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Mkey [24]
3 years ago
6

Which TWO of the following statements are TRUE when a broker-dealer executes a principal transaction?

Business
1 answer:
tigry1 [53]3 years ago
6 0

Answer:

C) II and III

  • Act as a dealer
  • Charge a mark-up or a mark-down

Explanation:

Dealers can purchase and sell securities on their own accounts, this is called position trading. When they carry on this type of transactions, they charge markups instead of commissions.

Brokers  act like agents, and they can only arrange a transaction between clients and they charge a commission for their work.

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Objectives of financial reporting to external investors and creditors include preparing information about all of the following e
sveta [45]

Answer:

Information used to determine which products to produce

Explanation:

Determination of products whose production is not yet decided is a managerial issue, and it is part of internal information that should be not delivered to external parties. Furthermore, this data usually is not accurate, so sharing outside would not be even recommended for this sole reason.

3 0
3 years ago
Pujols Lumber Yard has a current accounts receivable balance of $365,061. Credit sales for the year just ended were $6,842,109.
jeka94

Answer:

19.48 days

Explanation:

Calculation to determine How long did it take on average for credit customers to pay off their accounts during the past year

First step is to determine the receivables turnover for the company using this formula

Receivables turnover = Credit sales / Receivables

Let plug in the formula

Receivables turnover = $6,842,109 / $365,061

Receivables turnover = 18.74 times

Now let determine l the day’s sales in receivables using this formula

Days’ sales in receivables = 365 days / Receivables turnover

Let plug in the formula

Days’ sales in receivables = 365 days / 18.74

Days’ sales in receivables = 19.48 days

Therefore How long did it take on average for credit customers to pay off their accounts during the past year is 19.48 days

3 0
2 years ago
Gina wanted to tell her employees about the seminar, but she put the flyer in a stack of papers and forgot about it until after
omeli [17]

Answer:

Sender barrier is the correct answer.

Explanation:

8 0
2 years ago
how does international expansion provide companies with a competitive advantage? (select all that apply.)
Mariulka [41]

Companies also choose worldwide expansion to advantage an side over their competition. as instance, groups that enlarge in markets in which their competition do now not function often have a first-mover gain, which permits for them to construct robust emblem awareness with purchasers earlier than their competition can do so.

A company , abbreviated as co., is a prison entity representing an affiliation of people, whether herbal, prison or a mixture of both, with a selected objective. agency participants share a not unusual cause and unite to attain specific, declared desires.

An organization is a felony entity fashioned by a collection of individuals to engage in and operate a business—business or industrial—corporation. A agency can be prepared in numerous approaches for tax and economic legal responsibility functions relying at the company law of its jurisdiction.

Learn more about company  here:brainly.com/question/25818989
#SPJ4

6 0
1 year ago
Multidomestic firms provide _____ opportunities for ____ to participate in international activities. A. multiple; associates B.
Natalija [7]

Answer:B. fewer; associates

Explanation: Multidomestic firms are firms which uses different strategies in different Business environment,or society. Multidomestic firms identifies the need of the domestic Community and makes product or services to meet the needs of the local communities where they are located. The Multidomestic firms can be multinationals who adopts domestic strategic steps in the local or domestic communities where their firms are located. Most Multidomestic firms provide fewer opportunities for their associates to participate in international activities as they are concerned about the domestic Community.

8 0
3 years ago
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