It could be slavery or a Volunteer, it depends if it is willingly. I am pretty sure it is volunteer.
I'm not positive about this, but try C.
Answer:
Compute present value of periodic lease payments.
Annual interest rate is 5% (Semi-annual is 2.5%)
Lease period is 2 years (4 semi annual lease terms)
Present value of periodic lease payments = lease rental * PVAF (r,n)
= $59,000 * PVAF (2.5% , 4)
= $59,000 * 3.76197
= $221,956
Journal Entries are in attachment
Answer:
That statement is false.
Explanation:
It's the other way around.
The licensing and regulation of financial advisers is actually a way for government to protect customers from unqualified 'financial firms' that might screw them over.
Without any licensing or regulation, any people could pretend to be a financial advisers and trick people to put their money in their firms.
In order to obtain a license as a financial advisers, you need to pass the test called <u>Investment Company and Variable Contracts Products Representative exam, </u>
Obtaining this license means that you're knowledgeable enough in finances and has the credibility to give safe/correct advice for the customers.