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3 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

1 answer:

Evgen [1.6K]3 years ago

7 0

Answer:

Delivery versus payment account is the correct answer.

Explanation:

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. For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual in

Zielflug [23.3K]

Answer:

Inventory cost will be $3

So option (b) is correct option

Explanation:

We have given that carrying and setup cost is $600

So carrying and setup cost = $600

And EOQ = 200 units

We have to find the inventory carrying cost per year

We know that inventory carrying cost is given by

inventory carrying cost $=\frac{carrying\ and\ setup\ cost}{EOQ}=\frac{600}{200}=$3$

So option (b) will be correct option

4 0

3 years ago

You are the beneficiary of a life insurance policy. the insurance company informs you that you have two options for receiving th

lesantik [10]

So in this case, you would need to find the present value (PV) of the monthly payments. With the information given, you would have a PV= 195,413.08, which is less than the lump sum payment. In this case, you would take the 1 time payment.

Another way to look at this is to calculate the future value (FV) of both payouts. For the lump sum payment, you would assume the same interest rate (6%) and at the end of the same 20 years period, your investment would be worth 662,040.90 while the monthly payment option would be worth 646,857.25

7 0

3 years ago

Select the correct answer.

irga5000 [103]

$60, because 4 percent of 300 is 12, and 12*5 years is $60 earned through interest.

The answer is 60.

5 0

3 years ago

Read 2 more answers

If the form of a will is made orally, and written down by a witness, how is it called?

kvv77 [185]

<span>If the form of a will is made orally, and written down by a witness, it is called </span>nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.

6 0

3 years ago

n July 1, 2020, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $4,200,000. The county

Alexus [3.1K]

Answer:

Prepare journal entries to record the tax levy on July 1, 2020, in the General Fund. (Ignore all entries in the governmental activities journal.)

Dr Taxes receivable - current 4,200,000

Cr Allowance for uncollectible current taxes 84,000

Cr Revenues 4,116,000

Prepare a summary journal entry to record the collection of current taxes as of April 30.

Dr Cash 3,900,000

Cr Taxes receivable - current 3,900,000

Prepare a summary journal entry to record the collection of delinquent taxes, interest, and penalties.

Dr Cash 57,800

Cr Taxes receivable - delinquent 53,000

Cr Interest and penalties receivable 4,800

Dr Deferred inflows of resources 57,800

Cr Revenue 57,800

6 0

3 years ago