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3 years ago

One of your customer accounts is a trust account. The trustee of the trust is inexperienced in investing.

Business

1 answer:

Alinara [238K]3 years ago

7 0

Answer:

A) The duty to diversify the trust portfolio to reduce risk

Explanation:

The Uniform Prudent Investor Act (UPIA) requires trustees to make investments following the Prudent Person Rule. This means that trustees should invest the trust funds as if the trustee was a prudent person investing his/her own assets.

The best way to comply with the prudent person rule is to invest in a diversified portfolio that reduces risk.

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suppose that due to unfavorable growing conditions, this year’s global coffee crop was unusually small. what can we assume about

nekit [7.7K]

The short-run price elasticity of demand will be inelastic and the short-run price elasticity of supply will be inelastic.

Elasticity of demand measures the relationship that exists between price and quantity demanded.

Elasticity of supply measures how quantity supplied changes when there is a change in the price of a good.

Types of elasticity.

Elastic demand (supply): This means that demand (supply) is sensitive to price changes
Inelastic demand (supply): this means that demand (supply) does not respond to price changes. The coefficient of elasticity is less than one.
Unit elastic demand (supply): demand (supply) changes in equal proportion. The coefficient of elasticity is equal to one.

Factors that affect elasticity

The number of substitutes the good has: the more substitutes the good has, the more elastic demand is.
The length of time: demand (supply) is inelastic in the short run. In the short run, producers (consumers) do not have enough time to find suitable substitutes. In the long run, producers would have more time to search for suitable substitutes or shift to the production of other goods when compared with the short-run.
Ease of entry or exit into an industry: the more easy it is for firms to enter into an industry, the more elastic supply would be.

To learn more about elasticity of demand, please check:

7 0

2 years ago

Sawyer Industries began business at the start of the current year. The company planned to produce 25,000 units, and actual produ

valentina_108 [34]

Answer:

$208,000

Explanation:

The computation of the absorption-costing income is shown below:

As we know that

Net income = Gross profit - variable expense - fixed expense

where,

Gross profit is

= Sales - cost of goods sold

= (22000 units at $30) - (22,000 units at $14)

= $660,000 - $308,000

= $352,000

The $14 come from

= 8 + 150,000 ÷ 25,000

= 8 + 6

= 14

Now the variable expense is

= 22000 at $2

= $44,000

And, the fixed expense is $100,000

So, the net income is

= $352,000 - $44,000 - $100,000

= $208,000

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2 years ago

As a medium-sized grocery retailer, your marketing and merchandising teams find themselves at a constant disadvantage when negot

frutty [35]

Hence proved hope it will help you

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3 years ago

The ____, which said broadcasters must operate in the "public convenience, interest or necessity," became the foundation for all

Norma-Jean [14]

Radio Act of 1927 The FCC still uses this standard as part of its consideration when issuing broadcast licenses.

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3 years ago

Who is required to provide information through the "right to know" law?

Murrr4er [49]

Private Employers.

The Right to know law discusses workers rights to know about dangerous chemicals/substances in the workplace and is overseen by OSHA ..

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2 years ago