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1 year ago

A financial services firm that charges customers based on a percentage of the assets under management is best defined as:_______

1 answer:

4 0

A Money Manager is a person or Financial firm that charges customers based on a percentage of the assets under management.

A money manager is someone or a financial firm that manages the securities portfolio of a person or institutional traders. expert money managers do now not receive commissions on transactions; instead, they are paid based on a percent of property underneath management.

A financial firm approach any firm or fund that makes assignment capital or other investments, or that engages in funding banking, the mutual fund business, or the securities commercial enterprise.

A financial services organization is an enterprise or organization which manages, invests, exchanges, or holds money on behalf of customers.

The 4 maximum common sorts of economic establishments are business banks, brokerage firms, insurance organizations, and investment banks.

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By the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.

yKpoI14uk [10]

It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.

<h3> Corporate Ethics</h3>

Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.

<h3>What are the type business ethics?</h3>

(i) Politics without Principles

(ii) Wealth without Work

(iii) Commerce without Morality

(iv) Knowledge without Character

(v) Pleasure without Conscience

(vi) Science without Humanity

(vii) Worship without Sacrifice.

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10 months ago

A certain bookstore chain has two stores, one in San Francisco and one in Los Angeles. It stocks three kinds of books: hardcover

Hoochie [10]

Answer:

Hard Soft Plastic

San Francisco 3,600 7,800 12,000

Los Angeles 2,400 1,800 3,000

Explanation:

The sales during January were as follows:

Hard Soft Plastic

San Francisco 600 1,300 2,000

Los Angeles 400 300 500

If the sales during the next five months were actually the same, then to determine total sales all we have to do is multiply January's sales by 6.

600 x 6 = 3,600 1,300 x 6 = 7,800 2,000 x 6 = 12,000

400 x 6 = 2,400 300 x 6 = 1,800 500 x 6 = 3,000

7 0

3 years ago

If the price of tutoring increases from $5 to $15, producer surplus increases, in numerals, by $_____.

olga_2 [115]

With the price increase in tutoring from $5 to $15, producer surplus increases by <u>$10</u>.

<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive. It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

Thus, the producer surplus increases by $10 to show the increased benefit that suppliers receive for selling their services in the marketplace.

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2 years ago

Star Appliance sells previously owned appliances. Each appliance carries a one-year warranty against defects. Suppose that appli

lawyer [7]

Answer:

$1,500

Explanation:

Data provided in the question

Sales for the appliances for the entire month = $50,000

Expected future warranty cost = 3% of sales

By considering the above information, the amount that should be reported as a liability is

= Sales for the appliances for the entire month × Expected future warranty cost

= $50,000 × 3%

= $1,500

Simply we multiplied the sales with the given percentage so that the liability amount could arrive

6 0

3 years ago

Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:

GrogVix [38]

Answer:

Santoyo Corporation

Tracking Time to Fill Orders:

The delivery cycle time was 25 hours.

Explanation:

The delivery cycle time sums the time occasioned by the supply delay and the reordering delay before the goods reach the customer. As an order is received by Santoyo Corporation there is usually a wait time of half a day or 12.5 hours. The processing of the order consumes 1.6 hours. Before delivery is made, the inspectors spend 0.8 hours or 48 minutes doing what they know best. Then, freight takes 4.2 hours for the delivery van to reach the customer's warehouse. At that point, another 5.9 hours are spent queueing for the receipt of the goods by the customer.

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3 years ago