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fenix001 [56]
3 years ago
11

If the Mayor of Little Rock, Arkansas is also a director of a Little Rock municipal securities dealer, which of the following st

atements are TRUE regarding the municipal securities dealer recommending the purchase of Little Rock G.O. bonds?
I A control relationship existsII A control relationship does not existIII Recommendation of the securities is prohibitedIV Recommendation of the securities must be accompanied by a disclosure of the nature of the relationshipA. I and IIIB. I and IVC. II and IIID. II and IV
Business
1 answer:
riadik2000 [5.3K]3 years ago
4 0

Answer: B. I and IV

Explanation:

A CONTROL RELATIONSHIP is defined as a situation where an issuer is controlled by the DEALER, or the Dealer is controlled by the Issuer, or there common control between the Issuer and Dealer of the security. As Mayor of Little Rock and also the Director of the Municipal Dealer, there is definitely a CONTROL relationship going on.

The Municipal Securities Rulemaking Board (MSRB) requires that when a control relationship exists between a municipal securities dealer and the issuer whose bonds are recommended by that dealer, the nature of the relationship must be DISCLOSED to the customer.

Hence option B is correct.

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3 years ago
A client has asked for your help to set up a recurring transaction. She wants to create a recurring sales receipt. This is the p
blagie [28]

Answer:

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Explanation:

QuickBooks is an online accounting tool useful for companies to have their record-keeping transactions in the cloud. QuickBooks allows access to financial information using mobile devices and provides different features among the most important having automated transactions.

To create a new automated transaction, the user must follow these steps:  Choose the Gear icon > Recurring Transactions > New > Transaction Type. Among the transaction types available we can identify billing, deposits, transfers, and purchase orders.

8 0
3 years ago
The price-demand and cost functions for the production and sales x BBQ grills are given as p ( x ) = 410 − x / 6 C ( x ) = 5900
snow_tiger [21]

Answer:

(a)   R(x)=410x-\frac{x^{2}}{6}

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Explanation:

Price:p(x)=410-\frac{x}{6}

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(a) Revenue, R(x) = Price × Quantity

                    =410-\frac{x}{6}\times x

                    =410x-\frac{x^{2}}{6}

(b) profit = R(x) - C(x)

              =410x-\frac{x^{2}}{6}-5900 - 130x

                       At x = 1150

=410(1150)-\frac{1150^{2} }{6}-5900-130(1150)

= 471,500 - 220,416.67 - 5,900 - 149,500

= 95,683.33

7 0
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Answer:

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