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boyakko [2]
4 years ago
7

Since commissions can lead to potential churning, value-based advisory fees are the best arrangement for an investor.

Business
2 answers:
Masja [62]4 years ago
6 0
<span>Since commissions can lead to potential churning, value-based advisory fees are the best arrangement for an investor.

This statement is </span><span>True</span>
solong [7]4 years ago
5 0
I’m not to sure I would say true but I’m not sure
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Waltham Distribution Company has determined its December 31, 2020, inventory on a LIFO basis at $200,000. Information pertaining
Bess [88]

Answer:

$10,000

Explanation

Calculation for Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is

Using this formula

lower-of-cost-or-market rule Loss=Inventory- Current replacement cost

Let plug in the formula

lower-of-cost-or-market rule Loss= $200,000 – $190,000

lower-of-cost-or-market rule Loss= $10,000

Therefore Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is $10,000

8 0
3 years ago
BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the exchange rate was 1.4 EUR/ USD
OLEGan [10]

Answer:

Decimal total dollar denominated return is 0.50

Explanation:

The dollar purchase price of the stock =100/1.4*$1

                                                                 =71.42857143 *$1

                                                                  =$71.42857143

today's dollar selling  price  =120/1.12*$1

                                 =107.1428571 *$1

                                 =$107.1428571

Dollar denominated total return in money terms=$107.1428571 -$71.42857143

          =$35.71428571

However the dollar-denominated return in percentage terms is computed the below formula

dollar denominated return %=(today's price-initial price)/initial price

                                                =($107.1428571 -$71.42857143 )/$71.42857143

                                                 =0.50 which represents 50%

3 0
3 years ago
Tom and Nancy enter into a written contract for the sale of a dollhouse that Tom will custom-make. In the contract, they agree t
liq [111]

Answer:Speculative damages

Explanation:

These is a term of a contract to recover from loss that may occur in the future from the contract execution.

6 0
4 years ago
Due to scarce resources, every individual, whether rich or poor, faces a(n)cost when choosing to produce or consume more of one
prisoha [69]

Due to scarce resources, every individual, whether rich or poor, faces an opportunity cost when choosing to produce or consume more of one good over another.

<h3>What is the problem with scarce resources?</h3>

The gap between scarce resources and hypothetically unbounded needs is referred to as scarcity and is a fundamental economic issue. In order to meet both basic necessities and as many additional wants as feasible, people must decide how to spend resources effectively.

The value of the best option foregone is the opportunity cost of a decision. The state of not being able to obtain all the commodities and services one desires is known as scarcity. It exists because there are more commodities and services that people demand than can be produced with all of the available resources.

Learn more about Opportunity costs here:

brainly.com/question/13036997

#SPJ4

7 0
2 years ago
Mason Company purchases a piece of land for $200,000. Mason Company paid $4,000 in brokerage commissions, $12,000 to clear and r
baherus [9]

Answer:

$218,000

Explanation:

The cost of the land includes the purchase price + brokerage commissions + clearing and removing expenses + related taxes:

$200,000 + $4,000 + $12,000 + $2,000 = $218,000

Building permits plus the actual cost of the building must be recorded under a separate asset account (buildings) since they can be depreciated, while land cost cannot.

4 0
4 years ago
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