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dalvyx [7]
4 years ago
5

A customer has been receiving confirmations and statements by mail and asks the registered representative if these can be sent b

y e-mail. The proper response is that this______________.A. cannot be done because physical paper confirmations and statements are required to be sent to customers under FINRA rulesB. can be done if the customer requests by letterC. can be done if the customer requests by e-mailD. can be done only with the approval of the branch manager
Business
1 answer:
Sloan [31]4 years ago
4 0

Answer:

The correct answer is letter "C": can be done if the customer requests by e-mail.

Explanation:

Under the Financial Industry Regulatory Authority (<em>FINRA</em>) rules, customers of financial institutions can decide the way they receive their financial statements without written communication to the bank unless a third party makes the request. If it is not the case, account holders can communicate to the financial institution directly what way of communication best suits them.

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The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, res
Vadim26 [7]

Answer:

$50,000

Explanation:

Total Assets  at beginning                          $450,000

Total Assets at end                                    $550,000

Total Assets                                                $1,000,000

Average Total Assets=Total Assets/2=$1,000,000/2=$500,000

Return on assets=Net Income/Average Total Assets

10%=Net Income/$500,000

Net Income=$500,000*10%

Net Income=$50,000

7 0
3 years ago
A firm supplies aircraft engines to the government and to private firms. It must decide between two mutually exclusive contracts
tatiyna

Answer:

Option (A) is correct.

Explanation:

If it contracts with a private firm, for 1st contract,

profit = [(2 × 0.25) + (1 × 0.4) - (1 × 0.35)]

         = 0.55 million dollars

If it contracts with the government, or second contract ,

profit = ($4 × 0.4) - ($2.5 × 0.6)

         = 0.1 million dollars

Therefore, it is clear from the above calculations that the contract with a private will offer more profit as compared to the contract with the government.

3 0
3 years ago
When conducting a root-cause analysis, evaluators ask why each thing happened or did not happen.
Vinvika [58]

Answer:

True

Explanation:

Root Cause analysis is used by the evaluator to address the problem instead of just identifying the symptoms. It is used when some thing goes bad.  Root cause analysis is used to find the root cause and to improve it. During this a series of questions are posed to find out the cause of the issue. Incident investigation and problem solving are some of the root cause examination. Root cause analysis is connected to three basic questions; <em>what is the problem and why did it happen, what can be done to prevent it from happening again.</em>

6 0
3 years ago
Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t
aev [14]

Answer:

The correct option is C

Explanation:

Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.

So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal  merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.

3 0
3 years ago
If you could help me
MAVERICK [17]

When you are trying to reduce debt it is easier to cut out things that aren't necessary.

You need shelter so you can't cut out rent. Utilities will be hard to cut down since it is used a lot. School shouldn't be cut down either, because that is important for you future job which may help you reduce debt in the future

Dining out is the easiest to cut out/cut down first. Many people dine out because they don't have the time to cook or because they don't want to. If you really want to reduce debt then you can make the time to cook or find the motivation to. This will greatly reduce that big chunk of your money going to dining out, since cooking your own food is a lot cheaper.

Hope this helped!

~Just a girl in love with Shawn Mendes

8 0
4 years ago
Read 2 more answers
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