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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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4. Miguel works as an insurance salesman, and is paid based on the number of sales he makes. He receives 10 percent of every sal
mash [69]

Answer:

The right answer is D. Commission.

Explanation:

when an employee does not have a fixed salary, but earns according to the sales he achieves during the month, and is a percentage for each. This type of payment is known as commission salary.

3 0
3 years ago
Agatha's Inc. is about to introduce a new product in the market, but is not sure as to how it should price the product. The comp
krek1111 [17]

Answer and Explanation:

There are two main pricing objective and strategy i.e competitive pricing and penetrative pricing which are explained below:

1. Competitive pricing :

In this Agatha's Inc, all five rivals should evaluate pricing models for a related kind of product. If your product has a little more value added than your collegaues, then you can establish a target price target that is higher than the competitors.  

Now to do that, it's necessary to send the customer a message that they're purchasing value for a price.

2. Penetrative pricing :

When the target price is set on the basis of the competitive pricing model , it is important to obtain the product favourably from the consumer and to do so you can start selling a little lower than the target price and sell the goods as a discount or promotional deal.

If the initial sales are strong and buyers like the product then return the product to target pricing and do intensive marketing to sell the message that the product 's cost is a bargain for the value provided by the company.

The mixture of the above two pricing strategies would ensure a better positioning of Agatha's Inc product with better profitability.

3 0
3 years ago
Which one of the following statements is correct if a firm has a receivables turnover of 36.5? Group of answer choices It takes
Free_Kalibri [48]

Answer:

The firm collects on its sales in an average of 10 days

Explanation:

if the receivables turnover is 36.5 it means it colect his accounts 36.5 times per year

we can convert this into a days metric:

<em>the days account is outstanding:</em>

365 days per year / we collect 36.5 per year = 10 days to collect an account on average

The acounts are collected every ten days on average.

7 0
3 years ago
The marion's clothing has a gross profit of $700,000 and $240,000 in depreciation expense. the preston's pants also has $700,000
bogdanovich [222]
So, doing the calculations, Marion's had $700,000-240,000=$460,000-160,000 in expenses = $300,000 x 0.4 income tax=120,000 and so 300,000-120,000=$180,000 net value. Preston's had $700,000-40,000 depreciation=$660,000-160,000 expenses =$500,000 x 0.4 taxes= 200,000 taxes so 500,000-200,000=$300,000 net value. The result is Preston's had less depreciation which provided it with more spendable income.
6 0
3 years ago
Gloria is saving for her daughter’s college education. She wants to have $100,000 available when her daughter graduates from hig
Helen [10]

Answer:

The correct answer is that Gloria would have to invest $75,581 today at the rate of 7.25 % to receive $100000 in four years,hence option is correct

Explanation:

FV=PV(1+r)^t

FV=$100000

PV= is unknown

r=7.25%

t=4years

PV=FV/(1+r)^t

PV=100000/(1+0.0725)^4

=$75581

Hence the amount Gloria has to invest today is $75581

4 0
3 years ago
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