A Money Manager is a person or Financial firm that charges customers based on a percentage of the assets under management.
A money manager is someone or a financial firm that manages the securities portfolio of a person or institutional traders. expert money managers do now not receive commissions on transactions; instead, they are paid based on a percent of property underneath management.
A financial firm approach any firm or fund that makes assignment capital or other investments, or that engages in funding banking, the mutual fund business, or the securities commercial enterprise.
A financial services organization is an enterprise or organization which manages, invests, exchanges, or holds money on behalf of customers.
The 4 maximum common sorts of economic establishments are business banks, brokerage firms, insurance organizations, and investment banks.
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
Year 2 Year 1
Net sales $651,500 $583,700
Cost of goods sold 389,300 360,920
Ending inventory 78,500 80,180
To calculate the inventory turnover, we need to use the following formula:
Inventory turnover= Cost of goods sold/ average inventory
Average inventory= (beginning inventory + ending inventory) / 2
Average inventory= 158,680/2= 79,340
Inventory turnover= 389,300/79,340
Inventory turnover= 4.91
Research their target market, meet supply and demand, be located in a good spot for business, make sure customer service is good
Answer:
$30,000 of taxable income
Explanation:
Given:
Total amount paid = $65,000
Face value of life insurance policy = $100,000
Surrender value receive = $95,000
Note: The amount received from the life insurance policy is non-taxable income but if any gain happens from the surrender of the policy, the amount of gain will be taxable.
Computation of Taxable income:
Taxable income = Surrender value receive - Total amount paid
Taxable income = $95,000 - $65,000
Taxable income = $30,000
Answer: False these are the things that draw in customers if they have good rates they would be happy to tell you.
