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SVEN [57.7K]
3 years ago
7

Under the provisions of the Investment Advisers Act of 1940, if an adviser takes custody of customer funds or securities, accoun

t statements MUST be sent to the customer:
Business
1 answer:
iogann1982 [59]3 years ago
8 0

Answer:

Quarterly

Explanation:

According to the provisions of the Investment Advisers Act of 1940, in the case when an advisor takes the customer custody in term of funds or securities so the account statement must be sent to the customer on the a quarterly basis i.e. four times in a year. Here four times means every three months

therefore as per the given situation, the quarterly is the answer

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Project A has cash flows of $4000, $3000,&0 and $3000 for years 1 to 4 and project B has cash flows $2000,$3000,2000,$3000 f
rosijanka [135]

Answer:

Project X has both a higher present and a higher future value than Project Y.

Explanation:

Hope this helps :)

7 0
4 years ago
Timothy is a passionate speaker and has a political science degree. He is a natural leader and enjoys a challenge. Suzette also
gizmo_the_mogwai [7]
Tim should be in governance.
Suzette should be in planning
3 0
3 years ago
Read 2 more answers
This passage is excerpted from William Graham Sumner, "The Absurd Effort to Make the World Over," originally published in 1894.
Contact [7]

Answer: the correct answer is Alternative D. The excerpt enlicits many times how unnecessary it is to fight for a situation that is settled and that won't change the living standarts of workers for best. It even says that <u>the social reform would turn those standarts to what they were in colonial times</u>. Analyzing those opinions, it is possible to conclude that alternative D is the one that best summons what is said.

4 0
3 years ago
Net income (in millions) $150 Shares outstanding (in millions) 300 Stock price $30.00 What is the price-earnings ratio (to the n
Aloiza [94]

Answer:

60

Explanation:

price-earnings ratio = price / earnings per share

earnings per share = net income / shares outstanding = $150 / 300 = $0.50

$30 / $0.50 = 60

3 0
3 years ago
A division manager is choosing between two mutually exclusive projects. Project A Project B Net present value $235,000 $210,000
Gre4nikov [31]

Answer:

Project A

Explanation:

There are two things to consider here when deciding on the project selection. First, the manager requirement to select the project which at least earns 12%.

Second, maximum return that could be generated from the project. This could be confirmed when determining which project has the highest Net present value (NPV). As NPV, is the difference between the present value of cash outflow (investment) and present value of cash inflow (returns) which is discounted at present time. If positive NPV is calculated then this means project is worthwhile.

Assessing the information given in the question, both projects earn at least 12%, therefore they both meet manager's requirements. While in case of Net present value Project A has the highest NPV and therefore suggest a better return on the project's investment in comparison to project B.

Hence, manager will likely choose Project A.

5 0
3 years ago
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