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abruzzese [7]
3 years ago
8

"A registered representative is a 15% participant in an investment club formed by members of the local Elks Club. The Elks Club

investment club has opened a securities account at ABC Brokerage. The account wishes to buy an IPO being offered by an underwriter. Which statement is TRUE?"
Business
1 answer:
Alex787 [66]3 years ago
6 0

Answer: D. The account is prohibited from buying the new issue

Explanation:

The options to the question are:

A. The account can buy the issue without restriction

B. The account can buy the issue if the branch manager approves

C. The account can buy the issue if the registered representative agrees not to share in the profit on the position

D. The account is prohibited from buying the new issue.

From the question, we are informed that a registered representative is a 15% participant in an investment club formed by members of the local Elks Club and that the Elks Club investment club has opened a securities account at ABC Brokerage.

We are further told that the account wishes to buy an IPO being offered by an underwriter, out of the options that were given, the correct option is that account is prohibited from buying the new issue.

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Patagonia goes to great lengths to minimize work-family conflict by offering interesting benefits like on-site childcare. As a r
Llana [10]

Answer:

A. Increased perception of quality by customers

Explanation:Work-family conflict is a term used to describe the imbalance created by the incompatible Demands by the responsibilities of a person at work and the person's responsibility at home.

WORK-FAMILY CONFLICT IS A MAJOR FACTOR CAUSING LOW EMPLOYEE MORALE ESPECIALLY FOR NURSING WOMEN,REDUCED WORK PERFORMANCE AND HIGH ABSENTEEISM ETC AMONG WORKERS.

When an employer puts systems in place to helps reduce the impact of this Work-family conflicts most of the performance related backslides in Organisations will be effectively managed.

6 0
4 years ago
Read 2 more answers
To prepare for the construction of its new headquarters, Baker Co. purchased a 500-acre plot of land on August 5, Year 1. Baker
leonid [27]

Answer:

FASB ASC 835-20-15-8

Explanation:

This section explicitly states that in order for interests to qualify for interest capitalization, the assets purchased through the loan must be getting ready for its intended use. E.g. if you want to capitalize the interests on the land, you must carry out activities necessary to prepare it for its intended use. Or if you purchase a machinery, you must be installing it in order to get it ready to produce.

4 0
3 years ago
What country first began to dismantle its welfare state? What was put in its place?
ANTONII [103]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

What country first began to dismantle its welfare state? <span>Chili. Democracy was restored.

</span>What was put in its place? <span>A pension plan replaced welfare.</span>
5 0
4 years ago
Magnira Corp. is an apparel company. After a slow start, it saw a steep rise in its clientele and a remarkable increase in its p
Ierofanga [76]

Answer:

The company must create brand recognition and open new branches to access greater number of customers.

Explanation:

Ofcourse having a brand recognition means that the company is oriented towards developing its image that plays a vital role in making choices and this is only possible if its products are widely available in the market by openning new branches and offering other branches to present your products. This will lead to access of product to greater amount of public and greater the number of people will choose Magnira's products.

8 0
3 years ago
Martin is offered an investment where for $6000 today, he will receive $6180 in one year. He decides to borrow $6000 from the ba
Ne4ueva [31]

Answer:

The maximum interest rate which the bank needs to offer the loan is 3%

Explanation:

The maximum interest rate which the bank needs to offer the loan is computed as:

Maximum interest rate = Amount received in one year - Amount invested today / Amount invested today

where

Amount received in one year is $6,180

Amount invested today is $6,000

Putting the values above:

Maximum interest rate = ($6,180 - $6,000) / $6,000

= $180 / $6,000

= 3%

So, the maximum interest rate is 3% which is needed to offer by banks

3 0
3 years ago
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