The investment adviser would not be permitted to accept securities from a customer that are registered in customer name if administrator prohibit him from taking custody of customer, as per Securities and Exchange Commission.
As per the Securities and Exchange Commission, The Commission has amended the custody rule in accordance with the Investment Advisers Act of 1940. The amendments modernize the rule by bringing it in line with modern custodial practices and requiring advisers who have custody of client funds or securities to keep those assets in the custody of broker-dealers, banks, or other qualified custodians. The amended rule also defines "custody" and illustrates situations in which an adviser has custody of client funds or securities. The amendments are intended to improve client asset protection while reducing the burden on advisers who have custody of client asset.
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Answer:
Product prices will be increased by resource price. A further explanation is given below.
Explanation:
- When individuals have already had time, throughout the longer term, to change certain long-term obligations. A rise in population, as well as a higher level of costs, can no doubt mean an increase in the amount generated. Throughout the long term, the powers causing the rise in the sum usually provided mostly in the shorter term would not be available.
- When the long-term current expires and has been tried to negotiate, expenditures that are already temporarily set as a part of the contractual deal will increase. If this continues, the resource price could well raise the price of additional goods, which should not modify the desire to manufacture.
Answer:
Market value of common stocks (15,000 x $11) 165,000
Market value of preferred stocks (2,000 x $34) 68,000
Market value of bonds (50 x $960) 48,000
Market value of the firm 281,000
The capital structure weight of common stocks
= $165,000/$281,000 x 100
= 58.72%
Explanation:
In this case, there is need to determine the market value of the company, which is the aggregate of market value of common stocks, market value of preferred stocks and market value of bonds. The capital structure weight of common stocks is the ratio of market value of common stocks to market value of the company multiplied by 100.
Answer:
Direct Material Price Variances = ( Sp - Ap) Aq
= ( $1 - $0.75) *700
= (0.25)*700
= $175
Direct Material Quantity Variances = (Sq - Aq ) *Sp
= ( 600 -700)* $1
= (-100) *$1
= -$100
Total Material Variance = Quantity Variance + Price variance
= -$100 +$175
= $75
Direct Labor Expenditure Variance = ( Sr - Ar) *Ah
= ( $8 -$11) *50
= (-3) *50
= -$150
Direct Labor Efficiency = ( Sh -Ah ) *Sr
= (40-50)* $8
= (-10)* $8
= -$80
Total Labor Variance = Expenditure Variance + Efficiency Variance
= -$150 -$80
= -$230
Explanation:
The Question is incomplete but i have attached a complete question
Sp = Standard price
Ap = Actaul price
Sq = Standard Quantity = 6*100 = 600
Aq = Actual Quantity = 7*100 = 700
Sr = Standard Rate
Ar = Actual Rate
Ah = Actual Hours =0.5 *100 =50 hours
Sh = Standard hour = 0.4 *100 =40 hours
Answer:
I don't completely understand the question l.mao
