Answer:
The investment adviser first buys the shares for its customer accounts and then places the order necessary to buy the shares for its proprietary account
Explanation:
Since buying a large position for the adviser's customers might tend to push the price of the stock up, the adviser cannot benefit from this by "front running" the customer orders by placing an order to buy the stock for its proprietary account just before placing the big customer orders to buy. The best procedure is to buy the stock for the customers first and then for the adviser's proprietary account. Remember that the adviser is a fiduciary who must place his clients' interests first.
The cost of rainforest preservation can be lowered for developing countries by the development of alternative rainforest products.
Answer:
EU materials: 434.040
EU conversion: 412,632
Explanation:
W/a method count the complete units plus the percnetage of completion in the ending work in process intventory.
Materials:
transferred-out (completed) 411,000
ending WIP inventory
32,000 x 72% = 23,040
Equivalent untis materials: 434.040
Conversion:
transferred-out (completed) 411,000
ending WIP inventory
32,000 x 51% = 1,632
Equivalent untis conversion: 412,632
Answer:
D. Management Information Systems.
Explanation:
Management information system may be defined as it is the system of information which is to be used for the purpose of making the decision, coordinating, controlling, analyzing and visualization of information in an organization.
Therefore the learning of the management information system includes person, technology and process in an organizational context.
While value chain may be defined as it the primary activity and support activity that add values to the customers.
Answer:
Cost of common equity is 15.7% and WACC is 7.2%
Explanation:
D1 is
D1= 2.25 (1+0.05)
The cost of common equity is
Rs = 2.36/ 22.00 + 5% =0.157= 15.7%
The cost of common equity is weighted average cost of capital (WACC)
WACC = (0.35) * (0.08) (1- 0.40) + 0 preferred stock+ (0.35) * (0.157)
WACC = 0.03 *0.6 + 0 + 0.054
WACC = 0.018 + 0.054
WACC = 7.2%
