Answer:
B. Broker-dealer representative.
Explanation:
The Uniform Securities Act defines a broker-dealer, it defines a representative of a broker-dealer, it defines an investment adviser, and it defines an investment adviser representative. So Overall, the term not specifically defined under the securities act is broker-dealer representative.
Answer:
Profits: $297,000
Explanation:
Revenue is the money generated by a business by selling its products and services to customers. Expenses are the cost incurred in the production and selling of goods and services.
Profits arise when revenues exceed expenses.
For Malinda Auto dealership, the revenue ($895,000) exceed expenses($598,000). Therefore, the business will realize a profit.
Profit = revenue - expenses
=$895,000 -$598,000
=$297,000
Answer:
option (d) increases by $1,000
Explanation:
Data provided in the question:
Increase in gross pay = $500
Increase in total employee benefits = $200
Decrease in total job expenses = $300
Now,
The change total employment compensation
= Increase in gross pay + Increase in total employee benefits + Decrease in total job expenses
= $500 + $200 + $300
= $1,000 (Here, the positive value means an increase )
Hence,
The answer is option (d) increases by $1,000
Answer:
(A) Payback period for the machine= 3.5 years
(B) Simple rate of return for the machine= 87.5%
Explanation:
Alesu corporation is considering purchasing a machine that would cost $283,850
The useful life is 5 years
The machine would reduce cash operating costs by $81,100 per year
The salvage value is $107,100
(A) The payback period for the machine can be calculated as follows
= cost/amount of cash flow
= 283,850/81,100
= 3.5 years
(B) The simple rate of return for the machine can be calculated as follows
First we calculate the depreciation expense
= 283,850-107,100/5
= 176,750/5
= 35,350
Annual incremental income= cost savings -depreciation expenses
= 283,850-35,350
= 248,500
Simple rate of return = annual incremental income/cost × 100
= 248,500/283,850 × 100
= 0.875 × 100
= 87.5%