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3 years ago

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A broker is an agent who:A. Trades on the floor of an exchange for himself or herself.B. Buys and sells from inventory.C. Offers

new securities for sale to dealers only.D. Brings buyers and sellers together.

1 answer:

Viefleur [7K]3 years ago

6 0

Answer:

D. brings buyers and sellers together

Explanation:

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The entry to establish a petty cash fund includes:___________

guapka [62]

Answer:

c) a debit to Petty Cash and a credit to Cash.

Explanation:

According to the golden rule of double of entry that a giver should be credited while a receiver is debited, the cash account is the giver in this case would be credited while the receiver,the petty cash account would be debited on the other hand.

The correct option which corroborates my explain above is option C.

Option A is wrong because the reverse was the case.

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3 years ago

Myers, who is single, has compensation income of $72,000 in 2020. He is an active participant in his employer’s qualified retire

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Answer

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Explanation:

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2 years ago

In 1989, Kodak chose a(n) _____ approach to outsourcing IS activities and chose to work with suppliers like IBM, DEC and Busines

zmey [24]

Answer:

B, Multivendor

Explanation:

Outsourcing is when a firm delegates or partners with one or more other firms to ease its stress in its tasks

Multivendor outsourcing is the type of outsourcing in which a firm works with multiple firms in its tasks. Multivendor outsourcing is a good way of outsourcing but it is more costly, task approval or communication process is slower, integration of components; compared to other outsourcing types.

Cheers

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3 years ago

On January 1, 2021, Tonge Industries had outstanding 480,000 common shares ($1 par) that originally sold for $30 per share, and

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Answer:

842,000 shares

Explanation:

Please the solution to the given problem in the file attached below

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3 years ago

Read 2 more answers

Taylor has a retirement account that pays 4% per year compounded monthly. Every month for 20 years, Taylor deposits $444, with t

cupoosta [38]

Answer:

Taylor can withdrawn 1,374.20 dollars each month

Explanation:

Timeline:

deposits of 444 for 20 years = withdrawals of X for 15 years

<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->

We must calcualte amount to satisfy:

future value of his deposits = present value of his withdrawals

We first need to get the future value of the retirement account

and then the PMT this fund can do.

<u>deposits future value:</u>

$C \times \frac{(1+r)^{time} -1}{rate} = FV\\$

C $ 444

time 240 (20 years x 12 months er year)

rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)

$444 \times \frac{(1+0.003333333)^{240} -1}{0.003333333} = FV\\$

FV $162,847.9340

<u>withdrawals PMT:</u>

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $162,847.93

time 180

rate 0.005

$162847.93 \div \frac{1-(1+0.005)^{-180} }{0.005} = C\\$

C $ 1,374.203

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3 years ago