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
emmasim [6.3K]
4 years ago
11

For an institutional investor to qualify as a "QIB" under Rule 144A, the institution must have at least: A $1,000,000 of assets

that it invests on a discretionary basis B $10,000,000 of assets that it invests on a discretionary basis C $100,000,000 of assets that it invests on a discretionary basis D $1,000,000,000 of assets that it invests on a discretionary basis
Business
1 answer:
True [87]4 years ago
6 0

Answer:

C) $100,000,000 of assets that it invests on a discretionary basis

Explanation:

For an institutional investor to qualify as Qualified Institutional Buyer (QIB) under Rule 144A of the Securities and Exchange Commission (SEC) it must:

  1. manage at least $100 million worth of securities
  2. the securities must come from issuers that are not affiliated with the institutional investor

In case of banks or savings and loans institutions, Rule 144A requires them to have a net worth of at least $25 million.  

You might be interested in
Passerine runs a tapestry shop in Rome, weaving historical images for the tourism industry. Lately, her arthritis has gotten wor
choli [55]
Passerine enhanced labor. 
4 0
3 years ago
Read 2 more answers
Lake Company recorded the following data for the month of January 20xx: Inventories January 1, 20xx January 31, 20xx Direct Mate
Allisa [31]

Answer:

A.Materials consumed in January = $31,000

B.Total Manufacturing Overhead Costs = $83,000

C. Cost of Goods Manufactured = $157,000

Explanation:

Direct Material $24,000 $23,000

Work in Process 18,000 15,000

Finished Goods 22,000 27,000

Net Sales Revenue $325,000

Direct Labour Costs 40,000

Indirect Labour Costs 45,000

Sales Commissions 15,000

Administrative Expenses 18,000

Direct Materials Purchased during January 30,000

Depreciation, factory 10,000

Factory Maintenance and Supplies 8,000

Utilities, (80% factory , 20% office) 25,000

General Office Salaries 12,000

A. Amount of direct materials used in January

Opening Direct Material $24,000

Add Purchased Direct Material $30,000

Less Closing Direct Materials $23,000

Materials consumed in January = $31,000

B. Manufacturing Overhead Costs:

Indirect Labour Costs 45,000

Depreciation, factory 10,000

Factory Maintenance and Supplies 8,000

Utilities, (80% factory) 20,000

Total Manufacturing Overhead Costs = $83,000

C. Cost of Goods Manufactured

Cost of Direct Materials Consumed = $31,000

Add :

Opening Work in Process $18,000

Less Closing Work in Process $15,000

Transfer to Finished Goods $3,000

Add Direct Labor Costs $40,000

Add Manufacturing Overhead Costs $83,000

Cost of Goods Manufactured = $157,000

4 0
3 years ago
Dunkin' donuts garners​ consumers' feedback and opinions to help determine which products to create. this is an example of the​
garri49 [273]
The answer to this question is: marketing
Through marketing, a company will develop some methods in order to penetrate the market and increase brand recognition among its potential customers.
Marketing team will use the data from the feedback in order to make future change for the product so it could be easily accepted by the customers
4 0
3 years ago
Read 2 more answers
a project has the activity duration and cost information indicated in the table where all times are in weeks. there is a penalty
Scrat [10]

Finishing this job could cost as low as $222,000 in total. If the project is finished in 45 weeks, the final cost will be $400,000. If the project is completed in 46 weeks, the overall cost will be $405,000. The project is finished in 45 weeks, which has the lowest overall cost.

This project can be finished for as little as $222,000 overall. This is so that there is no penalty if the project is finished in 45 weeks. A $5,000 fine is imposed if the project is finished in less than 46 weeks. Thus, completing the project in 45 weeks results in the lowest overall cost. Examining the costs associated with each action is one method to approach this. The first activity will cost $40,000 to complete. The second activity will cost $60,000 to complete. The third activity will set you back $80,000. The fourth action will set you back $100,000. The sixth activity will set you back $120,000. The project will cost $400,000 in total. The overall cost, if the project takes 45 weeks to complete, is $400,000. The whole expense is $405,000 if the project is finished in 46 weeks. Thus, completing the project in 45 weeks results in the lowest overall cost.

To know more about Cost, refer to this link:

brainly.com/question/20534030

#SPJ4

4 0
1 year ago
Full-service banks are authorized to conduct business without a license granted by the federal or state government.
mixas84 [53]

Answer:

B

Explanation:

(c) Any person who engages in the business of money transmission without a license as provided herein shall be guilty of a felony and, on conviction thereof, shall be fined not more than $25,000, or imprisoned for not more than 5 years, or both. (July 18, 2000, D.C. Law 13-140, § 24, 47 DCR 3431.) § 26–1024. Promulgation of rules.

I hope this helped.

7 0
3 years ago
Other questions:
  • When Beck joined his uncle's oil exploration company in east Texas, he was given several hundred shares of stock in the firm, an
    7·1 answer
  • Kim's Bridal Shoppe has 15,000 shares of common stock outstanding at a price of $11 a share. It also has 2,000 shares of preferr
    6·1 answer
  • Investor pete specializes in obtaining properties from investors in financial difficulty, what investment strategy does pete pra
    9·1 answer
  • What is the price of a $1,000 par 9 year, annual bond with a 8.1% coupon rate and a yield to maturity of 6.3%? (Show your answer
    12·1 answer
  • When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.
    6·2 answers
  • A company has $4,500 in its Revenue account at the end of a period. The expenses are as follows: Rent, $750; Utilities, $150; Sa
    10·1 answer
  • 3. Which of the following is the account title used to include
    13·2 answers
  • Suppose Carlos and Deborah are playing a game in which both must simultaneously choose the action Left or Right. The payoff matr
    10·1 answer
  • In the RYAN'S RUNNERS MINI CASE, Ryan decides to focus his attention on that segment of the market that is interested in running
    5·1 answer
  • Bulk heated Mac & Cheese can be held for _______ hours. Enter the exact number.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!