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4 years ago

"A market maker that compensates a retail member firm for sending its customer orders to that market maker is:"

1 answer:

4 0

Answer: paying for order flow and hence must be allowed to do it so far he or she is subjected to the best execution requirements.

Explanation:

A market maker that compensates a retail member firm for sending its customer orders to that market maker is paying for order flow and hence must be allowed to do it so far he or she is subjected to the best execution requirements.

It should be noted that in this scenario, the retail firm earns the payment for order flow and this is allowed by the Securities exchange commission as long as the best available price is allowed for the trade.

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6. Which of the following could cause a change in the demand curve?

Nikitich [7]

Answer:

I think that there will be change in the population consuming the good because the goods are sold according to population who consumes it.The goods are sold according to the people .If there will be a lot of population consuming the good then the business can grow rapidly . But if there will be less population then people cant sold much goods.

7 0

2 years ago

On january 2, fafnir co. purchased a franchise with a finite useful life of 10 years for $50,000. an additional franchise fee of

skelet666 [1.2K]

The amount should Fafnir report as intangible asset - franchise is -

Purchase value of Franchise = $ 50,000

Life of Franchise = 10 years

Salvage value = $ 0 ( not given)

Since, no other methods of amortization are specifically mentioned, straight line method will be used.

Book value of Franchise = Purchase price - Amortization expenses

Book value of Franchise = $ 50,000 - [ ( $ 50,000 - $ 0) / 10 Years ]

Straight-line depreciation = ( Purchase price - Salvage value) / Number of years

Book value of Franchise = $ 50,000 - $ 5,000 = $ 45,000

The amount should Fafnir report as intangible asset - franchise is = $ 45,000

7 0

4 years ago

What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent roun

MrRissso [65]

Answer: 14.59%

Explanation:

The Internal Rate of Return(IRR) is the discount rate that brings the Net Present Value to zero. It is used to decide the viability of projects. The project is generally considered viable if the Cost of capital is less than the IRR.

You can use Excel to calculate the IRR;

= IRR(-15,800,6,500,7,800,6,300)

From the picture attached you can see that the IRR is 14.59%

3 0

3 years ago

FORco, a country F corporation, wants to open a sales office in the United States. FORco does not form a U.S. subsidiary, but in

wariber [46]

Answer:

C. Subject to 30% withholding tax under the Branch Interest Withholding tax rules.

Explanation:

Options are <em>"A. No interest withholding as the interest is deemed paid by the foreign corporation, since the U.S. branch is not a U.S. corporation. B. No interest withholding tax since the recipient of the interest is a foreign corporation. C. Subject to 30% withholding tax under the Branch Interest Withholding tax rules. D. Subject to 15% withholding tax under the Branch Profits tax rules. Reset Selection"</em>

The interest payment will be subject to 30% withholding tax under the Branch Interest Withholding tax rules. Interest paid by a branch's U.S. trade or business, is considered U.S. source income and is subject to U.S. withholding tax at a rate of 30%, unless the tax is reduced or eliminated by a specific treaty or Code provision.

6 0

3 years ago

________is the interest that the bank pays you on the principal plus on the_________ that you earned the preceding year.

Yuliya22 [10]

Answer:

Compound interest; interest.

Explanation:

Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.

Mathematically, compound interest is given by the formula;

$A = P(1 + \frac{r}{n})^{nt}$

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

7 0

3 years ago

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