A real estate broker pays $50 to a life insurance broker for each referral that goes to closing. This arrangement is:

A customer purchases 8M of City of Los Angeles 4% G.O.'s, maturing in 2038 at 95. The interest payment dates are Jan 1st and Jul

Temka [501]

Answer:

The amount customers are expected to pay $7600 per bond

Explanation:

8M implies that the municipal bond has $8000 as its par value.

The amount a customer would is 95% of the par value

Hence, customers are expected to pay $7600 (95%*$8000)

For instance a 5M at 105 means that the par value of the bond is $5000 but issued at 105%, which translates into $5250 without considering commissions as well as the accrued interest on the bond which might also be factored into the price.

6 0

2 years ago

Read 2 more answers

The spatial ability of visualization is the ability to ____(A) examine and compare numbers, letters, and objects quickly.(B) com

alexandr402 [8]

Answer:

C: imagine how separatethings will lokk if they were put together in a particular way.

Explanation:

The person that has the spatial ability of visualization is able to change things around them and visualize a perfect location for them because this skill is a manifestation of their perceptions and the facility they have for remembering things, places, distances, positions, etc. They visualize the perfect place for objects.

5 0

3 years ago

What do individual shareholders gain when they buy shares of a companies stock?

baherus [9]

Share Ownership by Individuals.
Did you know owning shares means tax advantage. Your tax situation can benefit from using the tax advantage that come with fully franked dividends.owning shares also means you are a company owner. When you are buying shares you are buying the company`s asset and its profits. All that told there many advantages that come along with purchase of shares by an individual who wishes to invest his capital in shares.
Benefits of Owning Shares.

1. Stock Owners Take Advantage of a Growing Economy.
As the economy grows so do cooperates earning that is because economic growth creates income this will create a consumer demand that will automatically drive more revenue into companies register an lead to rise company`s share value.
2. Easy to Buy.
The stock market has made it easy to by shares from companies. They can be purchased through a broker, financial planner or online. Once you have set up an account you can stock at any minute. The stock market runs 24 hours, five days a week making the market reliable and sufficient.
3.They are the Best Way to Stay Ahead of Inflation.
Historically stocks have averaged an annual return of 10%. That is better than the annual inflation of 3.2%. It means you have a longer time horizon. That way a stock owner is limited to the risks aligned with the stock market.
4. They are easy to sell.
The stock market allows you to sell your shares at anytime. That will surely help if you really need the cash in a hurry. One disadvantages related to this is that the prices are really volatile so the shareholder runs the risk to make losses when the make haste decisions.
5. You make money in two ways.
Many investors tend to by shares when they have low prices and sell when they are high. They invest in companies that appreciate in value at at either a fast rate or moderate rate. This attracts both day traders and buy-hold investors and this bridges the gap in making money in to ways.

Summery.
A well defined portfolio will provide most benefits and fewer risk arising to stock ownership. to exchange you shares at a limited risk and get to earn more experts advice apart from stock ownership alone have a mix of stock bonds and commodities. This has proven to be the best way to make highest returns at lower risk. It is important to note that shareholders in stock market contribute close to 80% of the revenue in the market.

6 0

2 years ago

As of December 31, 2016, Amy Jo's Appliances had unadjusted account balances in accounts receivable of $313,000 and $870 in the

Fantom [35]

Answer:

Bad debt expense for 2016 should be: c. $8,520

Explanation:

As of December 31, 2016, Amy Jo's Appliances had accounts receivable of $313,000 and the allowance for uncollectible accounts should be 3% of accounts receivable

Bad debts are estimated: 3% x $313,000 = $9,390

Amy Jo's Appliances had $870 in the allowance for uncollectible accounts

Bad debts expense = $9,390 - $870 = $8,520

The entry will be made:

Debit Bad debts expense $8,520

Credit Allowance for uncollectible accounts $8,520

5 0

3 years ago

Justin Company's budget includes the following credit sales for the current year: September, $27,000; October, $38,000; November

Nesterboy [21]

Answer:

Total Cash to collect in November is $34,110.

Explanation:

To determine how much cash can Justin expect to collect in November, we prepare a Trade Receivables Budget.

<u>Trade Receivables Budget</u>

September October November

Balance b/d $0 $24,300 $40,950

Credit Sales $27,000 $38,000 $32,000

Cash Received - 10% ($2,700) ($3,800) ($3,200)

Cash Received - 65% $0 ($17,550) ($24,700)

Cash Received - 23% $0 $0 ($6,210)

Balance c/d $24,300 $40,950 $38,840

Therefore,

Total Cash to collect in November is $34,110 ($3,200 + $24,700 + $6,210).

3 0

2 years ago