Answer:
[D] The offer of paying the salary for the services of an analyst from the research department.
Explanation:
Soft dollars, also known as brokerage, include any dollars retained on a trade to be used for services for the client's benefit. When brokerage firms pay for research services through commission revenue rather than a direct payment, this arrangement is termed soft dollar payments. The above example shows direct payment of an analyst from the research department rather than through commission revenue.
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That’s your answer!!
5/10 net 60 means there is a 5% discount if paid within ten days, and the full amount is due within 60 days.
<u>If she pays in 10 days:</u>
3256 - (.05 * 3256)
3256 - 162.80= $3093.20
<u>If she pays in 60 days: </u>
Full balance of $3256 is due