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Romashka-Z-Leto [24]
3 years ago
6

broker-dealer based in New York has a Net Capital requirement of $100,000. The broker-dealer also has 2 branch offices in New Je

rsey and 1 branch office in Connecticut. Under Uniform State Law, the Net Capital requirement for this broker-dealer is:
Business
1 answer:
Lena [83]3 years ago
3 0

Answer:

$100,000

Explanation:

Data provided in the question

Net capital requirement = $100,000

Number of branch offices = 3

Based on the above information

The net capital requirement for this broker-dealer is $100,000. According to the uniform state law refers to the law in which there is uniformity or the same laws to be followed from state to state

Since the net capital is $100,000 so the same is to be considered in case of 3 branches offices as there is an existence of uniformity

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Cargo, such as trucks, that cannot be containerized because it is too large and won't fit in a traditional container or because
uranmaximum [27]

Answer:

C.  breakbulk cargo

Explanation:

Based on the information provided within the question it can be said that this type of cargo is called breakbulk cargo. Like mentioned in the question, this type simply refers to general cargo that does not fit into traditional shipping containers or cargo bins, or exceeds the weight maximum for containers and must be shipped separately. Such cargo can include oversized vehicles, boats, cranes, turbine blades, ship propellers, generators, or even large engines.

7 0
2 years ago
Read 2 more answers
1. A parent sells merchandise to its subsidiary at a markup of 20% on cost. In the current year, the subsidiary had $120,000 in
NARA [144]

Answer:

The subsidiary reports cost of goods sold at A. $660,000.

Explanation:

Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:

Cost of goods sold = Opening inventory + Purchases - Closing inventory

The subsidiary calculates its cost of goods sold as follows.

Opening inventory           $120,000

Add: Purchases                $720,000

Less: Closing inventory    ($180,000)

Cost of goods sold           $660,000

Therefore, the correct option is A. $660,000.

6 0
2 years ago
Which measure of central tendency would a baseball manager be most likely to rely on in picking a pinch hitter in a tie game
Helen [10]

Answer:

mean

Explanation:

5 0
2 years ago
Shocker Associates sold office equipment for cash of $162,000. The accumulated depreciation at date of sale amounted to $123,000
siniylev [52]

Answer:

Original Cost of asset = $269,000

Explanation:

Provided information,

We have been provided that selling value of equipment = $162,000

Gain recognized on sale = $16,000

Gain = Selling price - Book Value

$16,000 = $162,000 - Book Value

Book Value = $162,000 - $16,000 = $146,000

Accumulated Depreciation = $123,000

Book Value = Original Cost - Accumulated Depreciation

$146,000 = Original cost - $123,000

$146,000 + $123,000 = Original Cost = $269,000

8 0
2 years ago
Suppose France can produce four phones or three computers with one unit of labor, and Sweden can produce one phone or two comput
lesya [120]

Answer:

Option (a) is correct.

Explanation:

France can produce four phones or three computers:

Opportunity cost of producing one phone = (3 ÷ 4)

                                                                      = 0.75 computers

Opportunity cost of producing one computer = (4 ÷ 3)

                                                                      = 1.33 phones

Sweden can produce one phone or two computers:

Opportunity cost of producing one phone = (2 ÷ 1)

                                                                      = 2 computers

Opportunity cost of producing one computer = (1 ÷ 2)

                                                                      = 0.5 phones

Therefore,

France has a comparative advantage in producing phones because of the lower opportunity cost of producing it than Sweden. France should specialize in producing phones and import computers from Sweden.

Sweden has a comparative advantage in producing computers because of the lower opportunity cost of producing it than France. Sweden should specialize in producing computers and import phones from France.

5 0
3 years ago
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