Answer:
[B] To protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Explanation:
A stockbroker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
The SEC, an acronym for Securities and Exchange Commission was created under the Securities Exchange Act of 1934. The Act empowered the SEC to require registration of securities, security exchanges, and reporting by publicly owned firms.
Hence, a principal purpose of the Securities Exchange Act of 1934 is generally considered to be to protect the public against unfair and inequitable practices in the over-the-counter market and on stock exchanges.
Answer:
sales might decrease by $287,000 - $189,000 = $98,000 and the company will still break even
Explanation:
gross profit = net income + fixed costs = $35,280 + $68,040 = $103,320
COGS = total sales - gross profit = $287,000 - $103,320 = $183,680
contribution margin ratio = $103,320 / $287,000 = 36%
break even point in $ = $68,040 / 36% = $189,000
sales might decrease by $287,000 - $189,000 = $98,000 and the company will still break even
Nancy, who was a Viagra saleswoman in Utah before moving to Florida, would be considered <u>frictionally unemployed</u>.
<h3>What is frictional unemployment?</h3>
Frictional unemployment exists in a situation when a person could be gainfully employed but decides to seek employment elsewhere.
The movement from employed status to seeking employment creates frictional unemployment.
Thus, Nancy, who was a Viagra saleswoman in Utah before moving to Florida, would be considered <u>frictionally unemployed</u>.
Learn more about frictional unemployment at brainly.com/question/11481076
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Answer:
If Product B is dropped, the total operating income of the company will increase from $5,200 to $7,800.
Explanation:
If Product B isdropped, the total fixed cost will reduce from $5,200 to $3,200 = ($5,200 - $2,000), while revenue and variable cost of Product B is 0.
The operating income is $7,800 = (revenue of $18,000 – variable cost of $7,000 – fixed cost of $3,200)
Fair trade<span> is a </span>social movement<span> whose stated goal is to help producers in </span>developing countries<span> achieve better trading conditions and to promote </span>sustainable farming.<span> Members of the movement advocate the payment of higher prices to exporters, as well as improved social and environmental standards.
Free trade is </span><span>the unrestricted exchange of goods among nations.</span>