Answer:
D
Explanation:
In fact a misdemeanor is less bad than a felony
Answer:
A) No, it is preferable to compare the fund against the Morgan Stanley Capital International Europe, Australasia, Far East (EAFE) Index because it covers international securities.
Explanation:
As It is important that a specific mutual fund should be compared against the benchmark i.e. considered appropriate. The performance of the international fund should also be compared against the foreign stock index like EAFE index
So in this way the agent should be responded to the current situation
Therefore the option a is correct
Answer:
The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.
Explanation:
Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.
The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.
The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.
So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.
Answer:
d. no one.
Explanation:
Since the issuer of the promissory note was originally Jake, he was the only responsible for the payment of the note. Once he dishonoured it, the note lost its value and no one can be responsible for it. A promissory note is an asset created as a counterpart liability of Jake wealth. If the note is exchanged many times, only the last holder will suffer jake's action
