Answer:
17.4%
Explanation:
Calculation for Dowling's 2021 profit margin
Using this formula
Profit Margin = Net Income/ Net Sales
Let plug in the formula
Profit Margin=$20/$115
Profit Margin= 0.1739 ×100
Profit Margin= 17.4%
Therefore Dowling's 2021 profit margin will be 17.4%
Answer:
I used an excel spreadsheet to calculate each unit's ending inventory price:
Product 1 = $7,20
Product 2 = $10,20
Product 3 = $11,75
Product 4 = $5,25
Product 5 = $5,60
If a newly hired person is employed by a broker-dealer and will be offering mutual fund shares, she can become FINRA registered by passing the SIE Exam and the Series 6 Exam.
<h3>What are the requisite for being
FINRA registered?</h3>
In order to become properly registered or qualified in FINRA, the newly hired person must pass the SIE Exam and the appropriate FINRA licensing exam.
In practice, in order to be able to offer mutual funds, a person must pass either the Series 6 or Series 7 Exam plus the SIE Exam. The Series 63 is a state exam, not a FINRA exam.
Read more about FINRA
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