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TEA [102]
2 years ago
5

In processing orders, an operations professional sees that a customer purchased $24,999 in mutual fund shares today. The operati

ons professional discovers that a reduced sales charge would have been available to the customer had the customer purchased just one additional share of the fund. In a scenario such as this, the RR handling the account may have committed which of the following violations?
Fraud
Breakpoint sale
Wash Sale
Trading ahead
Business
1 answer:
bulgar [2K]2 years ago
3 0

Answer:

The answer is: Breakpoint Sale

Explanation:

A breakpoint sale  violation occurs when a RR sells mutual fund shares to a client and doesn't disclose reduced sales charges that the client would qualify for if they had bought just a few more shares. In this case the client could have qualified for a discount if he had just bought one more share, and could have saved money instead of paying higher charges.

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A property seller empowers an agent to market and sell a property on his behalf. what is this an example of
aev [14]
It is an example of special agency. It enables the bond of the broker and the principle in which they have a contract of having little control of each other and responsibility. These agency are hired by the seller to be able to reach out for others in selling the seller's property, allowing them to do what they are capable of but the seller has only little control of the broker.
3 0
3 years ago
Your boss has asked you to email a client to let her know that the company will be late in delivering a report she’s requested.
Vika [28.1K]

Generally, it is important to be upfront, express regret that the company can't meet the deadline, and tell the customer how the problem will be fixed.

4 0
3 years ago
ExxonMobil uses a(n) _____ appeal when it explains technical aspects of its products, such as lithium ion batteries, hydrogen te
solniwko [45]

Answer:

D. Informational

Explanation:

Informational appeal is a form of advertisement in which a producer or marketer explain his/her products to viewers and target customers. It gives a brief highlight to the benefit a consumer will get from using the specifit product. It elucidates and shines more lights on a products attributes, benefits and characteristics. When ExxonMobil explains areas on lithium ion batteries, hydrogen technology, biofuels, and CO2 capture technologies, they are using information appeal.

7 0
3 years ago
Carrie Tune will receive $31,000 for the next 11 years as a payment for a new song she has written. Use Appendix D for an approx
r-ruslan [8.4K]

Answer:

$184,068.70

Explanation:

Given that

Annual payments = $31,000

Discount rate = 12%

Time period = 11 years

The computation of the present value is shown below:

= Annual payments  × PVIFA factor for 11 years at 12%

= $31,000 × 5.9377

= $184,068.70

Simply we multiplied the annual payments with the PVIFA factor so that the present value could arrive

Refer to the PVIFA table

6 0
3 years ago
Cash flows of two mutually exclusive projects are as follows. Project A costs $80,000 initially and will have a $15,000 salvage
son4ous [18]

Answer:

C. The present worth of project A is -$143,252.17

Explanation:

Present worth can be calculated using a financial calculator

For method A ,

Cash flow in year 0 = $80,000

Cash flow in year 1 and 2 = $30,000

Cash flow in year 3 = $30,000 - $15,000 = $15,000

I = 10%

Present worth= $ 143,335.84

For method B,

Cash flow in year 0 = $120,000

Cash flow in year 1 and 2 = $8, 000

Cash flow in year 3 = $8,000 - $40,000 = $-32,000

I = 10%

Present worth = $130,157.78

Method b would is chosen because it worth less.

To find the present worth using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

4 0
3 years ago
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