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
mars1129 [50]
3 years ago
11

Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employ

ing member firm can request duplicate (A)confirmations only.(B)account statements only(C)confirmations and account statements(D)account forms used to open the account.
Business
1 answer:
murzikaleks [220]3 years ago
3 0

Answer:

C) confirmations and account statements

Explanation:

If an employee of a FINRA member firm wants to work for another FINRA firm, he/she must notify his/her employing member firm, and his/her new employer must send duplicate confirmations and account statements only if requested by the member employing firm. The member employing firm does not have to grant any type of approval or permission.

The Financial Industry Regulatory Authority (FINRA) regulates member brokerage firms and exchange markets. FINRA is regulated and overseen by the SEC. They issue licences to individuals and admits companies into the financial trading industry.

You might be interested in
Price is constant to the individual firm selling in a purely competitive market because
Ulleksa [173]

Answer:

Option C - each seller supplies a negligible fraction of total supply.

Explanation:

Price is constant to the individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total supply.

3 0
3 years ago
Some countries have high minimum wages and require a lengthy and costly process to get permission to open a business Select one:
Pani-rosa [81]

Answer:

b. Reducing the minimum wage and the time and cost to open a business would shift the long-run aggregate supply curve to the right

Explanation:

Minimum wage is a wage set by the government, to pay for laborers. Wages below this is illegal. Wages are also a major cost to any firm. When they have been reduced, cost of production is likely to fall. Cost of production is a factor affecting supply. When cost of production falls, supply shifts right.

This is explained as that when cost of production falls, businesses can now make higher profits. This acts as a motivation for many other firms to also enter into the market. Therefore, supply is likely to rise in the long-run, shifting the supply curve to the right.

Time and cost to open a business is another factor affecting supply. When the time and cost is high, it discourages new firms because they do not want to undergo the hassle of submitting many legal documents or may not have enough funds to pay for all the costs. However, when the cost and time taken falls, more firms will be willing and able to enter into the market. Thus, the supply curve shifts right in the long run, increasing quantity supplied.

6 0
2 years ago
Investment X offers to pay you $4,020 per year for 12 years, whereas Investment Y offers to pay you $2,041 per year for 7 years.
inna [77]

Answer:

$16,481.68

Explanation:

Note that the present value of each yearly cash inflow can be determined using the formula provided below:

PV of cash inflow=cash inflow/(1+discount rate)^n

n is the year in which the cash inflow is expected, it is 1 for year 1 cash inflow, 2 for year 2 and so on.

PV of Investment X=$4,020/(1+11%)^1+$4,020/(1+11%)^2+$4,020/(1+11%)^3+$4,020/(1+11%)^4+$4,020/(1+11%)^5+$4,020/(1+11%)^6+$4,020/(1+11%)^7+$4,020/(1+11%)^8+$4,020/(1+11%)^9+$4,020/(1+11%)^10+$4,020/(1+11%)^11+$4,020/(1+11%)^12

PV of investment X=$26,099.27

PV of investment Y=$2,041/(1+11%)^1+$2,041/(1+11%)^2+$2,041/(1+11%)^3+$2,041/(1+11%)^4+$2,041/(1+11%)^5+$2,041/(1+11%)^6+$2,041/(1+11%)^7

PV of investment Y=$9,617.59  

the difference in PV=$26,099.27-$9,617.59

the difference in PV=$16,481.68  

5 0
3 years ago
Please help!
dimaraw [331]
B. a value inventory
3 0
3 years ago
Encore Inc. declared an $80,000 cash dividend. It currently has 3,000 shares of 7%, $100 par value cumulative preferred stock ou
blsea [12.9K]

Answer:

$38,000

Explanation:

Before distributing dividends to common stockholders, Encore must first deal with the preferred stockholders.

preferred stock annual payment = 3,000 shares x 7% x $100 = $21,000

Since the company owes one year's payment to preferred stockholders, it must pay them two years now = $21,000 x 2 = $42,000

So Encore will have $38,000 (= $80,000 - $42,000) left to distribute to commons stockholders.

3 0
3 years ago
Other questions:
  • Vitafluid, a health drink, is available at all supermarkets. After research, the marketing team of the branddiscovered that 90 p
    8·1 answer
  • When a customer deposits $100 of cash into their checking account at a bank, the cash outside the bank decreases by $100, but th
    13·1 answer
  • Which of the following conditions will maximize the amount of interest you earn?
    6·2 answers
  • Think of the products you use on a daily basis and think of the types of utility. What is a product that you use on a daily basi
    6·1 answer
  • Suppose a firm has an annual budget of $200,000 in wages and salaries, $75,000 in materials, $30,000 in new equipment, $20,000 i
    8·1 answer
  • Please subscribe to my mom channel please<br><br>I need 100 subscribe​
    10·1 answer
  • An increase in a firm's tax rate will__________ if the firm has debt capital in its capital structure:
    13·1 answer
  • Select the correct answer.
    10·1 answer
  • Which scenario is not a violation of your rights as a debtor?
    7·1 answer
  • what is the producer surplus if there is a $5 per unit transaction cost? (do not include the dollar sign $ in your answer)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!