Answer:
False
Explanation:
The Securities Act of 1933 requires the registration of all the securities issued and sold ob public markets. This act had some exemptions:
- private offerings (if the securities were offered to a certain group of persons and/or institutions)
- offerings of a limited size: a very small issuance would be excluded, but remember that $5 million of 1933 are equivalent to more than $98 million today (average annual inflation of 3.48%)
- securities issued by government entities
- securities issued on intrastate offerings (only traded within a given state)
Answer:
99.91%.
Explanation:
For Salt Lake City, the probability that there will be fire damage is:
5% = 0.05
Therefore, the probability that there will be no fire is:
99.95% = 0.9995
For Cleveland, the probability that there will be fire damage is:
4% = 0.04
Therefore, the probability that there will be no fire is:
99.96% = 0.9996
To calculate the probability that none of the production facilities will damaged by fire, we simply multiply both probabilities thus:
0.9995 X 0.9996
= 0.9991
The answer is therefore:
99.91%
That statement is false.
Variable cost is the type of cost that incurred everytime a product is being produced. In flexible budget, the total budget will be adjusted to the amount of changes in volume or activity, which make the variable cost pretty much the same even though the activity is declined
Answer:
Pension funds are contribution set aside by employers paid into a Pension Fund Administration (PFA) company for the purpose of retirement.
Explanation:
Pension funds are monies credited into the Individual Retirement Savings (IRS) Account by the employer, with a focus on providing financial comfort to the employees at retirement.
The correct answer is C. The total value of both investment after a given time will stay the same. Investments involves putting up money or assets into use with an aim of generating and creating more income. Therefore in this case if one income is generating income while the other is generating losses, then the overall investment from the two investment remains the same.