Answer:
Under NASAA's Statement of Policy on Dishonest or Unethical Business Practices of Broker/Dealers and Agents, which of the following is NOT considered when determining excessive trading in a client's account:
C) Length of association with the agent.
Explanation:
- NASAA stands for The North American Securities Administrators Association that ensure the safety of the investor.
- The option a, b and d are not correct as the Under the NASAA's statement of policy of dishonest or unethical business practices of broker/dealers and agents, investment objectives of the client, financial status of the client as well as the character of the account are considered.
- The option c is correct as length of association with the agent is not the concern of the NASAA so it is taken into the consideration.
Answer:
a road map for the marketing activities of an organization for a specified future time period, such as one year or five years.
Explanation:
A business objective is defined as measurable achievements a company wants to attain within a given period of time.
It acts as a compass that shows that activities are on track to realise business goals.
The steps to get a favourable result are outlined, resources to be used are usually stated and a time frame given to get results.
Goals on the other hand are general results that a company wants to attain. Objectives are more specific.
Answer:
Net cash flows from financing activities is $24,000
Explanation:
Cash flow from financing activities:
Proceeds from stock issue $20,000
Dividends ($5,000)
Sale of treasury stock $9,000
net cash flow from financing activities $24,000
The issue of long-term note payable of $35,000 does not involve an actual movement of cash,hence has zero impact on the cash flow from financing activities.
The dividends payment has negative sign because it is an outflow of cash unlike others that cash inflows.
Elastic.
This is
the formula for elasticity:
Elasticity
= (Quantity variation/Quantity)/(Price variation/Price)
Inelastic
demand is the one in which a variation in price doesn’t lead to an important
variation in the quantity bought by consumers. So, in the formula, numerator is
much smaller than denominator, so the fraction is lower than 1. That happens
with necessary goods (typically, food).
On the
contrary, elastic demand is the one in which a variation in the price leads to
an important variation in the quantity bought by consumers, and that means the
fraction is higher than 1. So if I sell the product at a lower price, I will
sell much more product.
Considering the formula:
R = P*Q, when demand is elastic,
I will
have much more sold quantity with just a little lower price, which leads to a higher
revenue.
Answer: An investment of $40,000 to generate 2,000 conversions and a CPA of $20.
Explanation:
For molly to achieve her marketing goal, which is centered around making more sales and more profit. She would be needing and investment of around $40,000, as this amount would help generate a conversion of 2000 and a CPA in the region of $20.
