Options:
A. monthly
B. quarterly
C. semi-annually
D. annually
Answer:B. Quarterly
Explanation:SEC(security and exchange commission) is an agency established by Government to regulate the activities of companies that sale Securities,Stock markets and self-regulatory Organisations.
Security and exchange commission ensures that it puts guidelines and rules to ensure that market players do business according to the best practices devoid of criminal activities.
Security and exchange commission rule 606 of regulation NMS, broker-dealers are required to give QUARTERLY REPORT AVAILABLE TO CUSTOMERS BY COMPILING STATISTICAL INFORMATION ON ROUTING OF CUSTOMER NON-DIRECTED ORDERS TO MARKET VENUES, AND MAKE THIS INFORMATION AVAILABLE TO CUSTOMERS.
Answer:
CoV = 1.671875 rounded off to 1.67
Explanation:
The coefficient of variation (CoV) is a measure of volatility of an investment. It tells the volatility in comparison with the expected return from the investment. We can say that the CoV tells us the risk per unit of return as CoV is calculated by dividing standard deviation, which is a measure of risk, by the expected return of the investment.
CoV = SD / r
Where,
- SD is the standard deviation
- r is the expected return
CoV = 0.107 / 0.064
CoV = 1.671875 rounded off to 1.67
Answer:
Total Inventory = 191,000
Explanation:
You will have to compare the cost column with the net realisable value.
So you need to do Sale price - Cost to sell or dispose to get the NRV of each one.
Then we compare with the cost, and pick the lowest.
![\left[\begin{array}{ccCCc}$Item&$Cost&$sale price&$cost to sell or dispose&$NVR\\Blades&41000&50000&2000&48000\\Towers&52000&54000&4000&50000\\Generators&20000&30000&2000&28000\\Gearboxes&80000&120000&12000&108000\\\end{array}\right] \\](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7BccCCc%7D%24Item%26%24Cost%26%24sale%20price%26%24cost%20to%20sell%20or%20dispose%26%24NVR%5C%5CBlades%2641000%2650000%262000%2648000%5C%5CTowers%2652000%2654000%264000%2650000%5C%5CGenerators%2620000%2630000%262000%2628000%5C%5CGearboxes%2680000%26120000%2612000%26108000%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%5C%5C)
So we have the following:
<u>Blades:</u> 41,000
<u>Towers:</u> 50,000
<u>Generators:</u> 20,000
<u>Gearboxes:</u> 80,000
Total Inventory = 191,000
Answer:
d. Disclosed because of their usefulness to financial statements.
Explanation:
A <em>liability</em> is a present obligation (Legal or Constructive) of an Entity that arises as a result of a past event and the settlement of which will result from an out flow of cash from the entity.
One class of Liability that relate to the case is a <em>Provision</em>.A provision is a liability whose amount can be determined with certainty.
A liability whose amount can not be determined with certainty is known as a <em>Contingent liability</em>.A contingent liability is not presented in the financial statements but is only disclosed in the Financial Statements.
