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Archy [21]
2 years ago
7

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

Business
1 answer:
Softa [21]2 years ago
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.

Learn more about Financial Firm here:- brainly.com/question/989344

#SPJ 4

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Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount
Ainat [17]

The break even units is 20,000 units

<u>Explanation:</u>

<u>Firstly, the break even units needds to be calculated and is as follows:</u>

Selling price per unit = $50.00

variable costs = $30.00

Contribution Margin per unit = $20.00

BEP units = Fixed cost by contribution margin per unit

Fixed overhead = $400000

Contribution margin = $20

BEP = 20000 units

where : BEP = Break even units

Therefore, the break even units will be at 20000 units.

As per the given options in the question, the option C is the correct option.

3 0
3 years ago
Control Inc. has no debt and a total market value of $100,000. EBIT are projected to be 6,000 if economic conditions are normal.
Zinaida [17]

Answer:

$3.12

Explanation:

For expansion:

EBT = EBIT - Interest

       = [6,000 + (30% × 6,000)] - $0

      = $7,800

Net income = EBT - Tax

                   = $7,800 - $0

                   = $7,800

Earning per share for the case of strong expansion period before any debt is issued:

= Net income ÷ Number of shares outstanding

= $7,800 ÷ 2,500

= $3.12

5 0
3 years ago
How does Truth In Lending protect consumers when shopping for a loan?
Ainat [17]
<span>How does Truth In Lending protect consumers when shopping for a loan</span>
3 0
3 years ago
Read 2 more answers
At&amp;t, verizon, and t-mobile serve more than 95 percent of the subscribers in the u.s. wireless mobile phone market. which fo
solmaris [256]

More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.

How large is the market for cell phones?

In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.

The market for smartphones is it expanding?

Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.

To know more about mobile phone market

brainly.com/question/28041325

#SPJ4

8 0
1 year ago
When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions
Kryger [21]

Answer:

Human Capital.

Explanation:

When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions they are viewing them as human capital which is termed as an intangible asset for any organization but not present on an organization's balance sheet. Human capital is the economic value of the employees skills, expertise and experience which comprises of their training, education, health, intelligence, punctuality, values, ethics, corporate citizenship and loyalty etc.

5 0
4 years ago
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