Answer:
Specializes in bringing buyers and sellers together.
Explanation:
A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.
A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.
Answer: Mental budgeting.
Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.
I think it’s D I’m not sure
Answer:
the price per share in the case when A offers B is $200
Explanation:
The computation of the price per share is as follows:
The fair value is
= ($60 + $120) × 50%
= $90
The 50% represent the percentage of equally
Now the price per share is
= $90 + $90 + $20
= $90 + $110
= $200
Hence, the price per share in the case when A offers B is $200
The same is to be considered
Answer:
Conditions to be met by a company to recognize a transaction in revenue for a given period are:
- It should provide a benefit and shall be calculated and defined in numerical and monetary terms.
- It should relate to any kind of service or products provided.
- It shall be accrued in the current financial period.
- All the risk and rewards related to the service or product shall be transferred.