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zloy xaker [14]
3 years ago
9

An agent's client calls on Monday to discuss the current market situation. They discuss how 100 shares of KAPCO common stock wou

ld be an appropriate addition to the client's portfolio. On Thursday, the client calls and tells the agent to place an order for the KAPCO stock at whatever price the agent feels is best. The agent waits until Friday, purchasing the stock at a price $2 per share below Thursday's low. In this case the agent acted A) improperly; the order should have been placed on Thursday B) properly because the agent used discretion as to price and time C) improperly; the order cannot be placed without prior written authorization allowing discretion D) properly because the agent saved the client money
Business
1 answer:
nadya68 [22]3 years ago
4 0

Answer:

A) improperly; the order should have been placed on Thursday

Explanation:

An agent is someone that is contracted by a client to effectively manage his business interest and also to follow client instruction on time in order to make profit for the client.

In the given scenario the agent received instructions to place an order for the KAPCO stock at whatever price the agent feels is best.

Since they had initially discussed the suitability of the KAPCO stock before now, the agent should have placed the order immediately.

However his delay till Friday resulted in a loss of $2 per share below Thursday's low.

The agent acted improperly.

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While studying the process, it became evident to the team that people and equipment were not optimally positioned. Which process
Verizon [17]

Answer: Spaghetti map

Explanation:

A spaghetti map refers to as a visual representation that makes use of a continuous flow line that's used in the tracing of an activity for a particular process.

Since the people and equipment were not optimally positioned, the process map that would best help the team address this issue is the spaghetti map. It's vital as it helps in identification of workflow redundancies.

8 0
3 years ago
Burns Medicine Shop developed a website where customers could ask the pharmacists questions and could refill prescriptions onlin
daser333 [38]

Answer:

Option d: No statutes presently require websites to have or disclose a privacy policy.

Explanation:

A Privacy Policy

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3 0
2 years ago
If the federal funds rate were above the level the Federal Reserve had targeted, the Fed could move the rate back towards its ta
Dmitriy789 [7]

Answer:

The correct answer is option b.

Explanation:

If the federal fund's rates were above the targeted rate, the Fed would need to move it towards the targeted rate. To move the interest rate towards the targeted rate, the government would need to increase the money supply. This can be done by buying bonds. When the Fed buys bonds they pay for it, this causes the money supply to increase. As the supply curve shifts to the right, the interest rate will fall down.

4 0
3 years ago
You are trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municipal b
FinnZ [79.3K]

Answer:

D.

Municipal bond because the equivalent taxable yield is 6.6%

Explanation:

we should make the important difference that municipal bonds are tax free while corporate bonds don't.

Therefore we should solve for the after tax rate fo the corporate bond:

pretax (1-t) = after tax -rate\\0.0625(1-0.28) = 0.0625(0.72) = 0.045

The corporate bond as a yield of 4.5% after taxes which is lower than the municipal bond. This make it more attractive

We can also solve for the pre-tax rate of the municipal bond:

pretax(1-t) = after tax - rate\\pretax (1-0.28) = 0.0475\\pretax = 0.0475/0.72 = 0,065972 = 0.066

the municipal bonds would be equivalent to a 6.6% corporate bonds.

This makes option D correct.

6 0
3 years ago
In order to offset the competitive disadvantage of FOB plant pricing, Texas Granite Company in Dallas could use _____ pricing to
ozzi

Answer:

Freight-absorption

Explanation:

Based on the information provided within the question it can be said that the Texas Granite Company in Dallas should use Freight-absorption pricing in this situation. This is a pricing strategy in which the seller takes responsibility for all the freight charges that the company incurs in order to attract the amount of business that they hope to achieve. Since company's that are looking to buy see 0 freight charges it becomes a deal since they are saving money as opposed to buying from another company that charges the freight charges to the buyer.

6 0
2 years ago
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