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3 years ago

According to the Investment Company Act of 1940, the definition of "investment company" could include which of the following

Business

1 answer:

kicyunya [14]3 years ago

7 0

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

Brokers/dealers can not be considered as an investment company because they are not the company.

Pooled investments in metals are not an investment company but considered as the commodity pool.

Insurance companies are also not investment companies.

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On January 2, 2009, L Co. issued at par $20,000 of 4% bonds convertible in total into 1,000 shares of L's common stock. No bonds

MrRissso [65]

Answer:

The correct answer is $1.2 per share.

Explanation:

According to the scenario, the computation of the given data are as follows:

Interest expense of Bonds = $20,000 × 4% = $800

Now, Interest expense of Bond, After tax = $800 × ( 1 - 50%) = $800 × 0.50

= $400

So, we can calculate the diluted earning by using following formula:

Diluted Earning = (Net income + Interest expense after tax) ÷ Total outstanding shares outstanding

Where, Total outstanding shares = 1,000 shares + 1,000 shares = 2,000 shares

By putting the value, we get

Diluted earning = ($2000 + $400 ) ÷ 2,000

= $1.2 per share

4 0

2 years ago

Suppliers can contribute ideas for product improvement or increased development efficiency.

Alchen [17]

Hello,

Here is your answer:

The proper answer to this question will be option B "false". Thats because suppliers are the people that are paid to deliver the goods (or products) to a business. He or she has no input about how to run the business!

Your answer is B.

If you need anymore help feel free to ask me!

Hope this helps!

3 0

2 years ago

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency i

Crank

Answer:

The answer is B.

Explanation:

Taxes are compulsory payment levied by a government of a country. It is not voluntary.

We have direct and indirect tax.

Direct taxes are those taxes that are imposed on individual and company. A company is charged at a rate after its profit is known. An individual earning salary is charged before the salary is collected.

Indirect taxed are those levied on goods and services. These types of taxed are pass on to the consumers in form of price of goods.

Tax is mandatory for everyone. Its a revenue for government

5 0

3 years ago

Farmers Produce, Inc., and Growers Market enter into a contract for the delivery of locally grown fruits and vegetables. The par

inn [45]

Answer:

correct option is a. not fully integrated

Explanation:

As per given in question we know Farmers Produce and Growers Market case delivery locally grown fruit and vegetables

so here it is a critical aspect to certain that all deals point discussed to be enter in to the final contract

and that the word precisely reflect the deal is a fully integrated contract that will have a clause

clause = Entire Agreement

clause = Integration

so here correct option is a. not fully integrated

6 0

2 years ago

Which of the following types of machine guard is generally preferred because of its simplicity and durability?

laiz [17]

Answer:

b) Fixed

Explanation:

Fixed guards are permanent parts of a machine. These guards are preferable because they're simple and permanent. Interlocked guards automatically shut off or disengage power through a tripping mechanism when it is opened or removed.

6 0

2 years ago