When an investor purchases Class A shares of a mutual fund in their brokerage account at a FINRA member firm, the sales charge is apportioned to all of the following except The mutual fund.
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What does it mean to be a member of FINRA?</h3>
The Financial Industry Regulatory Authority (FINRA) is an independent, nongovernmental organization that writes and enforces the rules governing registered brokers and broker-dealer firms in the United States.
A member is a registered investment firm or a brokerage or a dealership. Generally, an associated person is registered under the company rules and holds an important position at a company making investment decisions.
To learn more about FINRA visit the link
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Answer:
$1,500
Explanation:
Calculation for the amount of investment interest expense deduction for the year
Using this formula
Investment interest expense deduction=Interest income+ Nonqualifying dividend
Let plug in the formula
Investment interest expense deduction=$500+$1,000
Investment interest expense deduction=$1,500
Therefore the amount of investment interest expense deduction for the year will be $1,500
If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.
This basically means that they are operating at a level where the amount which they produce relates to the amount they spend.
Answer is E
This a process which engages working people through union. They negotiated a contract with owner& the employers to get information details about the term of employment like pay, benefits, house leves,,health, safety policies.
Help to ensure balance work and personal relationship.
Sale HR financial and production are important business functions & supported heavily by information systems.
Collective bargaining is a negotiating process not core business function or specialised task.
