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3 years ago

A registered representative handling a fiduciary account must be aware of the fact that:________.

Business

1 answer:

rosijanka [135]3 years ago

3 0

Answer:

Investment decisions must be made in accordance with the prudent investor rule .

The Uniform Prudent Investor Act of 1994 displays the rules. Speculative positions are forbidden. Margin Trading is authorized only if allowed by beneficiary of account. Fiduciaries can charge reasonable fees for their service but may not be compensated as a share of profits.

Explanation:

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Schools should not be able to punish students for speech made outside of school because?

adoni [48]

Explanation:

Schools aren't in charge of what the student says outside of school. However, parents are. If there happens to be an issue, I believe that parents should be the ones creating the punishment.

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3 years ago

Playtown Corporation purchased 75 percent of Sandbox Corporation common stock and 40 percent of its preferred stock on January 1

Nesterboy [21]

Answer:

Elimination Journal.

Retained Earnings $210,000 (debit)

Common Stock $ 150,000 (debit)

Investment in Sandbox Corporation $270,000 (credit)

Non-Controlling Interest $90,000 (credit)

Explanation:

When dealing with consolidation of Financial Statements, the Equity and Retained Earning in the Subsidiary has to be eliminated from the records whilst the Investment in Subsidiary and the Non-Controlling Interest in Subsidiary are recognized.

Elimination of the common items in consolidation is done by the use of Pro-forma Journals.

Goodwill or Gain on Bargain Purchase are also recognized on the date of acquisition of subsidiary.

Goodwill is the excess of Purchase Price and Non-Controlling interest over the Net Assets Acquired.While Gain on Bargain Purchase is the excess of Net Assets Acquired over Purchase Price and Non-Controlling interest.

Elimination Journal.

Retained Earnings $210,000 (debit)

Common Stock $ 150,000 (debit)

Investment in Sandbox Corporation $270,000 (credit)

Non-Controlling Interest $90,000 (credit)

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3 years ago

Imagine you must fire an employee. What effect might the dismissal have on remaining employees? Explain how you would tell the e

Tanya [424]

Answer:

Well, it may cause workplace related stress if the remaining employees are forced to take on the fired employees workload, it may harm workplace moral due to losing a co-worker, but it may also encourage workers to work harder, fearing they may too lose their own job, but be cautious, this may also cause employees to start looking for new jobs, and you can lose skilled labor. if the employee was a burden, employees may be happier with their work environment.

Explanation:

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3 years ago

Halpert Hardware Pros, an American retail store, buys most of its inventory from Asian countries. Halpert Hardware Pros would be

Naddika [18.5K]

Answer: rose

Explanation: In the given case, Halpert hardware imports from asian countries,that is, they are on the buying side of the transaction. Therefore, if the value of dollar rises in relation to the currencies of countries from which halpert buys than they will be able to purchase more quantity with the same amount of dollars.

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3 years ago

In a student database, a student ID number is the

Shtirlitz [24]

D) Key

a student ID number is the Key

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3 years ago

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