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
yulyashka [42]
3 years ago
10

You are a CFP® designee who has been approached by the general partner of Beverage King Industries (BKI) to provide financial pl

anning services to the top executives at BKI. Your brother has a ten percent limited partnership interest in BKI. Can you accept this engagement?
A. No, because your integrity is impaired.
B. No, because your objectivity is impaired.
C. Yes, but only after proper disclosure.
D. Yes, because your integrity and objectivity are not impaired; no disclosure is needed.
Business
1 answer:
Cloud [144]3 years ago
3 0

Answer:

C.

Explanation:

Yes, but only after proper disclosure.

CFP Board designee are individuals who meet and currently holding certifications of CFR Board. Beverages king Industries (BKI) otherwise refers to a client of CFP designee.

For me to accept to provide financial planning services to the top executives at BKI. There must be proper disclosure of my brother's investment at BKI as this is professional service.

You might be interested in
SDJ, Inc., has net working capital of $2,060, current liabilities of $5,550, and inventory of $1,250.
alexandr1967 [171]

Answer:

1.

Current ratio = 1.37 times

2.

Quick Ratio = 1.15 times

Explanation:

The current ratio and quick ratios both are measures to assess the liquidity position of businesses. These are useful indicators of how well the business is equipped to meet its current obligations using its liquid assets.

To calculate these ratios, we must first determine the value of current assets. We are given the value of net working capital. The net working capital is the difference between the current assets and the current liabilities.

Net Working capital = Current assets - Current Liabilities

2060 = Current Assets - 5550

2060 + 5550 = Current Assets

Current assets = $7610

<u>Requirement 1.</u>

The current ratio is calculated as follows,

Current Ratio = Current Assets / Current Liabilities

Current ratio = 7610 / 5550

Current Ratio = 1.3711 rounded off to 1.37 times

<u />

<u>Requirement 2.</u>

The quick ratio is calculated as follows,

Quick Ratio = (Current Assets - Inventories) / Current Liabilities

Quick Ratio = (7610 - 1250) / 5550

Quick Ratio = 1.1459 rounded off to 1.15 times

6 0
3 years ago
In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report
Oksi-84 [34.3K]

Answer:

a) planning

Explanation:

Shondra performing the planning process of management functions. Planning means, first of all looking ahead and chalking out future courses of activity to be followed by each and every member of an organization as here Shondra is setting up a new department soon after she is chalking out future courses of duty of the manager and every member of the particular department which is very important for the smooth and effective running of an organisation.

5 0
3 years ago
Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have w
kramer

This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.

Why do economies in developing countries grow slowly?

The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.

What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.

Learn more about financial markets: brainly.com/question/16623249

#SPJ4

4 0
2 years ago
One of the other employees in your department did not show up for work. He will not be coming in today, and no one will be arriv
Margarita [4]

Answer:

the best way to handle this situation is to share him responsibilities amongst available employees so as to keep the ball rolling in the office. business can't shut down because he didn't show up

7 0
3 years ago
Read 2 more answers
Please please answer these help me plz​
adell [148]

Explanation:

Control

Entrepreneurs naturally have long-term vision and find focus on quarterly profits frustrating

As an owner of a privately held company, you have complete authority over operational decisions and don’t have to worry about shareholder expectations and interference. Shareholders in public companies are often focused on current earnings and they can exert tremendous pressure to increase earnings in the short term in order to increase the value of their stock.

Right of Non-Disclosure

Privately held companies are not required to disclose details about their operations that could potentially benefit competitors. The SEC has stringent disclosure requirements for public companies, including the details of investor conferences, research analyst meetings and shareholder discussions.

Confidentiality

Information such as executive compensation, legal settlements and other sensitive information cannot be kept confidential in public companies. Compliance with these SEC disclosure regulations can expose information that you would prefer to keep confidential.

The United States is considered the world's premier free-market economy. Its economic output is greater than any other country that has a free market. 1 The U.S. free market depends on capitalism to thrive. The law of demand and supply sets prices and distributes goods and services.

5 0
3 years ago
Other questions:
  • The balanced scorecard approach uses only financial measures to evaluate performance. uses rather vague, open statements when se
    13·1 answer
  • White Forest Financials is a small investment firm, operating in an extremely volatile environment. One of the company's two own
    14·1 answer
  • How important is following up with your potential employers after an interview?
    6·2 answers
  • When consumers need to purchase a refrigerator, they usually evaluate different models across a set of features or characteristi
    11·1 answer
  • On March​ 1, Year​ 1, LuxWear Inc. had beginning inventory and​ purchases, at​ cost, of​ $50,000 and​ $20,000, respectively. The
    14·1 answer
  • Madrid Company has provided the following data (ignore income taxes): 2018 revenues were $77,500. 2018 net income was $33,900. D
    8·1 answer
  • Which of the following are true?
    15·1 answer
  • Patel Inc. factors $6,000,000 of its accounts receivables with recourse for a finance charge of 3%. The finance company retains
    12·1 answer
  • The field of accounting that focuses on providing information for external decision makers is.
    12·1 answer
  • With respect to hedge fund investing, the net return to an investor in a fund of funds would be lower than that earned from an i
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!