Answer:
I and IV
Explanation:
A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)
A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)
Answer:
![\$26](https://tex.z-dn.net/?f=%5C%2426)
Explanation:
Given the bond has a face value of $1,000
Coupon rates is 5.2%
N=20yrs
Semianual payments can be calculated as:
![Coupon=\frac{1}{2}(Coupon \ Rate \times \ Bond \ value)\\=0.5\times0.052\times 1000\\=26](https://tex.z-dn.net/?f=Coupon%3D%5Cfrac%7B1%7D%7B2%7D%28Coupon%20%5C%20Rate%20%5Ctimes%20%5C%20Bond%20%5C%20value%29%5C%5C%3D0.5%5Ctimes0.052%5Ctimes%201000%5C%5C%3D26)
Hence the semiannual coupon payments is $26
#Check picture for the timeline of the cashflows.
Answer:
The debit to Cash Short & Over amounts to $6
Explanation:
The debit to Cash Short & Over is computed as:
Debit to Cash Short & Over = Petty cash fund - Cash - Miscellaneous cash receipt - Additional cash receipts
where
Petty cash fund amounts to $210
Cash amounts to $17
Miscellaneous cash amounts to $4
Additional cash receipts amounts to $183
So, putting the values above:
Debit to Cash Short & Over = $210 - $17 - $4 - $183
Debit to Cash Short & Over = $6
Therefore, the Debit to Cash Short & Over amounts to $6
NOTE: Here in the options correct options is missing.
The real estate industry applies, broker of the following labels to individuals that have obtained qualifications beyond the basic level of licensure and, therefore, can operate their own agency and employ salespersons. The correct option is B.
<h3>What is the relationship between a sponsoring broker and a salesperson?</h3>
When a salesperson completes a transaction, any commissions or fees are paid to the broker, who then pays the salesperson. Typically, a salesperson and their sponsoring broker will agree on a percentage of the commission.
A real estate broker performs the same functions as an agent, but is allowed to work independently and may hire agents. Brokers are paid on commission, but they also receive a portion of the commissions earned by the agents who work for them.
Thus, the ideal selection is option B.
Learn more about Broker here:
brainly.com/question/14094023
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Answer:
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