Answer: D. entered once the "RR" verifies that the CEO is an authorized trader in the account
Explanation:
The registered representative must only trade on a corporate account on orders given by a person that is authorised to do so to avoid any mismanagement.
The people authorized to do so will be listed in a Corporate Resolution issued by the Board of Directors of the company or relevant stakeholders.
The registered representative would need to check this resolution first and if they find the new CEO listed in it as authorized to make trades, the registered representative will then enter the trade.
The divorce decree provides that roberta is to pay state income tax.
<h3>What is
state income tax?</h3>
In addition to the federal income tax collected by the United States, the majority of individual states in the United States collect a state income tax. Some municipal governments also levy an income tax, which is frequently based on state income tax calculations. Individual income taxes are levied in 42 states and many localities around the United States.
The federal government collects federal income taxes, whereas individual states collect state income taxes where a taxpayer lives and generates income.
A state income tax is a direct tax imposed by a state on income produced within or outside of the jurisdiction. It may mean all of your money earned anywhere in your state of residence. Like federal tax, state income tax is self-assessed, which means taxpayers file required state tax returns
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Answer:
The total amount of property, plant, and equipment that will appear on the balance sheet is $$1,950,000
Explanation:
The computation of the total amount of fixed assets are shown below:
= Land + Land (held for future use) + building + equipment + furniture - accumulated depreciation
= $100,000 + $800,000 + $800,000 + $450,000 + $100,000 - $300,000
= $1,950,000
The inventory is a current assets so it would not be included while computing the total value of the fixed assets.
Answer: Be undertaken because the rate of return is 5 percent greater than the interest rate
Explanation:
Given the following ;
Revenue increase = $10,000
Cost of machine = $8,000
Calculating the Rate of Return on the investment ;
FV = PV × (1 + r)^n
FV = Revenue increase = $10,000
PV = Cost of machine = $8000
n = period = 1 year
r = rate of return
$10000 = $8000 × (1 + r) ^1
1 + r = $10,000 ÷ $8,000
1 + r = 1.25
r = 1.25 - 1
r = 0.25 = 25 %
Interest rate = 20%
Rate of Return on investment = 25%
Rate of Return is 5% greater than interest rate