Answer:
No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.
Explanation:
Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
Answer:
Survival
Explanation:
One of the main goals or objectives of a business today is to survive. Survival as a goal can be as a result of legislation or business and environmental demands.
Survival is the ability of an organisation to maintain its share of the maket, competitveness as well as its earning capacity.
Other organisational objectives include: Growth and diversification, stability, organisational efficiency, prestige and recognition.
For an organisation to survive, it must strive to be different, positively different and this will include compliance to legislation (as stated in the question), continous market (SWOT) analysis and execution of new plans. This strategies will require if the need be, investment in new equipment, assets or even the training and recruitment of worker.
Answer: $36604.7
Explanation:
The net present value sometimes called the net present worth is applied to a series of cash flows that occurs at different times. Present value of a cash flow depends on time interval between now, the cash flow and on the discount rate. The net present value accounts for the time value of money.
The answer is $36604.7. The solution is attached.
The company will post a credit for any dividends due on that day.
<h3>What is a journal entry in accounting?</h3>
The date, credit and debit amounts, a brief description of the transaction, and associated ledger are included in each journal along with other information about each individual transaction.
A simple accounting entry only debits and credits one account. As a best practice, we recommend using simple journal entries that are easy to understand.
June 1 journal entry explains dividend credit payable account. The following is the journal entry made for the declared on:
Date Accounts Debit
1 - June dividends xxx
payable dividends
declared dividends
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Answer:
Future Value= $365,577.12
Explanation:
Giving the following information:
n= 24 years
i= 8%
Annual payments= $5,070
Because the payments are made at the beginning of the year, we need to include an additional interest period. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= {5,070*[(1.08^24)-1]} / 0.08 + {[5,070* (1.08^24)] - 5,070}
FV= 338,497.33 + 27,079.79
FV= $365,577.12
