Answer:
Their primary goal is To protect consumers by regulating financial products and services.
Without their regulations, many corporations that operate in financial services tend to do several things that would hurt the consumers such as doing inside tradings or not fully disclosing their financial situation by opening a fake corporation offshore.
hopefully im right
Explanation:
Answer: Vroom and Yetton's normative decision model.
Explanation:
The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.
Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.
Answer:
absorption costing net operating income = $106400
Explanation:
Manufacturing overhead in inventory = Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory
Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory
$4 per unit × (−2,300) = −$9200
Variable costing net operating income = $115600
subtract fixed manufacturing overhead costs released from inventory
(9200 ) from Variable costing net operating income
Absorption costing net operating income = Variable costing net operating income - fixed manufacturing overhead costs released from inventory
Absorption costing net operating income = 115600 - 9200 = $106400
When the price level in the United States fall relative to the price level of other countries, IMPORTS will fall, EXPORTS will rise and NET EXPORTS will rise.
When the price level of the United state is lower than that of another country, the amount of goods that will be brought from another country into US will be reduced while the amount of goods that US send to other countries will increase.
Answer:
$9,996
Explanation:
The bond is issued on discount when the issuance price is lower than the face value of the bond. The discount on the bond will be expensed over the bond period until maturity.
Discount on Bond = Face value - Issuance value = $98,000 - $96,040 = $1,960
Interest Expense includes the interest payment and the discount amortization.
Discount amortization = Discount value / Life of the bond = $1,960 / 10 = 196 per year = $98 semiannually
Interest Payment = $98,000 x 10% = $9,800 annually = $4,900 semiannually
Interest Expense = ( 4,900 + 98 ) x 2 = $9,996