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Arisa [49]
3 years ago
13

As a financial planner, you offer unbiased advice to your clients. Which principle of ethics are you complying with?

Business
2 answers:
Anika [276]3 years ago
5 0

Answer:

if this is plato it is b

Explanation:

NikAS [45]3 years ago
4 0

B. Objectivity.

Objectivity means offering balanced, smart advice that doesn't show your personal favorites.

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Your sister has just been told that she will be given a $1,000 bonus next year. She is very eager to know its present value. So,
beks73 [17]

Answer:

b. discounting

Explanation:

Your sister has just been told that she will be given a $1,000 bonus next year. She is very eager to know its present value. So, she applies the <u>discounting</u><u>  </u>process to estimate the present value of her gift.

Discounting: It is a mechanism used for determine the present value of money, which is going to be paid in future. As debtor use this mechanism to delay payment of creditor for a certain period of time in exchange of some fees or charge to be paid. As time value of money change and it does not remain same.

There are mainly three type of discounting:

  • Trade discount
  • Quantity discount.
  • Cash discount.

Hence in the given case, she applies the discounting process to estimate present value of her gift.

5 0
3 years ago
Consider the following data for a closed​ economy: Y​ = ​$12 trillion C​ = ​$8 trillion G​ = ​$2 trillion Spublic​ = ​$negative
Rufina [12.5K]

Answer:

B. S and I drop by ​$0.60 trillion.

Explanation:

We know that

Y = C + I + G

$12 trillion = $8 trillion + I + $2 trillion

$12 trillion = $10 trillion + I

So, I = $12 trillion - $10 trillion

       = $2 trillion

As the government purchases increase from $2 trillion to $2.60 trillion

and the rest of the things remain the same.  

So New I = $12 trillion - $8 trillion - $2.60 trillion

               =  $1.4 trillion

So, the difference would be equals to

= $2 trillion - $1.4 trillion

= $0.6 trillion

The $0.6 trillion reflect fall in the investment  

And the saving and the investment are equal to each other

Hence, the B option is the right answer

4 0
3 years ago
n many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the ter
kiruha [24]

Answer:

In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this?

The term is called:

lender of last resort.

Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this?

The term is called:

deposit insurance.

Explanation:

Central banks play important roles in the economy.  They conduct the economy's monetary policy, regulate other banks, and provide various other financial services, including economic research. They stabilize the nation's currency by ensuring that unemployment is kept low and also prevent economic fluctuations.

6 0
2 years ago
You own one futures contract on gold that you purchased at a quoted price of 1,448.5. The current price quote is 1,405.5. The co
Inessa [10]

Answer:

d. -$4,300.00

Explanation:

Calculation for What is your current profit or loss on this investment

Using this formula

Current profit or loss = Contract size*(Current price quote-Quoted price )

Let plug in the formula

Current profit or loss = 100 *($1,405.5-$1,448.5)

Current profit or loss = 100 *-$43

Current loss = -$4,300.00

Therefore your current loss on this investment will be -$4,300.00

6 0
3 years ago
As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c
Serga [27]

Answer:

$1,275

Explanation:

The computation of the amount of commission for paying is shown below:

= Invested amount × fund charges a load percentage

= $30,000 × 4.25%

= $1,275

By multiplying the invested amount with the fund charges a load percentage we can easily calculate the amount of commission and the same is to be considered

8 0
3 years ago
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