In the world share market investors could sell their shares.
Answer:
I (allowed) and IV (not considered soft dollar compensation)
Explanation:
Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.
Answer:
<h3>Blue Spruce Corp.</h3>
The total credits on the company's trial balance at June 30, 2022 are:
Accumulated depreciation-equipment $66
Accounts payable 910
Unearned rent revenue 136
Common stock 246
Retained earnings 6800
Service revenue 382
Interest revenue 76
Totals $8,616
Explanation:
a) Data and Calculations:
Blue Spruce Corp.
Trial Balance as at June 30, 2022:
Accounts Title Debit Credit
Cash $1832
Accounts receivable 2858
Inventory 3904
Prepaid rent 96
Equipment 390
Accumulated depreciation-equipment $66
Accounts payable 910
Unearned rent revenue 136
Common stock 246
Retained earnings 6800
Service revenue 382
Interest revenue 76
Salaries and wages expense 170
Insurance expense 98
Totals $9,348 $8,616
b) The totals show that the trial balance is not in balance. This may be as a result of errors of omissions, commissions, transposition, etc.
Answer:
d. Some or all of their manufacturing or service operations abroad.
Explanation:
Having global operations means that an organization provides its products or services to customers in all over the world. Global operations are not characterized by manufacturing or service only. A bank that provides services both loacally and in foreign countries or a clothing brand with presence in multiple countries could be some examples of global operations. Therefore, global operations may have some or all of their manufacturing or service operations abroad.
Answer:
$952,853.88
Explanation:
The lump sum payment can be calculated using the present value of annuity formula which shall be calculated as follows:
Present value of annuity=R((1-(1+i)^-n)/i)=lump sum payment today
Where R=semi annual payment=$202,000
n=number of semi annual payments=4 since first payment is to be received today
i=interest rate=3%(6/2) in this case since the payments are semi annual.
Lump-sum payment=202,000+202,000((1-(1+3%)^-4)/3%)
=$952,853.88
