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adoni [48]
3 years ago
7

Distinguish between responsibilities of the FTC and those of the SEC.

Business
2 answers:
Illusion [34]3 years ago
8 0

Answer:

FTC: prohibits deceptive practices and provides information about choosing products

SEC: prohibits insider trading and regulates brokers and investment advisers

shtirl [24]3 years ago
5 0

Answer:

FTC--- Prohibits deceptive practice.

           Provide information about choosing products.

SEC--- Prohibits insider trading.

            Regulates brokers and an investment adviser.

Explanation:

  • FTC is recognized as the Federal Trade Commission. It is a government entity that aims to protect customers by upholding consumer protection and antitrust laws and maintaining a strong competitive environment.
  • SEC is known as the Securities and Exchange Commission it is an agency of the U.S. government. The primary responsibility of the SEC is to implement statutory securities laws, formulate securities legislation, and oversee the securities market.
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The WeKnowThisStuff Company issued a $1,000 par value, 6% coupon, 8 year bond. The interest is paid semiannually and the market
Stella [2.4K]

Answer:

$1,032.01

Explanation:

Given:

Face value of bond (FV) = $1,000

Coupon rate = 6% annual rate or 6% / 2 = 3% semi-annual rate

Coupon payment (pmt) = 0.03 × $1,000

                            = $30

Rate = 5.5% annually or 5.5 / 2 = 2.75%

Time period (nper) = 8 × 2 = 16 periods

Current value of bond is present value of bond which can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

So, present value of bond is $1,032.01.

PV is negative as it's cash outflow.

8 0
3 years ago
After the computers dns cache is cleared, where will it most likely look to resolve the domain name the next time you enter ceng
SpyIntel [72]

After the computers dns cache is cleared, where it will most likely look to resolve the domain name the next time you enter cengage.com in your browse to The ISP's DNS server.

An ISP which stands for internet service provider is a company that plays a key role in providing individuals and organizations the access to the internet and other related services like browser.

The Domain Name System or the DNS is a term that is used for the hierarchical naming system which is used to identify computers through the Internet. Especially through the help of an IP address in short.

To learn more about domain here

brainly.com/question/13718390

#SPJ4

3 0
2 years ago
An blank is a statement used to communicate ones feelings in a nonconfrontational manner.​
Vaselesa [24]

Answer:

An art

Explanation:

An art is a blank is a statement used to communicate ones feelings in a nonconfrontational manner.​

3 0
3 years ago
Parsley, a world-famous chef, signs a contract to give lessons in French cooking to Curry. Parsley wants to transfer his duties
Margarita [4]

Answer:

C. <u>not valid because performance depends on Parsley's personal skills</u>

Explanation:

A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.

For a contract to be termed as valid, it must be performed by the parties to it.

Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.

In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.

The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.

8 0
3 years ago
Alpaca Corporation had revenues of $300,000 in its first year of operations. The company has not collected on $20,000 of its sal
madam [21]

Answer: Option (b) is correct.

Explanation:

Given that,

Revenues = $300,000

Merchandise it purchased = $75,000

Salaries paid = $14,000

Owners invested = $23,000

Borrowed on a five-year note = $23,000

Interest paid = $3,000

Paid for a two-year insurance policy = $6,800

Income tax rate = 9%

Gross Margin = Revenues - Cost of Goods Sold

                       = $300,000 - $75,000

                       = $225,000

Profit before tax = Gross Margin - Salaries - Insurance payment - Interest

                          = $225,000 - 14,000 - 3,400 - 3,000

                          = $204,600

Net Income = Profit before tax - Tax at 9%

                    = $204,600 - 18,414

                    = $186,186

6 0
3 years ago
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