Answer:
Dr Investment in Nursery supplies $66 million
Cr Cash $66 million
Dr Investment in Nursery supplies $7 million
Cr Investment Revenue $7 million
Dr Cash $9 million
Cr Investment in Nursery supplies $9 million
No Entry
Explanation:
Preparation of the appropriate journal entries from the purchase through the end of the year.
Dr Investment in Nursery supplies $66 million
Cr Cash $66 million
(To record purchase of 25% shares for $66 million)
Dr Investment in Nursery supplies ($28 million x 25%) $7 million
Cr Investment Revenue $7 million
(To record investor share of investee's net income)
Dr Cash (18 million shares x 25% share x $2 per share) $9 million
Cr Investment in Nursery supplies $9 million
(To record receipt of dividend)
No Entry
Answer:
A. Workers are trained to do all or most of the jobs in the unit
Explanation:
A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering a service. Traditional organizational structures assign tasks to employees depending on their specialist skills or the functional department within which they work
Your firm must submit the transfer instruction to the carrying member through the ACATS <u>A) Immediately.</u>
<h3>What is the Automated Customer Account Transfer Service (ACATS)?</h3>
The Automated Customer Account Transfer Service (ACATS) is a standardized and automatic system sanctioned by the Financial Industry Regulatory Authority (FINRA) that transfers financial securities in customers' accounts from one brokerage firm or bank to another.
Under the FINRA's Uniform Practice Code, a customer may transfer some or all of their securities.
Thus, the FINRA's Uniform Practice Code requires that your firm <u>immediately</u> forwards the TIF to the next broker.
Learn more about Financial Industry Regulatory Authority (FINRA) at brainly.com/question/8777317
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<h3>Question Completion with Answer Options:</h3>
What does FINRA's Uniform Practice Code require?
A) Immediately.
B) within 1 business day.
C) within 3 business days.
D) within 2 business days.
Answer:
C
Explanation:
Do to the rEASON I FOUND ONLINE
Answer:
Option C (Drop-shippers) is the correct choice.
Explanation:
- Drop shipping would be a technique of retail fulfillment where a store does not maintain the items in stock that it advertises or sell. Instead, whenever a store offering its products that used the drop shipping framework, it buys goods from either a third party and it may have delivered the product straightforwardly.
- The products are owned by Drop shippers but they have never handled or executed them.
Some other alternatives given weren’t linked to the scenario in question. So, the alternative above is the right one.
