Answer:
d. Treasury Stock for $240,000
Explanation:
The journal entry for re-acquisition of the stock under the cost method is shown below:
Treasury stock A/c Dr $240,000
To Cash A/c $240,000
(Being the stock are reacquired for cash)
The $240,000 amount should be come from
= Number of shares × common stock per share
= 16,000 shares × $15
= $240,000
Since the stock is reacquired so we used the treasury stock account instead of the common stock account
Answer:
A). The broker is the seller's agent; the buyer is the broker's customer.
Explanation:
The first statement most aptly identifies the two different parties in this given relationship. The broker is the seller's agent as he would represent him and assist him in listing his properties for sale as per the terms set by him. This would help the seller in receiving the best price for his property and also in ensuring all the legal requirements to be met in time. The buyer is the broker's customer as he assists him in providing a variety of housing options to choose from according to his needs and requirements. Thus, the broker is representing both the buyer and the seller distinctively. Hence, <u>option A</u> is the correct answer.
Answer:
No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.
Explanation:
Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
There are four types of market segmentation
<span>1. </span>Demographic –<span> segments a population based on age, gender, size of family, earnings, work, religion, ethnic race, and nationality.</span>
<span>2. </span>Behavioral –segments on the basis of their behavior, usage and decision-making pattern.
<span>3. </span>Psychographic - uses people’s lifestyles, their activities, and interests
<span>4. </span><span>Geographic - uses location as basis</span>
<span>From the given definitions, Sunny Pet uses the demographic type of segmentation. </span>
Answer:
c. Resource and capacity management.
Explanation:
If we look at the leadership traits of an individual we will observe that a leader needs to maintain resource and capacity of the organization or team in order to be successful as a leader in the organization. The correct answer is c. Resource and capacity management. The resource and Capacity Management helps to improve visibility of your resources and your capacity
, ,making informed business decision based on accurate data and optimizing the productivity and profitability of resources.