Answer:
a. cannot be purchased through the IPO.
Explanation:
The Financial Industry Regulatory Authority (FINRA) does not allow purchase of IPO stock by insiders.
It states that no FINRA member firm should sell IPO shares to an account where a restricted person has an interest.
Restricted persons are defined as anyone that is employed by a broker or their immediate family.
So the spouse of the registered representative cannot be given an allocation in the IPO share sale.
Answer:
Debit Accounts receivable $2170
Credit sales revenue $2000
Credit State tax $120
Credit Local tax $50
Explanation:
When sales are made on credit, the entries required are debit Accounts receivable and credit Sales revenue.
Considering the taxes, the entries would then be grossed by the tax percentage and the grossed amount is debited to accounts receivable while the taxes are credited to the tax payable account.
State tax
= 6% * $2,000
= $120
Local tax
= 2.5% * $2,000
= $50
Total receivable
= $2000 + $120 + $50
= $2170
Accountability is a promise that a person or a group will be judged on how they perform or behave in relation to anything for which they are accountable.
Though more from the standpoint of oversight, the phrase refers to accountability. For instance, an employee might be in charge of making sure that a response to an RFP (request for proposals) complies with all the standards. Consequences may or may not occur if the work is not completed satisfactorily. Accountability, on the other hand, indicates that the worker is required to successfully complete the task and will need to at least justify their failure.
Learn more about Accountability here
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Answer:
11.7%
Explanation:
The required rate of return = (D1/ / price) + g
The required rate of return = (2.1 / 25) + 0.033
The required rate of return = 0.084 + 0.033
The required rate of return = 0.117
The required rate of return = 11.7%
Answer:
D. The team might feel that the leader does not trust their abilities
Explanation:
APEX
