Answer:
A) Because Joe and Mike work for un-affiliated broker/dealers, they are not permitted to share or split commissions, making this arrangement un-acceptable.
Explanation:
Even though Joe and Mike are friends and know each other for a long time, in the real world where money has an almost divine status, they must follow the rules. Commissions can only be split between agents that work for the same broker-dealer firm and are registered to work in the same state. 
Since Joe and Mike work for unaffiliated broker-dealers, they cannot share clients or split commissions. Following the rules will not only help them professionally, but probably will help their friendship. 
 
        
             
        
        
        
2. The finance department is important in one company because it covers a wide range of activities from basic bookkeeping to providing financial information essential to the company's survival. Its role is to balance profit with cost also.
3. The marketing department plays a vital role in a company in representing the company's image and brand. They are the ones reaching out to customers, prospects, and investors.
4. <span>The customer service department's task is to keep the customers that the marketing department brought in satisfied. They handle problems, issues, queries that a customer may have, and the services they offer is extremely important for a company in a long-run.
5. In forming a new company, you will need to have workers and staffs in the marketing and finance department. Since a baby company will usually have a hard time entering a market, a skilled marketing staff is needed to market their products and services. To balance the cost of marketing and advertising also, you will need a proficient finance staff. With these two departments, you can slowly grow your company little by little.
6. Apple is an example of a very successful company in their chosen line of business. They offer <em>great customer service</em> and in-store experiences. They stay <em>two years ahead of their competitors</em>. They produce <em>easy to use </em>products which is, of course, a benefit to the customers. 
7. Top three reasons for the failure of a business: mismanagement - without proper planning or standards to follow a company would be in a chaos; poor accounting or financial decision making - money is what makes a business run, having inadequate knowledge in this area will seriously affect the business; location - is the location of the business convenient for customers? Your business can be great but the location also influences a company's success.
8. An example of an employee facing a conflict of interest is when he uses his position or involvement in that company for his own personal gain. To deal with this situation, a mediator or someone of higher rank can guide or supervise. Talking it out might help but to assure that such situation won't happen again, there must be sanctions or penalties imposed to the involved employee.</span>
        
             
        
        
        
At Equitable, We Believe That The Best Plan For The Future is One Tailored To You. Equitable Can Help You Plan for the Future, No Matter How
        
             
        
        
        
Answer:
a; 3%
b; 1%
Explanation:
To answer the question, we proceed as follows; 
Firstly, we compute the rate of return: 
The rate of return can be calculated using the CAPM model:
 According to CAPM, 
Rate Of return RE = Rf + β(Rm - Rf)
where, Rf = Risk free rate
Rm = Market return 
β = Risk co-efficient
RE = Cost of equity 
To find the rate of return, substitute 1% for risk free rate, 1.50% for market return and 2 for beta. 
Applying the CAPM model, we get;
 Rate of return = 0.01 + 2(0.015 - 0.01)
= 0.02 or simply 2%
Its firm's return due to the lawsuit is $1 million per $100 million initial equity; this means the increase is 1%. 
Therefore, the total return should be ;
Total return = 1% + 2% = 3%
If the settlement was expected to be $2 million and the actual settlement has a loss of $1 million, then the firm-specific return would be = 1% 
 Total return = 2% - 1%