Sales representatives and brokers should work under a signed labor agreement that may or may not permit broker deductions.
How Do Brokers Work?
A broker is a person or business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange.
Brokers offer that service and are paid in a variety of methods, including commissions, fees, or payments from the exchange itself. To assist investors in deciding which broker is best for them, Investopedia routinely examines all of the major brokers and keeps a list of the top online brokers and trading platforms.
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Answer:
Interest-bearing checking accounts
Explanation:
Interest bearing checking accounts provide the customers with a certain amount of interest rates depending on the amount of balance the customers have in their checking accounts.
In general, the interest rate from interest-bearing checking accounts wouldn't be as high as normal saving account. But, many people often use this because it is easier to liquidate your cash through this type of accounts. Fast liquidation make this type of account a convenient options for someone who often conduct a purchase.
Answer:
Net cash flow from investing activities: $20 million
Net cash flow from financing activities: $19 million
Explanation:
a. Calculation for flow from investing activities
Sale of land $11
Sale of investments 15
Purchase of equipment (2)
Purchase of patent (4)
Net cash flow from investing activities: $20
b. Calculation for Cash flow from financing activities
Issuance of common stock $21
Purchase treasury stock (2)
Net cash flow from financing activities: $19
Therefore Net cash flow from investing activities is $20 million while Net cash flow from financing activities is $19 million
