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3 years ago

Which accurately describes full-service brokers?

Business

1 answer:

Margaret [11]3 years ago

8 0

Answer: Option C provide advice to buying and selling stocks

Explanation:

A full service broker possesses a license to perform his job. He offers services such as advice, research and planning tips for the clients. Full service broker charges a commission which are generally high as they provide various services.

The service provided by full service broker is customized for the consumers based on their needs. If the client requires a stock broker or financial advisor they are assigned to them each individually. The investment plan and wealth management can be done through full service broker.

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Which of the following measures the relationship between cost of merchandise sold and the amount of inventory carried during the

Vedmedyk [2.9K]

Answer:

The correct answer is A

Explanation:

Inventory turnover is the ratio which shows or states that how many times, the company has sold or replaced the inventory during a stated year or period. This ratio is stated as a formula which is to divide the number of days in the year with the formula of inventory turnover in order to compute the days it will take for selling the inventory.

So, this is the one which tells the relationship among the cost of the merchandise sold and the amount of the inventory which is carried during the year.

6 0

2 years ago

In many countries, people hold money as a cushion against unexpected needs arising from a variety of potential scenarios (e.g.

RoseWind [281]

Explanation:

precautionary demand for money is classified as money that are held to cover for unforeseen occurrence e.g, an accident or illness.

It should also be noted that: The amount of money held for such purposes is broadly dependent on the level of income and expenditure.

With more income the precautionary demand will increase because there are more likely to be surprises in the timing or magnitude of the correspondingly high expenditures

A higher rate of interest represents a higher opportunity cost of holding money for any reason, including the precautionary reason, and so leads to lower precautionary holdings.

7 0

3 years ago

A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 420,000 Sales revenue $ 1,890,000 Va

kkurt [141]

Answer:

31.79%

Explanation:

Kilograms produced and sold = 420,000

Sales revenue = $ 1,890,000

Variable manufacturing expense = $ 948,000

Fixed manufacturing expense = $ 242,000

Variable selling and administrative expense = $ 341,000

Fixed selling and administrative expense = $ 208,000

Net operating income = $ 151,000

Total variable cost:

= Variable manufacturing expense + Variable selling and administrative expense

= $ 948,000 + $ 341,000

= $1,289,000

Contribution margin:

= Sales - Total variable cost

= $ 1,890,000 - $1,289,000

= $601,000

Contribution margin ratio:

= (Contribution ÷ sales) × 100

= ($601,000 ÷ $1,890,000) × 100

= 0.3179 × 100

= 31.79%

6 0

2 years ago

In general Accounts are split into Personal Accounts and ImpersonalAccounts True False

ruslelena [56]

Answer:

True.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.

An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.

All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.

In general, accounts are split or divided into two main categories and these includes;

I. Personal Accounts

II. Impersonal Accounts.

6 0

2 years ago

Do the results of the experiment support the camouflage hypothesis? do the results of the experiment support the camouflage hypo

Bond [772]

I guess the last option is the best answer.

Yes; mouse models with camouflage coloration were preyed on less often than non-camouflaged mouse models.

3 0

3 years ago