Answer:
Explanation:
NASSA rules are set of laws enacted to guide the administration of business and trading activities. Some of the NASAA are protection of vulnerable adults from financial exploitation and guides against unethical practices by investment advisers.
NASSA rules does not forbid RIA from charging an incentive fee based on investment performance, however , it must be able to prove that the fee charged is fair , reasonable and affordable by the customer , in as much as the customer is not being financially exploited.
Answer:
the payback period = 4.86 years
Explanation:
Seattle's cash flows are as following:
Year Cash flow Accumulated cash flows
0 -$150,000 -$150,000
1 $30,000 -$120,000
2 $30,000 -$90,000
3 $30,000 -$60,000
4 $30,000 -$30,000
5 $35,000 $5,000
6 $35,000 $40,000
etc.
The payback period is between year 4 and 5:
- 4 years + ($30,000 / $35,000) = 4.86 years or
- year 4 + [($30,000 / $35,000) x 365 days] = 4 years and 313 days
Answer:
Lamination= $50,000
Explanation:
Giving the following information:
Metro Inc. has two production departments:
Lamination and Molding
Three service departments:
Human Resources, Technology Support, and Purchasing.
The $200,000 costs of Human Resources are allocated based on the number of employees in each production department.
The Lamination department has 40 employees.
The Molding department has 120 employees.
Proportion of employees:
Lamination= 40/160= 25%
Molding= 120/160= 75%
Allocation:
Lamination= 200,000*0.25= $50,000
Molding= 200,000*0-75= $150,000
