Answer
Associate: where a company has holdings of between 20% and 50%.
Minority Interest: where a company has holdings of less than 20%
Parent Company: where a company has holdings of more than 50%.
Explanation:
<u>An associate company </u>(or associate) is a company that owns a business beyond 20% and not more than 50%. In business valuation such a company that has invested significantly in the shares of another company will have voting rights in the board of the acquired company.
<u>Minority Interest</u> is the term used to describe the investments of one company in another company, when such investments are less than 20% of the total value of the acquired company.
<u>Parent Company</u> is a company that owns more than half (50%) of the shares or value of another company.
Answer:
D. I, II, III
Explanation:
For suggesting a variable annuity to a customer, the representative has the reasonable basis to trust the customer that gained from growth of the deferred tax for the separate account, the trust of receiving the income for life and the living or death benefit allowed in the contract
So here they all three give conditions should be considered as they are relevant
Answer:
B) II and III.
Explanation:
Based on the information given the statement that are TRUE are II and III
II. The amount of $2,000($10,000-$12,000) which is the profit for the business will be given to the customer but the customer account will have to be frozen or put on hold for 90 days because the customer had not paid for the buy side before selling the shares for the amount of $12,000
III. In a situation where customer paid the amount for the buy side in full either before or after the fifth business day which is the day that follows the trading date, the customer account that had be frozen will be unfrozen or lifted because the buy side amount had be paid in full.
Answer:
$3.62
Explanation:
The dividend distributed to common share = total net income - dividend for preferred stock
= $1,004,700 - $278,600
= $726,100
Earnings per share (EPS) = The dividend distributed to common share / common shares outstanding
= $726,100/ 200700
= $3.62
The answer is C: $63.54. The credit card will be charged $63.54 in Canadian dollars for 12.00 gallons of gas.
Solution:
Gas is sold per liter in Toronto, Canada for = $1.399
Car needs = 12.00 gallons
12 galloons = 45.4249 liters
Therefore, 45.4249 liters of gas = 45.4249 * 1. 399
= 63.54
Thus, The credit card will be charged $63. 54 for 12.00 gallons of gas.
The official currency of Canada is the Canadian dollar (sign: $; code: CAD; French: dollar canadien). There is no standard disambiguating form; nevertheless, prominent style guides frequently recommend the abbreviation Can$ to distinguish it from other dollar-denominated currencies. It is abbreviated with the dollar sign $. There are 100 pennies in it.
Gas is sold for $1.399 per liter in Toronto, Canada. Your car needs 12.00 gallons. How much will
your credit card be charged in Canadian dollars?
A) $67.15
B) $16.79
C) $63.54
D) $4.44
Learn more about Canadian dollars here:
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