Markets typically trade short-term, highly liquid securities.

Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look

DaniilM [7]

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

7 0

3 years ago

What is the difference between asset management and wealth management

ladessa [460]

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

8 0

2 years ago

PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?

zhuklara [117]

Answer:

taxes and no money management

Explanation:

some comes out of taxes and you do not know what to do with so much money

5 0

2 years ago

Match each description 1 through 4 with the characteristic of preferred stock that it best describes in the dropdown next to eac

andreyandreev [35.5K]

Answer:

1. Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends - Cumulative Shares

Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.

2. Holders of the stock can receive dividends exceeding the stated rate under certain conditions - Participating Shares

Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.

3. Holders of the stock are not entitled to receive dividends in excess of the stated rate. - Non- Participating Shares

Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.

4. Holders of the stock lose any dividends that are not declared in the current year - Non- Cumulative Shares

If their dividend is not declared in a certain period, they will forfeit that dividend for the period.

7 0

3 years ago

Robin needs $25,000 to start a business. In her search for the best (low cost) loan, she has gathered the following information

RUDIKE [14]

Answer:

Bank A

Explanation:

To recommend from which bank Robin should borrow from, we need to calculate the interest which is the cost of borrowing from each of the banks.

Note:

Interest amount = Total amount to repay - Loan amount .................. (1)

Equation (1) is used as follows:

Bank A:

Interest = ($9,000 × 3) - $25,000 = $27,000 - $25,000 = $2,000

Interest/loan rate = ($2,000 ÷ $25,000) × 100 = 8%

Bank B:

Interest = ($7,000 × 4) - $25,000 = $28,000 - $25,000 = $3,000

Interest/loan rate = ($3,000 ÷ $25,000) × 100 = 12%

Bank C:

Interest = ($6,000 × 5) - $25,000 = $30,000 - $25,000 = $5,000

Interest/loan rate = ($5,000 ÷ $25,000) × 100 = 20%

Recommendation

Robin should borrow from Bank A since it offers the lowest loan rate of 8%.

7 0

3 years ago