Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. The fee that the stockbroker charges for this service is called Commission. Hence, option D is correct.
<h3>Who is stockbroker?</h3>
Stockbroker is the person who execute the shares and invest in them on the behalf of their clients. Stockbroker has certain knowledge about the trading of shares, so using their ability of understanding the stock market.
Many of the stockbroker works for the firm or company and handle their customer's accounts and do tradings.
Thus, option D is correct.
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a. Dividend
b. Yield
c. Net Proceeds
d. Commission
The area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior is corporate governance.
<h3>What is corporate governance?</h3>
It should be noted that corporate governance simply means the system through which companies are controlled and directed.
The board of directors of an organization should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the cornerstones of any successful firm is excellent corporate governance.
In this case, it's important for companies to engage in ethical procedures
Therefore, the correct option is corporate governance.
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Answer:
B. Goods are tangible whereas services are intangible.
Bills accounting profit is
equals to revenue ($250,000) minus explicit (monetary) cost (50,000 and
30,000), while his economic profit is equals to accounting profit minus
implicit (opportunity) cost (3,000 and 100,000). Accounting profit is $170,000
and Economic profit is $67,000.
<span>Economic profit is always lower
than accounting profit because explicit costs and implicit costs are both
deducted to revenue. Implicit costs are cost that he should have earned if he
gives up his present resources. These costs are projected cost and are not yet
incurred.</span>
<span>What is the fallacy of the "product cost concept"? The fallacy of the "product cost </span>concept" refers to the excess capacity and in this situation the only cost that matters is the material cost. Product costs refers to the costs of making the product, materials to make the product are important and the main part of product cost.