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inn [45]
4 years ago
9

A registered representative presents a seminar to a group of 35 prospective retail investors about investing in mutual funds. At

the seminar, he makes recommendations of various funds, based on their objectives and performance. The seminar is defined by FINRA as:StatusA A. correspondenceStatusB B. an internal memorandumStatusC C. advertisingStatusD D. sales literature
Business
1 answer:
Lelu [443]4 years ago
7 0

Answer:

"D"

Explanation:

Sales literature is a marketing approach strategy where apart from advertisements , a marketer uses collection of different materials like brochure , specification sheets ,price lists in enlightening customers towards making buying decision

Under the FINRA rule 2210, it must be delivered to more than 25 prospective clients.

Where it is providing testimonial concerning certain investment performance,it must disclosed that

  • the testimonials do no belong to others
  • it is no guarantee of future performance
  • if more than a nominal sum is paid and the fact that it is a paid testimonial
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Which of the following best describes the objectives of the Monetary Policy?
tamaranim1 [39]

Answer:

d. managing or manipulating the money supply in the economy

Explanation:

i feel like it's D

8 0
3 years ago
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________ is the movement to protect the valid interests of consumers and is a major force in small business today.
andre [41]
Consumer protection is the movement to protect the valid interests of consumers and is a major force in small business today
7 0
3 years ago
Sally has invested $10,000 now and wants to earn a real interest rate of 10% per year. Assume that the inflation rate is 7% per
hodyreva [135]

Answer:

Results are below.

Explanation:

Giving the following information:

Inflation rate= 7%

Real rate of return= 10%

Present value (PV)= $10,000

Number of periods (n)= 10 years

<u>The real rate of return incorporates the effect of the inflation rate. Therefore, the nominal rate of return:</u>

Nominal rate of return= 0.1 + 0.07= 17%

<u>To calculate the Future Value, we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 10,000*(1.17^10)

FV= $48,068.28

This is the n<u>ominal valu</u>e received after ten years.

<u>If Sally wants to determine the real value of the investment after 10 years, we must use the real rate of return:</u>

<u></u>

FV= 10,000*(1.1^10)

FV=$25,937.42

4 0
3 years ago
The maximum production of an oil refinery is 1400 barrels per day. The refinery can produce two types of fuel: gasoline and heat
qwelly [4]

Answer:

Maximum total profit = $4,800

Explanation:

When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that it maximizes the contribution per unit of the scare resource.

Therefore the Company should allocate the budget cost  to maximize the profit per production cost. This is done as follows:

Calculate the profit per budget cost and rank the product

                                              Gasoline      Heating oil

Profit per product cost         3/6=0.5                    4/8= 0.5

The two products produce the same profit per dollar of cost which is $0.5. So, they are equally ranked.

So the total profit= the budget cost × profit per budget

                           = 9,600× $0.5 =$4,800

Maximum total profit = $4,800

7 0
3 years ago
Albright Company produces a variety of products, some in labor-intensive departments and some in heavily automated departments.
Elodia [21]

The given statement is TRUE

Explanation:

The global overhead rate is a standard overhead rate used by a company to transfer all of its overhead cost for production to goods or objects of cost. It is most widely used with simple cost models in smaller businesses.

In fact, the typical company prevents the use of a single overhead rate throughout the whole plane, instead using a small number of separately allocated cost pools with different overhead rates. In this way, the overall assignment is improved, but the time necessary to close the books is increased. There is a balance between a larger transparency effort to track and distribute multiple expense pools and the improved consistency of this additional effort in the financial statement.

3 0
4 years ago
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