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1 year ago

The amount of commission charged to a customer to effect a securities transaction:____.

1 answer:

3 0

The amount of commission charged to a customer to effect a securities transaction must be disclosed on the trade confirmation and is not required to be disclosed prior to executing the transaction.

A commission is a fee paid by a business to a seller in return for services in promoting, directing, or completing a sale. Fees may be based on a flat fee or (more commonly) based on a percentage of revenue generated.

Employers offer commissions to motivate employees, increase productivity, increase sales and attract customers. Sales and marketing jobs in many industries, such as businesses such as automotive and real estate, typically offer commission-based compensation.

If the company earns a sales commission, this is recorded as income on the income statement. If the commission earned is part of the company's core business, it is usually classified as operating income. Otherwise, it is classified as other income.

Learn more about the commission here: brainly.com/question/957886

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3 years ago

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The net cash provided by financing activities -$157,600.

Explanation:

Net cash provided by financing activities refers to the difference between the total cash inflows and total cash outflows from the financing activities section of the cash flow staement.

The net cash provided by financing activities can be calculated by preparing a partial cash flow statement as follows:

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Net Cash Flow Statement (Partial)

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Details Amount

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3 years ago

Entrepreneurs and other producers accept risks because they hope to earn _____.

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Entrepreneurs and other producers accept risks because they hope to earn PROFIT.

Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it.

High risks business also have high potential of generating high profit.

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3 years ago

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Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders.

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3 years ago