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Katyanochek1 [597]
3 years ago
7

Under the Securities Act of 1933, which of the following would MOST LIKELY be included in the definition of an underwriter? a. A

n agent b. A broker-dealer c. An investment adviser representative d. An issuer
Business
1 answer:
Illusion [34]3 years ago
3 0

Under the Securities Act of 1933, A broker-dealer would MOST LIKELY be included in the definition of an underwriter.

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The controller of Ashton Company prepared the following projected income statement: Sales $88,000 Total Variable cost 70,400 Con
Zepler [3.9K]

Answer:

Contribution margin ratio = 20%

Explanation:

We know, contribution margin is the difference between sales revenue and variable expenses, while the contribution margin ratio expressed as a parentage between the contribution margin and company sale.

We know,

contribution margin ratio = (contribution margin ÷ sales revenue) × 100

Given,

Contribution margin = $17,600

sales revenue = $88,000

Putting the value into the formula, we can get

contribution margin ratio = ($17,600 ÷ $88,000) × 100

or, contribution margin ratio = 0.2 × 100

Contribution margin ratio = 20%

6 0
3 years ago
On August 1, 2018, Kira purchased 100 shares of ITC stock for $5,000. There were no subsequent adjustments to her basis. On Augu
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Answer:

b. Short-term loss of $700 and a long-term gain of $900.

Explanation:

August 1, 2018, price per share $50

August 1, 2019, sold 50 shares at $36, resulting in a short term capital loss of ($700)

August 31, 2019, sold 50 shares at $68, resulting in a long term capital gain of $900

If you own a stock for 1 year or less, any gain/loss will be considered short term. If you own a stock for more than 1 year, any gain/loss will be considered long term.

8 0
3 years ago
The ________ problem occurs when supervisors tend to rate all their subordinates consistently low.
fenix001 [56]
The "<span>strictness"</span><span> problem occurs when supervisors tend to rate all their subordinates consistently low.
</span>
Many supervisors will tend to rate every one of their subordinates reliably high or low. alludes to giving high evaluations or ratings, while strictness alludes to giving low appraisals or ratings. Central tendency alludes to giving normal scores.
8 0
3 years ago
Read 2 more answers
Suppose that the demand for my new book, Spatulas From Around the World, is such that the demand curve lies everywhere below the
dsp73

Answer:

C. Shut down the presses printing my book

Explanation:

Since the average variable cost of producing the book is above the demand curve, the best course of action is to shut down the printing (production) of more books. The author would lose less money by shutting down operations rather than continuing production at a variable cost higher than the demand he's receiving for the books.

In economics, when profit is less than the average variable cost, firms are advised to stop production in the short run and incur economic loss on fixed inputs. This is because with continued operations, total revenue would not only be lower than total cost, but rather, would also be less than total variable cost.

8 0
3 years ago
When U.S. goods become more expensive relative to foreign goods, exports will __________ and imports will __________.
ipn [44]

Answer:

fall, rise

Explanation:

US goods will become less expensive

3 0
3 years ago
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