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ValentinkaMS [17]
3 years ago
12

An existing client in her late 20s comes to the RR's office with her boyfriend. The couple are not married but they want to open

a JTWROS (Joint Tenants with Rights of Survivorship) account. They state that they would like to invest in very speculative, small-capitalization mutual fund comprised of international companies. Under these circumstances, the RR should
Business
1 answer:
oee [108]3 years ago
8 0

Answer:

1. As the RR, you should start acquiring all of the information needed to open the account from each joint owner.

2. Prior to purchasing the desired mutual fund, you should sit down with both joint owners and discuss the various risks associated with the investment.

Explanation:

In this situation, the RR must get all the relevant and important information that concerns opening the account and should also tell them the risks involved investing in such fund.

The RR should not just refuse to open the account because of risk he is not responsible for discussing what it means to open a JTWROS account.

Instead The RR has it as a duty to explain the implications of the JTWROS account to the client and her boyfriend

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Shirley Paul's 2-stock portfolio has a total value of $100,000. $37,500 is invested in Stock A with a beta of 0.75 and the remai
Allisa [31]

Answer:

Beta= 1.17

Explanation:

Giving the following information:

Shirley Paul's 2-stock portfolio has a total value of $100,000. $37,500 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42.

To calculate the Beta of the portfolio, we need to use the following formula:

Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)

Beta= (37,500/100,000)*0.75 + (62,500/100,000)*1.42

Beta= 1.17

6 0
3 years ago
Suppose 50 people come to a fast food take-out restaurant each hour. There are four employees, one at the register, two making t
-Dominant- [34]

Answer:

- 50  people/ 60 min= 0.833 people per minute

- Register = 60min per hour/ 30 sec Per hour = 120 orders per hour.

- Making the food = 60 min/ 1.5 min = 40 orders x 2 employes = 80 orders per hour

- Paking the food = 60 min/ 1 min per food = 60 orders per hour

- Complete service= 30 sec + 1.5 min/2 + 1 min = 2.25 min = 26 orders per hour  

- 24 people will stay in line

6 0
3 years ago
According to Orlando:_____.
Novay_Z [31]

Answer:

According to Orlando:_____.

(a) workers have obligations to, but are owed consideration by, their employers.

Explanation:

Workers are employed by their employers to carry out their obligations as per instruction.  They owe the duty of reasonable care to their employers.    They are supposed to be honest in their dealings with their employers.  Workers are also required to take safety and health measures to protect themselves and others from harm at the workplace.  For all these obligations, the employers of labor must pay adequate consideration to their workers and ensure their safety at work.

3 0
3 years ago
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
FromTheMoon [43]

Answer:

a. 9,000; 10,000

Explanation:

The computation is shown below:

The money multiplier is

= 1 ÷ 0.10

= 10

Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.

And now if we considered the money multiplier, so it would be increased by

= $900 × $10

= $9,000

And, the increase in money supply is

= $9,000 + $1,000

= $10,000

Hence, the correct option is a.

4 0
3 years ago
Abbey Company completed the annual count of its inventory. During the count, certain items were identified as requiring special
masya89 [10]

Answer:

Here is the complete question with options: Abbey Company completed the annual count of its inventory. During the count, certain items were identified as requiring special attention. Decide how each item would be handled for Abbey Company's inventory.

item#1: Goods in transit shipped to Abbey(Purchaser) FOB destination:

item#2: Goods in transit shipped to Abbey(purchaser) FOB shipping point.

item#3: Goods in transit shipped by Abbey(seller) FOB destination.

item#4: Goods in transit shipped by Abbey(seller) shipping point.

Now, checking how these items are handled by Abbey company´s inventory.

item#1: Goods in transit shipped to Abbey(purchaser) FOB destination: Excluded from inventory as goods has not arrived to the buyer´s place, therefore, ownership will not be transferred.

item#2: Goods in transit shipped to Abbey FOB (purchaser) shipping point: Included in inventory as goods are shipped to shipping point, so ownership will be transferred if carrier accept the goods from the seller.

item#3: Goods in transit shipped by Abbey FOB(seller) destination: Included in the inventory as Abbey owns the goods while goods is in transit.

item#4: Goods in transit shipped by Abbey(seller) shipping point: Excluded from inventory as a seller, Ownership has been transferred from Abbey.

4 0
3 years ago
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