That statements is true
Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.
So, in this case, they did perform both production and retailing activities
Answer:
Frank should set up automatic withdrawals for the company he is paying.
Explanation:
Answer:
b) razors to increase.
Explanation:
The announcement by the American Medical Association will cause an increase in demand for razors since the perception will be men that shave their hair are less likely to die of heart attack.
There will be a shift in demand to the right, resulting in increase in demand at all prices.
A shift in demand occurs when other factors except for price causes a change in demand of a good.
The shift in demand is illustrated in the attached diagram.
Answer:
No effect
Explanation:
As with opening of petty cash fund, there is an exchange in the form of asset.
The free cash is now divided in two parts, cash and petty cash.
Both are assets and the closing balance of cash in balance sheet is aggregate of free cash and petty cash.
Therefore, there is no impact in the total assets as now free cash is petty cash which is later added to free cash.
Answer: Under FINRA rules, this is an example of<em><u> non-cash compensation and is prohibited.</u></em>
FINRA forbids enrolled individuals from accepting a acquisition in the sum of more than $100, and also forbids representatives from accepting "non-cash compensation".
The mutual fund sponsor is not the employer of the registered representative - the representative is an employee of the broker-dealer who is in the mutual fund selling group. The benefactor is not permitted to hold such contest - only the employing organizations can hold such contest, provided that it cannot favor the sale of one fund over another. This is an example of "non-cash compensation" under FINRA rules and is prohibited.
