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Simora [160]
3 years ago
14

One of your clients is a sophisticated 40 year old investor and has recently changed jobs. The client is considering rolling ove

r his $100,000 401(k) plan with his former employer to an IRA. He invests conservatively in his personal brokerage account which is now worth $150,000. but he wants to speculate in his IRA account investments because he feels that he can take risks since he won't need the money until retirement. What is the best advice a BOM should give a RR about this customer?
Business
1 answer:
elena55 [62]3 years ago
3 0

Answer:

The answer is: The customer's IRA assets should be considered as part of the customer's total portfolio and risk profile.

Explanation:

The branch office manager (BOM) should advice the registered representative (RR) that IRA assets are generally invested conservatively. But that is not always the case, since you must consider the customer's total investment portfolio. In this case, the investor has already $150,000 invested conservatively, so if he decides to invest $100,000 more aggressively, then it's OK. The customer's IRA assets should be considered as part of the customer's total portfolio and risk profile.

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The primary difference between product markets and factor markets is that
Dennis_Churaev [7]

Answer:

The primary difference between product markets and factor markets is that:

Product markets are markets related to products, goods, tangible finished items.  This is where you'll get your product for sale and where people will buy it.

while

Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills.  This is what you'll use (including raw materials) to make your product.

7 0
3 years ago
2 Points
Serhud [2]

Answer:

The minimum wage

Explanation:

5 0
3 years ago
Marcy's, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third-quarter
marysya [2.9K]

Answer:

Purchases is $3400  million

Explanation:

Cost of goods formula comes readily helpful in this case.

Cost of goods sold=beginning inventory+purchases-ending inventory

by arranging the formula,the purchases formula is given thus:

Purchases=cost of goods sold-beginning inventory+ending inventory

cost of goods sold is $2,900 million

ending inventory is $4,600 million

beginning inventory is $4,100 million

purchases=($2,900-$4,100+$4,600) million

purchases=3400  million

8 0
3 years ago
The Assembly Department of One Roof, Inc., manufacturer of computers, incurred $300,000 in direct material costs and $70,000 in
Papessa [141]

Answer:

D) $116.67 per EUP

Explanation:

To find out the equivalent unit of production (EUP) for conversion costs we have to divide the total conversion costs by the equivalent units produced:

EUP conversion costs = $70,000 / 600 units = $116.67 per EUP

The EUP for direct materials would = total costs direct materials / equivalent units produced = $300,000 / 1,000 units = $300 per EUP

Both fully completed units and partially completed units are expressed in terms of equivalent units of production.

6 0
2 years ago
The marginal benefit Colin gets from eating a fourth slice of pizza isA. the total benefit Colin gets from eating four slices of
julia-pushkina [17]

Answer:

A) the total benefit Colin gets from eating four slices of pizza minus the total benefit Colin gets from eating three slices of pizza.

Explanation:

Marginal benefit refers to the utility received from doing something one more time. When businesses want to measure marginal benefits, they simply measure the extra revenue generated by selling one more unit, that is why it is referred to as marginal revenue. But when individuals get a marginal benefit, we tend to use a unit called util, and the marginal benefit is how many utils do we get from consuming an extra unit of product.

8 0
3 years ago
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