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Vinil7 [7]
3 years ago
7

Under FINRA rules, all of the following are necessary to open a corporate account EXCEPT:_________.

Business
1 answer:
Jet001 [13]3 years ago
6 0

Answer:

Corporate minutes

Explanation:

Financial Independent Regulatory Agency (FINRA) is an independent body that formulates and enforces rules guiding registered brokers and broker dealer firms in the United States.

This also includes account opening requirements of brokers.

The required documents to open a broker account includes corporate resolutions, corporate seal, corporate charter.

Other information required are social security number, drivers licence or passport information, employment status, and investment profile.

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1-a. Assume that Andretti Company has sufficient capacity to produce 120,150 Daks each year without any increase in fixed manufa
likoan [24]

Answer:

The answer is given below;

Explanation:

The opportunity gain of investing in fixed selling expenses could be quantified by comparing with interest rates prevailing in the market.

if the net margin earned on producing extra quantity is greater than the return earned on placing funds in bank account,then it is financially viable to invest in fixed selling expenses and vice versa.

7 0
3 years ago
Select the sentence that is completely correct. Group of answer choices Todd is unsure of whether he should except the position
goldenfox [79]

Answer:

The completely correct sentence is:

Todd is unsure of whether he should accept the position or go in to business himself.

Explanation:

The adjective unsure goes with the preposition, 'of' to indicate what the subject is not certain of.  Option 1 with 'except' is completely wrong.  It is not the correct verb form of the word.  Some people, however, omit the preposition, 'of,' but this is not completely correct.

6 0
3 years ago
A company reports the following amounts at the end of the year:
Inga [223]

Answer:

33.33%

Explanation:

Given:

Sales revenue = $360,000

Cost of goods sold = $240,000

Net income = $53,000

Now,

the gross profit = Sales revenue - Cost of goods sold

or

The gross profit = $360,000  - $240,000  = $120,000

Thus,

the company's gross profit ratio = \frac{\textup{Gross Profit}}{\textup{Sales revenue}}

or

The company's gross profit ratio =  \frac{120,000}{\textup{360,000}

or

The company's gross profit ratio = 33.33%

8 0
3 years ago
Fruitasia purchased land, a building, and equipment for $800,000. the estimated fair values of the land, building, and equipment
marishachu [46]

Given; Equipment and building = $800,000Fair value of the land = $100,000Fair value of the building = $700,000Fair value of the equipment = $200,000
Solution;
$800,000 x [$100,000/($100,000 + $700,000 + $200,000)] = $80,000.
The company would record the land of $80,000
6 0
3 years ago
Kelly Company experienced the following events during its first accounting period. (1) Issued common stock for $10,000 cash. (2)
dusya [7]

Answer:

Pedagogical analysis is selection of appropriate objectives and strategies in various instructional situations to access the level of actual teaching at the end. A comprehensive vision of required tasks, strategies for realization of specific goals facilitates effective teaching.

sorry I d k

6 0
3 years ago
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