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Rom4ik [11]
3 years ago
13

Rod is looking for professional financial assistance. Rod has a solid grasp of how investing works, but needs a way to handle th

e actual buying and selling of stocks. Rod knows where he wants his portfolio to be over the long term, and he believes that he knows in which companies he wishes to invest. Recommend an appropriate financial professional for Rod.
a.
Discount broker
b.
Full-service broker
c.
Financial planner
d.
Investment Advisor
Business
2 answers:
Crazy boy [7]3 years ago
7 0

Answer:

A.Discount broker

Explanation:

navik [9.2K]3 years ago
4 0
Based on the given scenario above, I believe that the answer would be option D. INVESTMENT ADVISOR. Since based on the situation above about Rod wherein he wants to know how investment works, and how stocks works, the <span>appropriate financial professional for him would be an investment advisor. Hope this helps.</span>
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siniylev [52]

Answer:

B

Explanation:

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6 0
2 years ago
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Consider a mutual fund with $260 million in assets at the start of the year and 10 million shares outstanding. The fund invests
Ugo [173]

Answer: $26; $28.057

Explanation:

Total value = $260 million in assets

Shares outstanding = 10 million

Dividends = $2.5 million

Fund value at the start of the year = \frac{Total\ value}{No.\ of\ shares\ outstanding}

                                                         = \frac{260}{10}

                                                         = $26

Fund value at the end of the year:

Dividend per share = \frac{Dividends}{No\ of\ shares}

                                = \frac{2.5}{10}              

                                = $0.25

Price gain at 9% with deduction of 1% of 12b-1

Fund value at the end of the year = $26 × 1.09 × (1 - 0.01)

                                                        = $28.057

4 0
3 years ago
Mann Corporation has been investing $18,000 for the last four years in an investment scheme that will mature at the end of the c
inysia [295]

Answer:

c. lump-sum amount

Explanation:

Lump-sum amount -

It refers to the one complete amount of money , is referred to as lump - sum amount .

A lump -sum investment ,. refers to the amount of money invested at one time .

Similarly ,

The returns can be lump - sum , where the person receives the complete amount at one go after maturation , is referred to as lump - sum amount .

Hence , from the given scenario of the question ,

The correct option is c. lump - sum amount .

5 0
3 years ago
How did you feel while you were discussing your inventories with your family members
Law Incorporation [45]
Felt pretty alright yo 
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3 years ago
Tally Company uses job costing. The job cost record for Job A61 on March 1 showed a balance of $5,200. The job was completed on
Gemiola [76]

Answer:

Total cost= $15,100

Explanation:

Giving the following information:

The job cost record for Job A61 on March 1 showed a balance of $5,200.

Job A61:

March:

Direct materials= $2,300.

Direct Labor= $4,000.

Manufacturing overhead is allocated based on direct labor cost. The rate is 90% of direct labor cost.

MOH= 4000*0.9= $3,600

Total cost= 5,200 + 2,300 + 4,000 + 3,600= $15,100

8 0
3 years ago
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