Answer:
The options include:
[A] cannot implement the plan
<em>[B] can implement the plan
</em>
[C] can implement the plan only if no commissions are charged
[D] can implement the plan only if no management fee is charged
<em>[B] can implement the plan is Correct</em>
Explanation:
Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.
Answer:
number of periods = 8 years.
Explanation:
We know,
Future Value = Present value × 
Here,
Present value = PV = $2,500
Future value = FV = $3,500
Interest rate (Compounding) = 5% = 0.05
We have to determine how many years (Periods) it will take, n = ?
Putting the values into the above formula,
$3,500 = $2,500 × 
or, = $3,500 ÷ $2,500
or, n log 1.05 = 1.4
or, n × 0.17609 = 1.4
or, n = 1.4 ÷ 0.17609
Therefore, number of years = 7.95 or 8 years.
Answer:
c. $52,670
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per desk = (High cost - low cost) ÷ (Highest production - lowest production)
= ($82,700 - $63,300) ÷ (3,500 desk - 1,240 desk)
= $19,400 ÷ 2,260 desk
= $8.58
Now the fixed cost equal to
= High cost - (High production × Variable cost per desk)
= $82,700 - (3,500 desk × $8.58)
= $82,700 - $30,030
= $52,670
Answer:
Economy's marginal social benefit=$65
Explanation:
The economy's marginal social benefit can be calculated by getting the average of the individual marginal benefit.
This can be expressed as;
Economy's marginal social benefit=Sum of individual marginal benefit/Total number of individual's
where;
Sum of individual marginal benefit=John's marginal benefit+Nick's marginal benefit+Christina's marginal benefit=(80+50+65)=$195
Total number of individuals=3
replacing;
Economy's marginal social benefit=195/3=65
Economy's marginal social benefit=$65
Answer:
poverty,lack of AQ,others do it for fun
