $6,000

d. Pay utilities on building -$500

e. Collect $4,000 on account from customers $4,000

f. Pay employee salaries -$8,000

g. Pay dividends to stockholders -$3,900

Net Cash Flow $12,600

7 0

3 years ago