All categories

3 years ago

PLEASE ANSWER ASAP! Which of the following statements are true about brokerage firms? (Select all that apply.)

Business

1 answer:

Zepler [3.9K]3 years ago

6 0

Answer:

C and E.

Explanation:

Brokerage Firms are those firms that acts an a middlemen between the buyer and a seller to expedite a transaction. It is a financial institutions that ease the buying and selling of securities. These companies also charge a amount of fee or compensation on the completion of transactions. A brokerage firm is also known as brokerage company or brokerage.

There are three types of brokerage firms. They are:

Full-service brokerage
Discount brokerage
Robo-advisors.

The discount brokerage provides less comprehensive services than the traditional one or the full-service brokerage. These services are provided via online as well by discount brokerage.

So, from the given options the correct options are C and E.

You might be interested in

On march 1, 2018, big brands corporation issued $600,000 of 10% bonds at 105. each $1,000 bond was sold with 50 detachable stock

Zinaida [17]

Answer:

$510,000

Explanation:

No.of bonds issued = $600,000 / $1000 = 600

Total no. of stock warrants = 600 x 50 = 30,000

Market Value of stock warrants = 30,000 x $4 = $120,000

Issue price of bonds = $600,000 x 1.05 = $630,000

Amount to be recorded as increase in liabilities = Issue price of bonds - Value of stock warrants

= $630,000 - $120,000

= $510,000

7 0

3 years ago

What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix would be 43 percent ch

Nookie1986 [14]

Answer:

a. Anticipated level of profit.

Profit = Contribution margin of Chicken + Contribution Margin of Fish - Fixed costs

Contribution margin of Chicken

= (Selling - Variable costs) * Units sold

= ( 3.9 - 1.95) * 209,000

= $407,550‬

Contribution Margin of Fish

= (Selling - Variable costs) * Units sold

= ( 5 - 2.5 ) * 305,000

= $762,500‬

Profit = 407,550‬ + 762,500‬ - 111,000

Profit = $‭1,059,050‬

b. Break-even using weighted-average contribution margin.

Breakeven point = Fixed Cost/ Weighted Contribution margin

Weighted contribution margin

= (Proportion of chicken * Contribution margin of chicken) + (Proportion of fish * Contribution margin of fish)

= ( 43% * (3.9-1.95)) + ( 57% * ( 5 - 2.5 ))

= $2.2635‬

Breakeven point = 111,000 / 2.2635‬

= 49,039 units

c. Sales mix changes to four chicken tacos for each fish taco.

That means 0.8 chickens and 0.2 fish.

= (Proportion of chicken * Contribution margin of chicken) + (Proportion of fish * Contribution margin of fish)

= ( 80% * (3.9-1.95)) + ( 20% * ( 5 - 2.5 ))

= $2.06

Breakeven point = 111,000 / 2.06

= 53,883 units

Chicken = 80% * 53,883

= 43,106 units

Fish = 53,883 - 43,106

= 10,777 units

Attached photo is similar question as yours is missing details.

8 0

3 years ago

An earned value report shows: how much money has actually been spent so far on the project. slippages in performance measures fo

Fynjy0 [20]

An earned value report will likely show all of these measures.

8 0

3 years ago

By 1990, ____________ began receiving significant numbers of idiosyncratic and novel fonts from outside designers. recognizing t

anastassius [24]

The correct answer is: " Émigré Fonts " .
_________________________________________________________
"By 1990, Émigré Fonts  began receiving significant numbers of idiosyncratic and novel fonts from outside designers. recognizing the originality of many of these submissions, partners Zuzana Licko and Rudy Vanderlans began to license and distribute the designs."
________________________________________________________

3 0

4 years ago

Jim and Sue were going to be married and were very much in love. Before the wedding date, they went out for coffee and orally ag

ludmilkaskok [199]

Answer:

B. It will not be enforced due to the statute of frauds.

Explanation:

Jim and Sue ''orally agreed to how the marital assets would be split if they divorced'', but however did not sign any agreement that makes the contract valid. Thus, the contract will not be enforced due to the statute of frauds. A statute of frauds, simply means a contract without sufficient written evidence agreed and signed by parties to the contract.

5 0

3 years ago