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gladu [14]
4 years ago
14

A municipal dealer places an order for $100,000 of new issue G.O. bonds, M '45 with the syndicate manager. The bonds will be pla

ced in an "accumulation account" for a unit investment trust being established by the syndicate member. The priority accorded to the order by the manager will be:
Business
1 answer:
professor190 [17]4 years ago
8 0

Answer:

The options for the question is:

A. pre-sale net

B. syndicate group net

C. designated net

D. member takedown

Explanation:

The answer is D. member takedown

The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.

When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.

The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.

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A $375,000 bond issue on which there is an unamortized discount of $40,000 is redeemed for $320,000. Journalize the redemption o
Fudgin [204]

Answer:

The Journal entry is as follows:

Bonds payable A/c Dr. $375,000

   To Discount on Bonds payable            $40,000

   To Gain on redemption of the bonds   $15,000

   To Cash                                                   $320,000

(To record the redemption of the bonds)

Workings:

Gain on redemption of the bonds:

= Bonds payable - Discount on Bonds payable - Cash

= $375,000 - $40,000 - $320,000

= $15,000

7 0
3 years ago
To spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the
LekaFEV [45]

Answer:

Common market.

Explanation:

In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.

A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.

Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.

4 0
3 years ago
The generic types of competitive strategies include:
Vlada [557]

Answer:

The correct answer is D

Explanation:

GCS stands for Generic Competitive Strategy, which is a methodology designed or created in order to provide the companies or firm with the strategic plan so that to gain as well as complete the advantage within the market place.

There are 2 kinds or types of the generic strategies in order to achieve or accomplish the above average performance in the industry, those are focus, leadership, cost and differentiation.

So, the generic kind of competitive strategies comprise of broad differentiation, focused differentiation strategies, focused low-cost, low-cost provider and best-cost provider.

7 0
3 years ago
Why is Berkshire Hathaway underpreforming?
PIT_PIT [208]

Answer:

no sales

Explanation:

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2 years ago
The first step in the project control process for measuring and evaluating project performance is to:_______
Naddika [18.5K]

Answer:

A. Analyze the project budget.

Explanation:

The first step in the project control process for measuring and evaluating project performance is to Analyze the project budget. This has been agreed upon by all as the first necessary step as it allows you to know how much money you are working with and gives you and all those involved what may or may not be possible when designing the project.

7 0
4 years ago
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