1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allisa [31]
3 years ago
15

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:

  1. Full-service brokerage
  2. Discount brokerage
  3. 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
Through marketing newsprint to newspaper publishers and glass manufacturers that use it in packing, International Paper segments
stira [4]

Answer:

d. use of product

Explanation:

A market segment can be described as a group of people that are put together as a unique segment for marketing purposes because of the similarity in their attributes.

Market are usually segmented based on personality, needs, values, use of product, and lifestyles of the consumers being targeted.

Therefore, International Paper segments its market based on use of product,

5 0
3 years ago
Read 2 more answers
What is the process of managing costs
Masja [62]

Answer:

Cost management is the process of estimating, allocating, and controlling project costs. The cost management process allows a business to predict future expenses to reduce the chances of budget overrun. Projected costs are calculated during the planning phase of a project and must be approved before work begins.

Explanation:

I know the answer by heart

6 0
3 years ago
Farm and Supply reissued 100 shares of treasury stock at $20 that had been reacquired for $15 per share. What is the entry?
zhuklara [117]

The correct answer is A. Debit cash $2000, credit Treasury stock common $1500, Credit paid in capital from Treasury stock $500.

To get the Debit cash we take the number of shares and multiply with treasury stock which is 100 × $20 =  $2000.

To get the credit treasury stock  we get the reused number of shares and multiply with the reacquired stock which is

100 × $15 =  $1500.

To get the paid in capital from treasury we take the debit cash we take away the credit treasury which is,

$2000 - $1500 = $500.

4 0
3 years ago
Why does the free-market system require government regulation?
Elenna [48]
 In free-market system <span>the business is privately owned and operated, which means that it  is not owned or controlled by the government.</span>
The free-market system require government regulation, because the producers are driven by the profit motive to work against competition. Government regulation will enable and ensure fair competition and protect consumers.
7 0
3 years ago
Read 2 more answers
Determine the monthly payment for a 36 month lease on a $26,000 car with a residual of 71% and an interest rate of 7. 5%. A. $10
lubasha [3.4K]

The lease fee is equal to the monthly rent, which is formally dictated underneath an agreement between two parties, granting one party the lawful liberty to utilize the other person's real estate belongings and other fixed assets, for a limited period.

The approximate monthly lease payment is $348. 38.

<h3>How to calculate the monthly payment?</h3>

Given,

  • Residual percentage = 71 %
  • Interest rate = 7.5 %
  • Lease amount for the car = $26,000
  • Number of months = 36

First calculate the residual value as:

Residual value = 71 % of the lease amount ($26,000)

\begin{aligned}&= 0.71 \times  26,000\\\\&= \$ 18,460\end{aligned}

Calculate the money factor as:

\begin{aligned}\rm Money\; factor &= \dfrac{7.5 }{2400}\\\\&= 0.003125\end{aligned}

  • <u>Step 1</u>: Calculate the monthly depreciation as:

\begin{aligned}\rm Monthly depreciation &= \dfrac{\text{Lease amount - residual amount }}{\text{Number of months}}\\\\&=\dfrac{ 26000 - 18460}{36}\\\\&= \$209.44\end{aligned}

  • <u>Step 2</u>: Calculate the monthly financial charge as:

\begin{aligned} \text{Monthly Financial Charge} &= (\text{Lease amount + Residual value}) \times  \text{Money factor}\\\\&= (26000 + 18460) \times 0.003125\\\\&= \$138.94 \end{aligned}

  • <u>Step 3</u>: Calculate the lease amount  as:

\begin{aligned}\text{Monthly Lease Amount} &= \text{Monthly Depreciation + Financial Charge}\\\\&= 209.44 + 138.94\\\\&= \$348.38\end{aligned}

Therefore, <u>option d.</u> $348. 38 is correct.

Learn more about the lease amount here:

brainly.com/question/25795577

3 0
2 years ago
Read 2 more answers
Other questions:
  • The following variable production costs apply to goods made by O'Brien Manufacturing Corporation: Item Cost per Unit Materials $
    10·1 answer
  • Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th
    5·1 answer
  • In response to duracell's introduction of the duracell ultra battery, energizer introduced an advanced formula battery. but unli
    8·1 answer
  • The arrival of personal computer technology gave rise to client server networks that replaced traditional mainframe and minicomp
    7·1 answer
  • Imagine that the government statisticians who calculate the inflation rate have been updating the basic basket of goods once eve
    15·1 answer
  • replacement of skilled workers with machines that can do the job more efficiently is called what? a. deskilling b. downsizing c.
    8·2 answers
  • Suppose the tax rate on the first​ $10,000 of income is 0​ percent; 10 percent on the next​ $20,000; 20 percent on the next​ $20
    8·1 answer
  • A student is setting up an experiment. The student has twenty identical young plants and will try to answer this question: How d
    12·1 answer
  • What modern-day learning technique is most similar to apprenticeship?
    14·1 answer
  • Current account and ______ account are the two major components of a statement that summarizes all debit and credit transactions
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!