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Fynjy0 [20]
3 years ago
6

The manager of a discretionary account places client funds in a suitable investment because it provides a higher commission than

alternatives that are also suitable for the client. The selected investment subsequently appreciates in value. This investment manager did not:
Business
1 answer:
amid [387]3 years ago
7 0

Answer: C. have a conflict of interest because the investment was suitable for the client

Explanation:

Conflict of interest occurs when the aims of two different parties are not thesame. In such scenario, the best interest of an individual is different from the best interest of the other person.

Since the client funds placed for investment brought about a good return, then the investment manager doesn't have a conflict of interest because the investment was suitable for the client.

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Ever since a large manufacturing plant opened a quarter mile from stanley’s house, he has been bothered by air pollution and lou
leva [86]
Stanley goes to civil court seeking an injunction which is a court order requiring the plant to stop. An injunction is a judicial order which restrains a person or a business entity from starting or continuing an action threatening or invading the legal right of another citizen.
8 0
3 years ago
Bortello Corporation produces high-quality leather boots. The company has a standard cost system and has set the following stand
yan [13]

Answer:

B. $30,000 and $15,000

Explanation:

We can compute this as follows,

We need to calculate flexed budget costs for the production of 125 boots.

Budgeted / boots are as follows,

Leather cost / boot = $240

Direct Labor / boot = $120

The costs that should have been for 125 boots are then,

Leather = 125 * 240 = $30,000

Direct Labor = 125 * 120 = $15,000

Hope that helps.

7 0
3 years ago
What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows? The requi
Eddi Din [679]

Answer:

NPV = $-3,383.25

Explanation:

The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite.  

NPV of an investment:  

NPV = PV of Cash inflows - PV of cash outflow  

PV of cash inflow =

$12,500, × 1.1535^(-1)  +  19,700, × 1.1535^(-2) + 0× 1.1535^(-3)  +  10,400.× 1.1535^(-2) = 31,516.7476

Initial,cost = 34,900

NPV = 31,516.7476  - 34,900 = -3,383.25

NPV = $-3,383.25

5 0
3 years ago
Mia and Mario specialize in producing the item in which she or he has a comparative advantage. Then they trade one pasta dish fo
Gnoma [55]

Answer:

4, 4

Explanation:

Now mia has comparative advantage in pasta production while Mario has advantage in pizza making

Before they both specialized, one was making 4 pizza and 4 pasta while the other made 4 pasta and 4 pizza.

Total pizza made = 8

Total pasta made = 8

After they specialized,

Maria makes 4 + 8 = 12 pizza

Mia makes 4+8 = 12 pizza

12-8= 4

So they both make 4 more pasta and 4 more pizza

3 0
3 years ago
What is purchasing process?
konstantin123 [22]
Purchasing<span> is the formal </span>process<span> of buying goods and services. The </span>purchasing process<span> can vary from one organization to another, but there are some common key elements. The </span>process<span> usually starts with a demand or requirements – this could be for a physical part (inventory) or a service.</span>
7 0
3 years ago
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