Answer:
One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to
C) verify that the investment adviser still qualifies for SEC registration
Explanation:
Filing the annual Form ADV Part 1A gives the SEC and the state securities authorities information about the investment adviser's business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees. The form enables the SEC to register investment advisers and to obtain information from and about exempt reporting advisers.
Answer:
The Gross Domestic Product of the territory is $ 172 million.
Explanation:
The Gross Domestic Product (GDP), measured in monetary units, is the market value of all goods and services within a territory in a given period of time, usually annual, which is estimated by the following expression:
(1)
Where:
- Consumption.
- Business investments.
- Government expenditures.
- Government entitlements.
- Exports.
- Imports.
Please notice that positive sign represents money that has entered into the economy of the territory.
If we know that 
, 
, 
, 
, 
and 
, then the GDP of the territory is:
The Gross Domestic Product of the territory is $ 172 million.
Answer:
1. $5.62
2. $15,174
Explanation:
1. The computation of the cost of one unit of product under variable costing is shown below:-
Total product cost = Direct material + Direct labor + Variable overhead
= $123,000 + $93,000 + $65,000
= $281,000
Unit product cost = Total product cost ÷ Produced units
= $281,000 ÷ $50,000
= $5.62
2. The computation of cost of ending inventory under variable costing is shown below:-
Unsold at end = Unit produced - Unit sold
= 50,000 - 47,300
= 2,700
Cost of ending inventory = Number of units sold × Unit product cost
= $5.62 × 2,700
= $15,174
