Answer:
The answer is: The customer's IRA assets should be considered as part of the customer's total portfolio and risk profile.
Explanation:
The branch office manager (BOM) should advice the registered representative (RR) that IRA assets are generally invested conservatively. But that is not always the case, since you must consider the customer's total investment portfolio. In this case, the investor has already $150,000 invested conservatively, so if he decides to invest $100,000 more aggressively, then it's OK. The customer's IRA assets should be considered as part of the customer's total portfolio and risk profile.
When two knowledgeable people acting independently each produce the same info, this info is said to be true because they could have possibly thought about it together.
Answer:
Since there is no loss occur from these sales and rather $15 per pair is profit from the sale of boots. So it should be accepted.
Explanation:
Now the calculation of differential income or loss per pair of boots from selling to the organization,
Answer:
a. a deficit, financed by borrowing in the capital markets, will increase the interest rate and reduce investment in the private sector.
Explanation:
Crowding out effect is when government borrowing from the capital markets leads to an increase in interest rate. this makes it more expensive for private sector to borrow and this reduces investment by private sector
Answer:
Answer is B
Explanation:
Cash flow = Net Income + Adjustment for Non-Cash expenses
So we must first calculate the Net Income for the second year using the Profit and Loss Statement format:
Year 2
Revenue $400,000
Less Expenses ($220,500)
Less Depreciation ($ 20,000)
Profit before Tax $159,500
Less Tax ($54,230) {34% of Profit before Tax}
Net Income $105,270
Add Depreciation $20,000
Cashflow $125, 270
{Remember Depreciation is a non cash expense, so we must add it to the Net income to arrive at the cash flow}
(Remember the company expects no change in revenue)
