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REY [17]
3 years ago
14

All of the following are examples of qualitative information that should be collected by the financial planner EXCEPT: a. Genera

l attitude towards spending. b. Risk tolerance. c. Client age and number of children. d. Education goals.
Business
1 answer:
jasenka [17]3 years ago
8 0

Answer:

The correct answer is letter "C": Client age and number of children.

Explanation:

Financial planners rely on qualitative and quantitative information to help customers reach their investment goals. Qualitative analysis represents the non-numerical gathering of information based on the customer's subjective values. On the other hand, quantitative analysis is made thanks to all factual data that can be collected.

Thus, <em>a client's age and the number of children is quantitative information planners can collect.</em>

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Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tick
erastova [34]

Full question:

In some states and localities, scalping is against the law although enforcement is spotty

A. Using supply/demand analysis and words, demonstrate what a weakly enforced antiscalping law would likely do to the price of tickets.

B. Using supply/demand analysis and words, demonstrate what a strongly enforced antiscalping law would likely do to the price of tickets

Answer and Explanation:

A. For the first scenario, a weakly enforced antiscalping law would still allow the resale of tickets as it is not enforced properly. Therefore it's effect on price would remain as though there were no laws restricting scalping( scalping: price increase created by artificial shortage and bulk resale of tickets) . See the attached diagram for the supply and demand curve and price increase as a result of a weak antiscalping law

B. For the second scenario, scalping has no effect on price as antiscalping laws are strong and therefore there is no scalping. Price remains the same and does not change.

In diagram A for first scenario price increases from p1 to p2 and quantity decreases from q1 to q2 to indicate increase in price and quantity decrease for shortage respectively. This shows the effect of scalping on the market with weak antiscalping laws

In diagram B, price and quantity remain the same to show strong antiscalping laws

7 0
2 years ago
What is always true about trial balance reports? (You may select more than one answer. Single click the box with the question ma
Keith_Richards [23]

Answer:

The correct answers are letters "A", "C" and "D": All accounts with balances are included in the report; The report is prepared for a range of dates; The total of the debit column must equal the total of the credit column.

Explanation:

A Trial Balance is a worksheet detailing the debit and credit balances of all the accounts for the company. According to accounting theory, the sum of all debits will be the sum of all credits for a given period. Relevant accounting activity of previous periods can be included. Since the trial balance is a list of all accounts, it acts as a test of accuracy.

8 0
3 years ago
Jose, a bank officer, takes the time to fully explain to an applicant why he is being turned down for a loan and does his best t
sineoko [7]

Answer:

Interactional Justice

Explanation:

Interactional Justice is an organizational behavior that deals with how respectfully and dignified people affected by a decision are treated.

As a management or leadership, interactional justice is important as it shows how well managers/leaders can execute their decisions and use their authority with employees/subordinates while being fair, polite and open to them.

Interactional Justice can simply be said to be the fairness and openness with which decisions are made known to the affected individuals.

Cheers.

4 0
3 years ago
Read 2 more answers
____________ is a condition that must be satisfied before a party’s contractual obligation to perform becomes absolute (e.g., Bo
statuscvo [17]
Consent I think is the answer
8 0
3 years ago
Entries for Issuing Bonds and Amortizing Premium by Straight-Line Method Smiley Corporation wholesales repair products to equipm
Masja [62]

Answer and Explanation:

The Journal entry is shown below:-

a. Cash Dr, $20,811,010

            To Bonds payable $20,000,000

            To Premium on Bonds payable $811,010

(Being issuance of the bond is recorded)

For recording this we debited the cash as it increased the assets and at the same time it also increased the liabilities so the bond payable and premium is credited

b. Interest expenses Dr, $818,899

Premium on Bonds payable $81,101 ($811,010 ÷ 5 × 6 ÷ 12  )

              To Cash $900,000 ($20,000,000 × 9% × 6 ÷ 12)

(Being  interest expense is recorded)

For recording this we debited the interest expense as it increased the expenses and credited the cash as it reduced the assets plus the remaining balance is debited to premium on bond payable

c.The contract rate of interest is higher than market rate of interest.

5 0
3 years ago
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