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3 years ago

Creditor beneficiaries can enforce their rights under a contract whenever the contract is valid.

1 answer:

4 0

It is not false that a creditor beneficiaries can enforce their rights under a contract whenever the contract is valid, it because the beneficiaries can enforce their own rights under the contract. So the correct answer is a, true.

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The following scenarios refer to two analysts who are employed at Global Securities, a large brokerage firm.

slega [8]

Answer:

The correct option is B)

Explanation:

According to the CFA Institute, when there is a clash between personal interests and official duties, then there is a conflict of interest.

Standard 4 requires that members and candidates of CFA must disclose any potential clash between personal interest and those of their clients and employers etc.

This rule serves to shield employers from any unknown variance of interest that has the potential to result in unethical decisions.

When a family or friend is involved, the potential for conflicting interest may arise and should be reported.

Cheers!

6 0

3 years ago

Imagine that you borrow $1,000 for one year and at the end of the year you repay the $1,000 plus $100 of interest. If the inflat

brilliants [131]

Answer:

Explanation:

Data provided as per the question

Nominal interest rate = 100%

Inflation rate = 7%

The computation of the real interest rate is shown below:-

Real interest rate = Nominal interest rate - Inflation rate

= 10% - 7%

= 3%

Therefore, for computing the real interest rate we simply deduct the inflation rate from the nominal interest rate.

7 0

3 years ago

Selected condensed data taken from a recent balance sheet of Heidebrecht Inc. are as follows. HEIDEBRECHT INC. Balance Sheet (pa

Anuta_ua [19.1K]

Answer:

Explanation:

Working Capital:

Working Capital represents the capital available to an organisation to run its day to day expenses.

Formula= Current Assets-Current Liabilities

Total Current Assets= $45,210,000

Total Current Liabilities= $40,020,000

Working Capital= 45,210,000-40,020,000= $‭5,190,000‬

Current Ratio

This measures an organisation's ability to meet its financial obligations due within a year

Formula= Current Assets÷ Current Liablities

= 45,210,000÷40,020,000

= 1:13

Acid-test Ratio

The acid-test ratio is also known as the Quick Ratio. It represents a company's measure of liquidity and it indicates the company's ability to cover its short-term liabilities through its short-term Liquid (easily converted to cash) Assets.

Formula: (Current Asset-Inventory-Other Current Assets)÷ Current Liabilities

Current Asset- Inventory= 45,210,000-14,570,000-5,430,000= ‭25,210,000‬‬

Acid-test Ratio= ‭25,210,000‬÷ 40,020,000=0.63

Note: Other Current Assets were also deducted because we cannot easily decide whether they can be quickly or easily converted to cash or not.

7 0

3 years ago

An industry's sales have leveled off and profits are declining in oligopolistic competition. Consumers see competing products as

Rama09 [41]

Answer: Market maturity

Explanation:

A market is said to be mature when it has gotten to a state of equilibrium. The state of equilibrium means when an absence of lack of innovation or significant growth and the demand is equal to the supply that is decided by the market forces.

The maturity stage of the product life cycle explains that sales will peak and later slow down. At this stage, the sales growth has started to reduce and the product has reached widespread acceptance in the market.

3 0

3 years ago

Why do you think government constitute one of the major employers in the U.S. economy ?

olga55 [171]

The government, not only of the United States, but of all countries, are in a very obvious way, also an employer. This is because the government needs people to do the task that would allow the body to be efficient in handling subjects concerning people, citizens, and the country.

The employee of the government runs from the president him/herself to the lowest position or authority in small subsection community.

6 0

3 years ago