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Sidana [21]
3 years ago
9

A customer buys 1,000 shares of XYZZ stock in a margin account and pays the required 50% margin on settlement date. The customer

requests that the broker-dealer transfer the securities into the customer's name and ship them to his home address. Which statement is TRUE
Business
1 answer:
expeople1 [14]3 years ago
7 0

Answer:

This request cannot be honored because the securities must be paid for, in full, to process a transfer and ship request

Explanation:

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For 2018​, Pompi marketing managers project monthly sales of 460 comma 000 ​12-ounce bottles and 200 comma 000 ​1-gallon contain
Eduardwww [97]

Answer:

Budgeted total revenue = $424,000

Explanation:

<em>The revenue budget shows the expected amount sales income projected for the next coming accounting period for a business. It contains data about the expected ales volume for different products, their prices and the estimated sales revenue.</em>

Product         Price             Quantity              Revenue

Ounce             0.40             460,000               184,000

Bottles             1.20             200,000                <u>240,000 </u>

Total revenue                                                     <u>424,000 </u>

Budgeted total revenue = $424,000

           

6 0
3 years ago
_____ are any aspects of a good or service that a customer must believe in but cannot personally evaluate even after purchase an
34kurt

Answer:

Credence Attributes

Explanation:

A credence good or service is a type of good/service with qualities that cannot be observed by the consumer after purchase, making it difficult to assess its level of satisfaction.  Examples include expert services such as Tax advisory services, medical procedures, automobile repairs, and dietary supplements.

Because the quality of these products or service are unobservant through search or experience some providers tend to charge consumers at a premium for their provision.

3 0
3 years ago
A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles,
Anuta_ua [19.1K]

Answer:

A. $57,000

B. Depreciation rate per mile is $0.19

C. Depreciation is $14,630

Explanation:

a. cost of the truck less the residual value.

Cost of the truck        $69,000

Less: Residual value  <u>$12,000</u>

                                   $57,000

b. Depreciation rate per mile is computed by dividing cost of the truck less the residual value over the estimated useful life.

$57,000 / 300,000 miles = $0.19

c. Units-of-activity depreciation for the year is computed by multiplying miles driven for the year by depreciation rate per mile.

77,000 miles x $0.19 = $14,630

6 0
3 years ago
Which of these factors led to the stock market crash of 1929? A) high interest rates. B) low tariff barriers C) high taxes D) ex
Kaylis [27]

I believe the answer is: D) excessive credit expansion

Excessive credit expansion allow a person to obtain high value assets even if they do not have any money to pay for it. This create an economic bubble that eventually popped overtime, creating a massive economic depression that almost drive the nation into bankruptcy.

3 0
3 years ago
Read 2 more answers
Property taxes and fines represent which of the following classes of nonexchange transactions for government units? Group of ans
zepelin [54]

Answer:

B. Imposed Non Exchange Transactions

Explanation:

A non exchange transaction is a form of transaction whereby a party or a group or an individual receives something of value without directly giving value back in exchange. In non exchange transactions, a party gives value to another without directly receiving approximate value in exchanges. Grants, taxes, special assessments, fines and so on are all parts of non exchange transactions. However, taxes and fines are imposed non exchange transactions because they are assessed and not derived from transactions.

6 0
3 years ago
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