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lesya692 [45]
2 years ago
13

An institutional client wishes to open an account at a brokerage firm, but wants the positions in the account held at a bank and

not by the broker. What type of account should be opened
Business
1 answer:
Evgen [1.6K]2 years ago
7 0

Answer:

Delivery versus payment account is the correct answer.

Explanation:

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Helena corporation declared a 2-for-1 stock split on 8,000 shares of $6 par value common stock. if the market price of the stock
Kryger [21]

In a 2 for 1 stock split, par value and market value will be 1/2 of what they were prior to the split and number of shares will be two times what it was.

So,

 

par value will be 6 x 0.5 = $ 3.00 

market value will be 25 x 0.5 = $ 12.50 

number of shares  8,000 x 2 will be 16,000 shares

3 0
3 years ago
If the cross-price elasticity of two goods is negative, then the two goods are a. inferior goods. b. normal goods. c. complement
Solnce55 [7]

Option C. If the cross-price elasticity of two goods is negative, then the two goods are <u>complements.</u>

<u></u>

<u></u>

<u></u>

What is Cross-Price Elasticity?

  • Cross-price elasticity measures how sensitive the demand of a product is over a shift of a corresponding product price.
  • Often, in the market, some goods can relate to one another.
  • This may mean a product’s price increase or decrease can positively or negatively affect the other product’s demand.
  • A price increase of a complementary product will lead to lower demand or negative cross-price elasticity, and a price increase in a substitute product will lead to increased demand or a positive cross-price elasticity.
  • Unrelated products have zero cross-price elasticity.
  • For substitute products, an increase in the price of a substitute product increases the demand for the competing product.
  • This is often because consumers always try to maximize utility.
  • The less they spend on something, the higher the perceived satisfaction.

To know more about cross- price elasticity , refer:

brainly.com/question/15308590

#SPJ4

4 0
1 year ago
Jim is a lawyer who requires that his clients pay him in advance of legal services rendered. Jim routinely credits Legal Service
ss7ja [257]

Answer:

Legal Service Revenue Dr $3000

Unearned Revenue Cr $3000

This is due to the fact that the amount of 25% of the work is undone. Hence, it is recorded as a liability and since it is earned, it is shown as unearned revenue.

3 0
3 years ago
The first marketing law suggests that to be successful in the market, marketers need to?
tia_tia [17]

The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.

<h3>What is the significance of marketing laws?</h3>

Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.

Therefore, the option C holds true and states regarding the significance of marketing laws.

Learn more about marketing laws here:

brainly.com/question/16264752

#SPJ4

The incomplete question has been completed below for better reference.

A. Understand customer's demands

B. Identify brand positioning

C. Both A and B

D. None of these

3 0
1 year ago
A firm has a profit margin of 12 percent; total asset turnover of 0.55 and an equity multiplier of 2.2. What is the firm's ROA a
lutik1710 [3]

Answer:

ROA = 6.6%

ROE 14.52%

Explanation:

profit margin = net income / sale = 12%

assets turn over = sales / assets = 0.55

equity mutiplier = assets / equity = 2.2

ROE = return on equity = net income / equity

ROA = return on equity = net income / assets

we use the fraction properties to get ROE and ROA

\frac{income}{sales} \times \frac{sales}{Assets} =\frac{income}{Assets} \\ 0.12 \times 0.55 = 0.066\\

ROA = 6.6%

We apply the same property to get ROE

\frac{income}{assets} \times \frac{assets}{equity} =\frac{income}{equity} \\ 0.066 \times 2.2 = 0.14252\\

ROE = 14.52%

6 0
3 years ago
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