Answer:
Stillman should register as an investment adviser representative in state P.
Explanation:
Investment adviser representatives (IARs) must necessarily register in the state that they work in. In this case, Rock, Feller, and Standard (RFS) must be registered in all the states where it has offices functioning, but Stillman only needs to register in the state where his office is. If Stillman worked half year in state P and the other half in state M, then he would need to register in both states. But since this is not the case, then registering in state P should be enough.
Answer:
A 15.64%
Explanation:
300*1.18 = 354
354*0.02 = 7.08
354 - 7.08 = 346.92
rate of return = 346.92/300
= 15.64%
Therefore, The rate of return on the fund is 15.64%
Answer:
From the given options, I strongly believe the answer to be A.
Explanation:
Lets break down the options more clearly now.
Option B can't be true. In fact, it is ridiculous! How can you practice etiquette by being stubborn?
Option C is, well, No! Making more money won't help you to succeed in practicing business etiquette. In fact there are a lot of individuals who has made a lot of money through unethical business practices!
Option D is irrelevant.
Option A however, is highly suitable. You be courteous, polite and Ethical. and also you are thoughtful, cautious and rational in your decision making. that is a proven formula to succeed in any business environment!
Answer:
The correct answer is A
Explanation:
Sunk cost is the cost which is incurred by an entity and that can no longer be recovered. It is that cost which is not considered when making the decision to continue investing in the online project as it cannot be recovered.
In this case, city of Tustin incurred $10 million on the project for building a new community college and further it require $40 million to finish the project. The economist told the city council to ignore $10 million because it is a sunk cost which cannot be recovered.
