Answer: Under FINRA rules, this is an example of<em><u> non-cash compensation and is prohibited.</u></em>
FINRA forbids enrolled individuals from accepting a acquisition in the sum of more than $100, and also forbids representatives from accepting "non-cash compensation".
The mutual fund sponsor is not the employer of the registered representative - the representative is an employee of the broker-dealer who is in the mutual fund selling group. The benefactor is not permitted to hold such contest - only the employing organizations can hold such contest, provided that it cannot favor the sale of one fund over another. This is an example of "non-cash compensation" under FINRA rules and is prohibited.
Answer:
Option A. Variable costs of $56,700 and $43,900 of fixed costs
Explanation:
Given:
Jase Manufacturing Co.'s static budget at 7,800 units of production includes;
Direct labor = $39,000
Electric power = $3,120
Total fixed costs= $43,900
Variable costs = [$(39,000 + 3,120) ÷ 7800] × 10,500= $56,700
Fixed costs = $43,900
The best and most correct answer among the choices provided by your question is the third choice or letter C.
The law of increasing costs means that as production shifts from one item to another, more and more resources are necessary to increase production of the second item.<span> </span>
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Answer:
The formula to calculate the Budget Balance is
Government Income - Government Expenditure
in this case
$1.05 billion - $1.06 billion = -<u> 0.01 billion or - $100 million</u>
Explanation:
A budget balance is reached when a government expenditures are equal to it's income.
In this case, since the country's only source of income it is slightly less than than what is required to run the government, it has a budget deficient.
Since the country does not export or trade with outside countries, the government will need to take out a loan to make up for this deficient.
Answer:
Current rate method
Explanation:
Translation is defined as the conversion of financial statement of a foreign subsidiary from the foreign currency to local currency.
This is done to reduce the effect of foreign exchange risk.
If a foreign subsidiary is exposed to foreign exchange risk the best translation method is the current rate method.
Current rate method uses the current exchange rate in translation.
Translation is used when the local currency is the functional currency of the company.
