Answer:
C) When he begins advertising the availability of the investment advisory services.
Explanation:
The Investment Advisor Act of 1940 states that an individual is subject to regulation as an investment advisor if the individual gives investment advice and advertises himself/herself as offering such investment advisor services.
In this case, the moment Ken begins advertising his advisor service, he is subject to regulation under the Investment Advisor Act of 1940.
Answer:True
Explanation:A limited partnership is a form of partnership business between two or more patners in which the major partner which is the general patner has controllable interests in the running of the business and making the managerial decision while the other partner(s),which is the limited partner has only a limited liability equating to the amount invested by him/her.But in the case of the general partner,he/she has unlimited liability of the business debt.Also,the limited partner(s) core&only objective is just about making profit/returns of his/her own initial investment.
So in the case of Emma Pebble and Chase Stone,Emma is the general partner who actively takes part in the running of the business,thus bearing the major risks&liablities,while Chase is the limited partner whose only interest is to partake in profits from his initial investment.
Explanation:
Given that
Debit balance = $845
Uncollectible receivables = $15,368
The Journal entry is given below:-
1. Bad debt expenses $16,213
To, Allowance for Doubtful Accounts $16,213
(Being bad dept expenses is recorded)
Note
Computation is shown below:-
Debit balance + Uncollectible receivables
= $845 + $15,368
= $16,213
Answer:
The price of subscription = 6.5
Explanation:
ex rights price = (current price × shares outstanding + amount raised) ÷ (current shares + amount raised/subscription price)
78 = (100×25+50) ÷ (25+50/Subscription price)
The price of subscription = 6.5
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