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Bingel [31]
3 years ago
11

Yesterday they received a cold call from a stockbroker wanting to sell them an initial public offering in a cable television com

pany. Jessica was worried because the broker promised a​ "no-lose guarantee." Should they invest with this type of​ broker? ​
A. They should definitely not invest with this or any other broker who makes cold calls promising unlimited returns or guarantees against losses for an investment.
B. They should definitely not invest with this or any other broker who makes cold calls promising unlimited returns or guarantees against losses for an​ investment, unless they can put the​ "no-lose guarantee" in writing.
C. They should definitely invest with this or any other broker who makes cold calls promising unlimited returns or guarantees against losses for an investment. These opportunities​ don't come around very often.
D. They should definitely not invest with this or any other broker who makes cold calls promising unlimited returns or guarantees against losses for an​ investment, unless the investment opportunities involve initial public offerings.
Business
1 answer:
worty [1.4K]3 years ago
8 0

Answer:

The correct answer is the option A: They should definitely not invest with this or any other broker who makes cold calls promising unlimited returns or guarantees against losses for an investment.

Explanation:

To begin with, the common people should never or at least the major of the times invest in with brokers who call directly to the person without even knowing them, due to the fact that there are plenty of broker who are not even legally registered and therefore that they can promised everything but later give nothing and even more it does not matter a writing condition due to the fact that most of the times there are always broker prepared for this type of situation.  

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If imports exceed exports, as in recent years, then __________ exists.
kari74 [83]
I believe the answer is a trade deficit
4 0
3 years ago
The traditional income statement for Pace Company shows sales $900,000, cost of goods sold $600,000, and operating expenses $200
Olin [163]

Answer:

net income = $100000

Explanation:

given data

sales = $900,000

cost of goods = $600,000

operating expenses = $200,000

variable = 70%

fixed = 30%

solution

 CVP income statement

sales =   $900,000

total variable cost = sales - ( cost of good sold ) - (operating expenses )

total variable cost = $900,000  - ( $600,000 × 70% ) - ($200,000 × 70%  )

total variable cost = $560000

and

contribution is $340000

fixed cost = ( cost of good sold ) - (operating expenses )

fixed cost = ( $600,000 × 30% ) - ($200,000 × 30%  )

fixed cost = $240000

so net income is = contribution - fixed cost

net income is = $340000  - $240000

net income = $100000

3 0
3 years ago
Andy Basil Industries Inc. reported the following information about the production and sale of its only product during the first
grandymaker [24]

Answer:

Cost of Goods Sold = $ 400,000

Explanation:

Units Sold = $360,000/ $225= 1600

Sales ​                                                                  $360,000

Direct materials ​$176,000

Direct labor ​$100,000

Variable factory overhead ​$44,000

Fixed factory overhead ​$80,000

Total Manufacturing Costs   $ 400,000

Variable selling and administrative expenses ​$20,000

Fixed selling and administrative expenses ​$10,000

Cost of Goods Sold = $ 400,000

As ending Inventory Finished Goods is 400 units it is not included in the Cost of Goods Sold.

3 0
4 years ago
Sheridan Company is planning to sell 900 boxes of ceramic tile, with production estimated at 670 boxes during May. Each box of t
lisabon 2012 [21]

Answer:

$3,685

Explanation:

Calculation to determine the total amount to be budgeted for manufacturing overhead for the month

Using this formula

Total budgeted for manufacturing overhead =(Estimated boxes)(Quarter Hour Direct labor)(Per hour cost)*(Overhead applied rate)

Let plug in the formula

Total budgeted for manufacturing overhead =(670) (.25) ($20) (1.1)

Total budgeted for manufacturing overhead =$3,685

Therefore the total amount to be budgeted for manufacturing overhead for the month is $3,685

5 0
3 years ago
Projects that compete with one another, so that the acceptance of one eliminates the others from further consideration are calle
Alexus [3.1K]

Answer:

The answer is B.

Explanation:

In capital budgeting, Companies evaluate the proposed projects at hand. Due to the paucity of fund, all projects wont be selected even if they all have positive net present value is the main determinant in choosing project to invest in.

Mutually Exclusive projects are projects that are competing with one another in which only one will be selected and once this particular project is selected the rest wont be considered again.

Whereas, independent projects are those projects that do not compete with any other project. Its cash flow does not have a negative impact on the others

7 0
3 years ago
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