A market economy cannot produce a socially desirable outcome because individuals are motivated by their own selfish interests.

A younger client with a moderate amount of funds is considering the purchase of a home in the near-term future. For this reason,

Valentin [98]

Answer:

c) Investment in a DPP (Direct Participation Program)

Explanation:

Direct Participation Programs are a form of limited partnership. DPP has the lack of liquidity, since ownership interests are not always freely transferrable and require the approval of a general partner of the DPP. Each of the other items listed are more liquid on a short-term basis. Bonds can be sold, bond fund shares can be redeemed, equities are easily sold in the secondary market, and though CDs are not transferrable, the maximum maturity is 1 year or less, so the client would have short-term access to the funds invested.

8 0

3 years ago

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You have recently been made a department head of the new regional office. In getting to know your departmental staff, you have n

nignag [31]

Answer:

Democratic leadership style

Explanation:

She can develop a democratic leadership style within her which can help her accomplish her tasks as a manager and also help her inculcate this very leadership style which can be beneficial for her to go higher the ladder in organizations management.

Democratic leadership style would help her show the inexperienced employee some route out to get skilled and follow subordinates to improve work. Collaborative working with the employees provides managers with much needed team dynamics. Also, democratic leadership styles makes managers gather much needed skills which are essential for the leaders of the organization.

5 0

3 years ago

Tristan transfers property with a tax basis of $1,245 and a fair market value of $1,750 to a corporation in exchange for stock w

Bas_tet [7]

Answer: $1644

Explanation:

The corporation's tax basis will be the addition of the tax basis of Tristan and the gain that is recognized on the exchange by Tristan.

Gain realized = 1750 - 1245 = 505

Boot received = 399

The gain recognized on the exchange will the value that's lower between the gain realized which is $505 and the boot received which is $399. Therefore, gain recognized = $399.

The corporation's tax basis will then be:

= Tristan Tax basis + Gain recognized

= 1245 + 399

= 1644

6 0

3 years ago

Tyler is a finance manager at an automobile manufacturing company. He collects internship reports from summer interns at the com

tamaranim1 [39]

Answer:

Disseminator role.

Explanation:

Disseminators play the important part of communicating important and useful information to colleagues and the team. Generally managers are responsible for transmitting information regarding management expectations to employees with a view of achieving organisational goals.

Tyler as a finance manager at an automobile manufacturing company. Collects information from summer interns regarding improvements in finance strategy. He communicates this information to the Chief Financial Officer. This is a dissemination function by Tyler.

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3 years ago

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The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash

diamong [38]

Answer:

See below

Explanation:

a. Operating income statement for the year ended December 31, 2019

Net sales $645,000

Less: Cost of goods sold ($367,650)

Gross profit $277,350

Less: Expenses

Selling, general, administrative expenses ($142,100)

Other selling expenses ($14,600)

Advertising expense ($47,600)

Operating income $73,050

b.

Operating income $73,050

Less:

Income tax expense ($25,568)

Income from continuing operations before taxes $47,482

Loss from discontinued operations, net of savings $38,133 ($14,400)

Net income $33,082

4 0

3 years ago