1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xenn [34]
2 years ago
5

An investment adviser has researched a promising company and has decided to buy its stock for its proprietary account and for th

e account of each of the firm's clients. Which action on the part of the adviser is acceptable
Business
1 answer:
riadik2000 [5.3K]2 years ago
7 0

Answer:

The investment adviser first buys the shares for its customer accounts and then places the order necessary to buy the shares for its proprietary account 

Explanation:

Since buying a large position for the adviser's customers might tend to push the price of the stock up, the adviser cannot benefit from this by "front running" the customer orders by placing an order to buy the stock for its proprietary account just before placing the big customer orders to buy. The best procedure is to buy the stock for the customers first and then for the adviser's proprietary account. Remember that the adviser is a fiduciary who must place his clients' interests first.

You might be interested in
In September 2000 the Pullman Group arranged a bond issue for the estate of the late Marvin Gaye. The collateral on the bonds (a
nata0808 [166]

Answer:

The bond will sell for the amount of $869.17

Explanation:

According to the given data coupon amount = 50/2 = 25

Therefore, in order to calculate the selling price of the bond we would have to make the following calculation:

selling price of the bond = 25 * PVIFA(3%,52) + 1,000 * PVIF(3%,52)

selling price of the bond= 25 * 26.1662 + 1,000 * 0.2150

 selling price of the bond= $869.17

The bond will sell for the amount of $869.17

6 0
4 years ago
Sue's Soup Products uses a process costing system with two processing departments: the Mixing and Cooking Department and the Can
valkas [14]

Answer:

$0.65

Explanation:

The unit cost per can of soup transferred to finished goods warehouse during March is the total manufacturing costs incurred by both Mixing and Cooking department and Canning Department divided by the total number of cans of soup transferred.

Both departments incurred $122,900  in manufacturing costs i.e($113,400+$9,500) while the total number of gallons of soup transferred to finished goods warehouse was 190,000 cans

Unit cost per can of soup=$122,900/190,000=$0.65  

6 0
3 years ago
If investors speculate in derivative contracts rather than the underlying asset, they will probably achieve ________ returns, an
Ede4ka [16]

Answer:

Explanation: do your best and i hope you do good

8 0
3 years ago
Nokia is a cell phone brand that offers digital cameras as part of its cell phone products. It is now in direct competition with
Arisa [49]

Answer:

D

Explanation:

3 0
4 years ago
A company ABC has contracted a third-party logistics company XYZ. Which one of the following functions is least likely to be pro
Elena L [17]

Answer: Warehouse management

Explanation:

Since the company ABC contracted a third-party logistics company XYZ, some of the functions that can be provided by the third-party logistics company (XYZ) to ABC include:

• inventory control

• customer service function (e.g., storing spare parts)

• transportation of goods

• production of components

It should be noted that performing warehouse management is very unlikely. This simply means the oversight with regards to the operations in the warehouse such as receiving inventory, tracking inventory, managing shipping etc. This should be provided by ABC and not XYZ.

3 0
3 years ago
Other questions:
  • The following information for the year ended December 31, 2016, was reported by Nice Bite, Inc.
    7·1 answer
  • e. Which country has a comparative advantage in producing cars? f. Which country has a comparative advantage in producing grain?
    11·1 answer
  • In which type of economy is a business owner most likely to benefit from free<br> enterprise?
    13·1 answer
  • A city sells $15 million of general obligation bonds on October 1, 2019. The bonds mature at the rate of $1 million a year each
    6·1 answer
  • Jordan performs services for Ryan. Which of the following factors, if any, indicates that Jordan is an independent contractor ra
    13·1 answer
  • Which services would a charitable organization provide? Check all that apply. preserving waterways operating a city aquarium ope
    5·1 answer
  • Seeking to lower overall costs, a South Korean car manufacturer sources many of the parts for its cars from other Asian countrie
    7·2 answers
  • Dear Mr. Sanchez:
    8·1 answer
  • Suppose a manufacturing plant purchased a new heating system in December, 2015 and, after installing and testing the equipment,
    12·1 answer
  • In a free market, prices are determined by
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!