1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fofino [41]
3 years ago
9

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.

You might be interested in
The term Blank______ is difficult to define and apply to products, and one can think about it from an organizational, consumer,
Sliva [168]

<em>It can be </em><em>challenging to define and apply the term "new" </em><em>to items. One can consider it from an</em><em> organizational, consumer, or even legal standpo</em>int.

<h3>The meaning of "new product"</h3>

"New products" can include items that have never been produced or sold by your company previously but have been introduced to the market by others. new product innovations developed and released to the market. They could be wholly original works or previously released works that you have improved and updated.

<h3>What is a new to the company product?</h3>

Products that are new to the company, meaning that while other companies may have created or sold them before, the company has never done so. Products that have just entered the market and have never before been available there

learn more about new to the company product here <u>brainly.com/question/14094175</u>

<u>#SPJ4</u>

6 0
2 years ago
Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
djverab [1.8K]

Answer:

$24

Explanation:

500 * 18 = $9000 worth of stock initially.

She sells with a $3000 gain, which means the value of the stock is $12000

12000/500 = $24

7 0
3 years ago
"All of the following are reasons that implementing a new ERP may fail except
Andrews [41]

Answer:

D

Explanation:

ERP , an acronym for Enterprise resource Planning is a system adopted by organization to integrate different parts of the business either in real time or through software.

It has so many advantages towards business growth as well as limitations.

Of the listed options in the question ,the only exception to its limitation is that it may require procedures and reports to be standardized across business units, This is more of benefit than limitation.

4 0
3 years ago
The local electronics store is offering a promotion​ "1-year: same as​ cash," meaning that you can buy a tv​ now, and wait a yea
shtirl [24]

Answer:

$961.54

Explanation:

To calculate the real price of the TV you would have to determine the present value of the TV's price. The future price of the TV is $1,000 and your discount rate is 4% annual (the same as your bank), so the present value of the TV =

present value = future value / (1 + rate) = $1,000 / 1.04 = $961.54

3 0
3 years ago
Option 1
agasfer [191]

Answer:

option 2 sorry if wrong

6 0
3 years ago
Other questions:
  • Renata and Danuta would like to form a business providing take-out meals to homebound destitute residents of Las Vegas. The meal
    5·1 answer
  • Stated value of no-par stock is:
    12·2 answers
  • The newly discovered island of Mogran is in the process of setting up a new country and establishing a monetary system. The Mogr
    9·1 answer
  • "5. you are buying a property that will carry a $1,750,000 mortgage. your loan is interest only for 5 years but the interest rat
    8·1 answer
  • Astin Company has current assets of $82,530, total assets of $242,050, total net income of $58,240, current liabilities of $72,1
    11·1 answer
  • Home Day is a large supermarket. It recently launched its own brand of cereals called Fast Bites, equivalent to most national br
    11·1 answer
  • A good negotiator knows
    8·1 answer
  • Omega Enterprises budgeted the following sales in units:​
    5·1 answer
  • The sales manager is convinced that a 11% reduction in the selling price, combined with a $71,000 increase in advertising, would
    15·1 answer
  • 7 points Check my workCheck My Work button is now disabled1Item 3 A company with $795,000 in operating assets is considering the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!