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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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Indicate what components of GDP (if any) each of the following transactions would affect.
kvv77 [185]

Answer:

It will fall under Consumption if it is a commodity or non-capital good purchased.

It will fall under Investment if it is a capital good that was sold or purchased.

It will fall under Government Spending if the Government bought or paid for it.

It will fall under Net Exports if it involves the purchase of goods from another country or the sale of goods to another country.

You buy a new Toshiba computer  - CONSUMPTION AND NET EXPORTS.  

Toshiba is a Japanese Company.

Ford manufactures a Focus and sells it to Avis, the car rental company. INVESTMENT.

It becomes a capital good to Avis.

Dell sells a desktop computer from its inventory to the Johnson family . - CONSUMPTION and INVESTMENT.

The Desktop is considered a capital good as it can be an investment by the family to produce goods or services.

Aunt Jane buys a new house from a local builder.  INVESTMENT

Housing is a capital good.

The federal government sends your grandmother a Social Security check. - TRANSFER PAYMENT which means it is not to be included in GDP.

Texas hires public middle school teachers .  - GOVERNMENT SPENDING.

Texas will be spending to pay teacher's salaries.

You pay a domestic plumber for fixing a leak in your bathroom.  - CONSUMPTION.

Uncle Paul pays a domestic contractor for renovating his home - CONSUMPTION.

This is housing but it involves buying goods to change the appearance of the house not buying the house itself.

6 0
3 years ago
Tony, a production manager at Brighton Biometrics, needs to measure the performance of 10 subordinates. He writes their names on
prisoha [69]

Answer:

Alternation ranking method.

Explanation:

Tony, a production manager at Brighton Biometrics, needs to measure the performance of 10 subordinates. He writes their names on a paper and circles Paula's name as the best-performing employee of the group. He then circles Erma's name as the worst employee of the group. He rates the remaining employees as second best, second worst, and so on. In the context of methods of performance measurement, Tony is using the alternation ranking method.

This method basically ranks employees from the very best to the worst based on a particular trait. Choosing the highest down to the lowest until every one of them are ranked.

6 0
3 years ago
On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cos
Elodia [21]

Answer:

Debit Sales Returns and Allowances $500; debit Merchandise Inventory $150; credit Accounts Receivable $500; and credit Cost of Goods Sold $150.

Explanation:

Based on the information given the required appropiate journal entry to record the return on the books of the seller, in a situation were the goods can be sold to another customer is :

Debit Sales Returns and Allowances $500

Debit Merchandise Inventory $150

Credit Accounts Receivable $500

Credit Cost of Goods Sold $150

(To record the return on the books of the seller)

6 0
3 years ago
What are the benefits of "inventory pooling"? Establishing pools of inventory at each supplier and customer locationsCentralizes
PolarNik [594]

Answer:

The benefits of Inventory Pooling includes:

  • centralizing inventory into fewer locations thus reducing safety stocks and the amount of inventory needed in the supply chain.
  • Pulling back inventory when firms have too much at retail level.

Explanation:

inventory pooling is an operational strategy used to increase efficiency in stock management and analysis.

It is a supply chain tool that consolidates multiple inventory locations into a single one.

It is a centralized system that helps with stock keeping. It makes projections easier and helps manage shortfalls that may arise due to demand uncertainty.

It is cost effective by reducing cost of employing more staff and reduces the percentage error due to the centralized portal.

By reducing operational costs, profit is maximized.

8 0
3 years ago
You have an opportunity to carry a new brand of football. You estimate that you will sell 300 per week with a margin of $40 per
Ierofanga [76]
If a shopkeeper starts to sell the new football, their weekly margins would be:

300 x 40 = $12,000

However, the sales of the lower cost footballs will decrease by:

100 x 20 = $2,000 every week

Hence, the total margin we can generate by selling every week by selling the new footballs is:

12,000-2,000 = $10,000 

This means the shopkeeper should actually start selling new footballs since their shop will become more profitable

3 0
3 years ago
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