Answer:
Quarterly
Explanation:
According to the provisions of the Investment Advisers Act of 1940, in the case when an advisor takes the customer custody in term of funds or securities so the account statement must be sent to the customer on the a quarterly basis i.e. four times in a year. Here four times means every three months
therefore as per the given situation, the quarterly is the answer
Answer:
conceptual skills
Explanation:
Conceptual skills are skills developed by an individual which helps them to understand complex issues and creatively develop a solution or solutions that will successfully deal with the situation. It is a skill that helps in finding solution to difficult situations using innovative approach. People with such skill are considered valuable especially in the field of management. Someone with conceptual skills must have ability or skills in critical thinking, decision making, paying attention to details, etc.
Answer:
Private brands tend to be cheaper than name brand goods
Explanation:
Answer:
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
Explanation:
Use the formula of Debt coverage ratio to calculate the return that property should generate for required Debt coverage ratio.
Debt Coverage Ratio = Net Income / Loan amount
1.4 = Net Income / $100,000
Net income = $100,000 x 1.4
Net income = $140,000
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
