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1 year ago

What educational requirements must a non-resident salesperson meet in order to qualify for licensure as a missouri broker?

1 answer:

3 0

Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.

Not only non-resident salesperson license holders must successfully complete the 48-hour broker course in addition to having the necessary experience but also pass an exam to be eligible for a broker's license.

Additionally, a non-resident license certification is required.

Also, The 24-hour practice course, passing the state part of the salesperson exam, and submitting a non-resident license certification from the other state are requirements for non-resident salesperson license holders who want to earn a Missouri salesperson license.

Hence, Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.

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In a credit application, besides one's capacity to pay, creditors also consider which of the following?

DochEvi [55]

Answer:

The lenders use a system of five Cs to know about the creditworthiness of potential borrowers. They weigh five characteristics of the borrower and various conditions of the loan, chances of default and risk of loss. The five Cs used by the lender are capacity, character, collateral, capacity and conditions.

The first C is character, it can be known by the previous loans of the applicant.

Debt to income ratio is the second C.

The third C is capital, it is the amount of money possessed by an applicant.

Collateral is the fourth C, it is the asset that can be used to back the loan.

The fifth C is conditions, the amount of the loan, its purpose and the prevailing interest rate in the market are known as conditions.

4 0

3 years ago

You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months), and th

EastWind [94]

Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:
$A= P(i(1+i)^n)/((1+i)^n-1)$

In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months

A. monthly payment amount
$A= P(i(1+i)^n)/((1+i)^n-1)$
$= 20000(.1/12(1+.1/12)^60)/((1+.1/12)^60-1)$
$=424.98$ to the nearest cent

B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713% (effective annual rate)

7 0

3 years ago

During the current year, Comma Co. had outstanding: 25,000 shares of common stock, 8,000 shares of $20 par, 10% cumulative prefe

irina [24]

Answer:

The basic earnings per share for the present year is $7.36 per share

Explanation:

The basic earnings per share for the current year of Comma is computed as:

= (Net Income - preferred stock) / Outstanding shares

where

Net Income is $200,000

Preferred stock is computed as:

= Shares × 10% × Price × 10%

= 8,000 × 10% × $20

= 800 × $20

= $16,000

Outstanding shares - 25,000

Putting the values above:

= ($200,000 - $16,000) / 25,000

= $ 184,000 / 25,000 shares

= $7.36 per common share

8 0

3 years ago

In the fourth stage of rational decision making, managers will _____. evaluate the alternatives and select a solution implement

Ludmilka [50]

Answer:

The correct answer is: implement and evaluate the chosen solution.

Explanation:

Companies generally use different strategies to make decisions to obtain the best benefits. For example, companies often use the rational decision-making process to focus on analysis and logic, leaving subjectivity aside.

Through this method, different steps of the decision-making method are followed to achieve the objectives proposed objectively.

<em>For example, in the fourth step, the chosen solution must be implemented and evaluated, the managers are in charge of analyzing and executing the action plan</em>, in this way they evaluate each result obtained to know if the actions taken are the best and are reaching their goals.

<em>I hope this information can help you.</em>

6 0

3 years ago

Look in a recent issue of The Wall Street Journal at "NYSE-Composite Transactions."a. What is the latest price of IBM stock? b.

nydimaria [60]

Answer:

A) $191.08

B) The annual dividend = $0.85 per share

dividend yield = 1.78%

C) 3.14%

D) 13.74

E) $13.91

F) IBM's P/E at 13.74 is higher than Exxon Mobil P/E at 11.29

G) The possible reasons for the difference in P/E is due to the difference in EPS earned by each company and also the difference in stock price of each company's stock

Explanation:

Referring the the recent issue of the wall street Journal at NYSE-Composite Transactions

A) The Latest price of IBM stock = $191.08

B) What are the annual dividend payment and the dividend yield on IBM stock

The annual dividend = $0.85 per share

dividend yield = 1.78%

C) calculate what the yield will become if yearly dividend is moved up to $1.50

first we find the price per share

price per share = annual dividend per share / current dividend yield

= 0.85 / 1.78% = 0.85 / 0.0178 = $47.75

since we now have the price per share value we can now calculate the dividend yield

dividend yield = annual dividend / price per share

= $1.50 / $47.75 = 0.0314

= 3.14 %

D) Calculate the P/E on IBM stock

= 13.74 times as it was traded for the last 12 months

E) calculate IBM's earnings per share using P/E

earnings per share = Price / P/E

Latest price of IBM stock = $191.08

P/E = 13.74

earnings per share = 191.08 / 13.74 = $13.91

F) IBM's P/E at 13.74 is higher than Exxon Mobil P/E at 11.29

G) The possible reasons for the difference in P/E is due to the difference in EPS earned by each company and also the difference in stock price of each company's stock

7 0

3 years ago