Answer:
a. Custodial fund
Explanation:
Custodial transaction and fund refers to the transaction, in which there is a beneficiary and a responsible. The responsible person manages the transactions of custodial account, and takes proper care of return and investment on such account.
This is basically an agency service as the person who is beneficiary is just depositing the amount top be invested which is then taken care of as an agent.
The correct option is a.
Custodial Fund.
Answer:
$1,521,800
Explanation:
The computation of cost basis is shown below:-
Three cells cost price = 3 × $470,000
= $1,410,000
Combination of rate charges = $30,000 + $16,000 + $39,000 + $3,600
= $88,600
Wages of one foreman = wage per hour × weeks worked × hours per week
= $29 × 5 × 40
= $5,800
Wages of 4 foremen = 4 × $5,800
= $23,200
Three cells cost basis = Three cells cost price + Combination of rate charges + Wages of one foreman
= $1,410,000 + $88,600 + $23,200
= $1,521,800
A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.
<h3>What is international trade?</h3>
International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.
The three types of international trade are:
- Export Trade
- Import Trade
- Entrepot Trade.
Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.
Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412
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Answer:
= $2,748
Explanation:
Number of shares purchased = 400
Price per share (a year ago)= $24.15
Total price paid a year ago = 400*$24.15 = <em>$9,660 </em>
Annual dividend per share = $1.82
Total dividend earned = 400 * $1.82 =<em> </em><em>$728</em>
Price per share (today)= $29.20
Proceeds from sale of shares today = 400*$29.20 = <em>$11,680</em>
Next, find total dollar return;
<em>Total dollar return</em><em> = </em>Total dividend earned + Proceeds from sale of shares today - Total price paid a year ago
= <em>$728+ $11,680 - $9,660 </em>
<em>= $2,748</em>
