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stich3 [128]
3 years ago
5

Of the securities listed below, which would be exempt from the registration requirements of the Uniform Securities Act?I. Securi

ties issued by a railroad common carrier companyII. Securities issued by a federal credit union established for teachersIII. Securities issued by a trust companyIV. Securities issued by a corporationA. I onlyB. I and III onlyC. I, II, and III onlyD. I, II, III, and IV
Business
1 answer:
Leni [432]3 years ago
6 0

Answer:c

Explanation: from the listed options

Securities issued by a railroad common carrier company.

Securities issued by a federal credit union established for teachers

Securities issued by a trust company . All of these are exempt from the registration requirements of the Uniform Securities Act.

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The New Fund had average daily assets of $2.2 billion in the past year. If New Fund’s expense ratio was 1.1% and the management
Marizza181 [45]

Answer: $15,400,000

Explanation:

The fees paid to the fund's investment managers during the year would simply be the Management fee of 0.7% of the average daily assets. The expense ratio refers to other adminstrative expenses.

= 2,200,000,000 * 0.7%

= $15,400,000

8 0
3 years ago
Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 30,000 units follow
AnnyKZ [126]

Answer:

1. Variable cost per unit   = $150

2. Markup percentage     = 34.89%

3. Selling price                 = $202.33

Explanation:

Variable cost per unit = 70+40+25+15= $150

Fixed cost   =  670,000+ 305,000 +285,000= $1,260,000

Fixed cost per unit  =    1,260,000/30,000= $42

Profit per unit   =        <u>Targeted profit</u>

                               Targeted production unit

                          = <u>$310,000 </u>   =$10.33

                                30,000

Markup percenge =     <u>Fixed cost per unit + profit per unit</u>

                                          Variable cost per unit

                                =<u>$42+ $10.33</u>    =    <u>52.33 </u>* <u>100</u>   = 34.89%

                                       $150                   $150      1

Selling Price        =  Variable cost per unit + markup

                            =  $150+$42+$10.33

                             = $202.33

Variable cost-plus pricing is calculated by  determining variable costs per unit and adding mark-up which will cover fixed costs per unit and generate a targeted profit margin.

3 0
3 years ago
Read 2 more answers
Banks use a large percentage of their checkable deposits for the purpose of __________.
KiRa [710]

Answer:

B. giving loans

Explanation:

The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.  

The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.

4 0
3 years ago
Read 2 more answers
The buyers purchased a residence for $195,000. They made a down payment of $25,000 and agreed to assume the seller's existing mo
Phoenix [80]

Answer:

Option (d) purchase-money mortgage

Explanation:

Option (d) purchase-money mortgage

A purchase-money mortgage is a sort of mortgage issued to the customer or buyer of the property, in which the owner or the seller of the property himself lends the load to the buyer to buy the property.

This type of condition arises usually when the buyer is not able to get the loan from the traditional channels like the bank due to various reasons.

6 0
3 years ago
The United Nation of Zorwaya has strict restrictions on direct investment by foreign enterprises, and it opposes the establishme
max2010maxim [7]

Answer:

These are the options for the question:

A) deregulation  

B) socialism    

C) totalitarian ideologies

D) command economies

And this is the correct answer:

A) deregulation  

Explanation:

According to the information in the question, the nation of Zorwaya is regime where political leadership has tight control over economic matters. The highest authority controls both prices and production (a staple of socialism and planned economies), and opposes most foreign investment, only allowing it after strict scrutiny and tight control.

In this nation, political leadership would oppose deregulation because this would reduce their power over the economy. Deregulation would likely mean easening price controls, allowing production to flow more freely, or lifting restrictions to foreign capital, things that Zorwaya's leaders oppose.

6 0
3 years ago
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