Goodwill Millennium Corporation purchases Falcon Inc. for $3.5 M. Falcon has the following assets all recorded at cost: Accounts receivable $ Inventory Land Building (net) Equipment (net) Total Assets Requirements. Goodwill is valued is "$1.15 million".
Goodwill is captured on the balance sheet when the purchase price of an acquired company exceeds the fair value of its identifiable net assets.
To determine if there is any goodwill related to millennium's purchase of Falcon,
we need to compare the purchase price to the fair value of Falcon's identifiable net assets.
Given that,
Purchase price of Falcon = $3.5 million
Fair value of Falcon's identifiable net assets = $2.35 million
To calculate the value of the goodwill,
we subtract the fair value of Falcon's identifiable net assets from the purchase price,
Goodwill's corporation = Purchase Price of asset - Fair Value of the Net Assets
Goodwill = $3.5 million - $2.35 million
Goodwill = $1.15 million
Therefore, Millennium's purchase of Falcon's value is $1.15 million.
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a perfectly competitive market In which all firms have identical cost structures, the short run supply curve is and the long run supply curve is Multiple Choice upward-sloping: perfectly elastic perfectly elastic; upward-sloping upward-sloping: upward-sloping downward-sloping; upward-sloping
The correct answer is: The short-run supply curve is upward-sloping, while the long-run supply curve is perfectly elastic.
In a perfectly competitive market with identical cost structures, the short-run supply curve is upward-sloping because firms need to cover their variable costs and earn a profit. As prices increase, firms are willing to supply more output to maximize their profits.
However, in the long run, firms have more flexibility to adjust their production levels and make changes to their operations. They can enter or exit the market and adjust their scale of production. In a perfectly competitive market, there are no barriers to entry or exit. Therefore, in the long run, the supply curve becomes perfectly elastic, indicating that firms can adjust their output to any level without affecting the market price.
To summarize, in a perfectly competitive market with identical cost structures, the short-run supply curve is upward-sloping, reflecting the firms' need to cover costs and earn a profit, while the long-run supply curve is perfectly elastic, indicating the firms' ability to adjust production levels in response to changes in market conditions.
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a treasury bill purchased in december 2020 has 84 days until maturity and a bank discount yield of 3.38 percent. assume a $100 face value. a. what is the price of the bill as a percentage of face value? (do not round intermediate calculations. round your answer to 3 decimal places.)
To calculate the price of the treasury bill as a percentage of face value, we can use the bank discount yield formula:
Bank Discount = Face Value x Discount Rate x Time
Price = Face Value - Bank Discount
First, we need to convert the bank discount yield to a decimal by dividing it by 100:
Discount Rate = 3.38% / 100 = 0.0338
Next, we can plug in the given values:
Bank Discount = $100 x 0.0338 x (84/360) = $0.8357
Price = $100 - $0.8357 = $99.1643
Finally, we can calculate the price as a percentage of face value:
Price as % of Face Value = (Price / Face Value) x 100%
= ($99.1643 / $100) x 100%
= 99.1643%
Therefore, the price of the treasury bill as a percentage of face value is 99.1643%.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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There are several steps you can take to reduce the potential of being a victim
of consumer fraud, including.
Answer:
Here are some steps to be taken to avoid being a victim of consumer fraud:
Spot Imposters: Scammers often pretend to be someone else, especially one you can trust, like a government official.Online searching: Search about the company of product online to see if it is legit or not.Don't pay in advance: Scammers always try to get money in advance, in terms of taxes or fees.Discuss with someone: Before giving someone your money, talk to someone you trust or preferably to an expert.Personal information: Don't given any unknown person your personal information, money, or any kind of financial detailsIn the Promotion Budget Resource, teams can select which of the following media areas.
A. Print Media and Television.
B. Email and Telephone Contact.
C. Trade and Road Shows.
D. Web Media and Direct Mail.
In the Promotion Budget Resource, teams can select from four different media areas to allocate their promotional budget: Print Media and Television, Email and Telephone Contact, Trade and Road Shows, and Web Media and Direct Mail.
Promotion is an essential component of marketing that involves communicating information about a product or service to potential customers. To do so, companies allocate a budget to promote their products or services. The Promotion Budget Resource offers teams a selection of four media areas to allocate their promotional budget: Print Media and Television, Email and Telephone Contact, Trade and Road Shows, and Web Media and Direct Mail.
Print Media and Television involve traditional media platforms such as newspapers, magazines, and television ads. Email and Telephone Contact includes targeted email campaigns and telemarketing. Trade and Road Shows are face-to-face promotional events where companies can showcase their products to potential customers. Finally, Web Media and Direct Mail includes digital marketing efforts such as online ads, social media, and direct mail campaigns.
By offering these different media areas, the Promotion Budget Resource allows teams to choose the most effective channels to reach their target audience and allocate their promotional budget accordingly. Depending on the product or service, some media areas may be more effective than others, and it's essential to choose the most suitable options to ensure the success of the promotion.
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Which of the following examples is NOT a great way to improve your credit score?
A. Taking a loan of $40,000 to pursue an undergraduate degree in business management from a high performing university
B. Paying bills in full and before they are due
C. Applying for a credit card at age 19 with a low limit and savings tools
D. Taking out a massive loan on a luxury vehicle that is over budget
Option D, taking out a massive loan on a luxury vehicle that is over budget, is NOT a great way to improve your credit score.
Option D is not a great way to improve your credit score. Taking out a massive loan on a luxury vehicle that exceeds your budget can lead to financial strain and potentially missed or late payments, which can negatively impact your credit score. It is important to borrow within your means and ensure that you can comfortably make the loan payments on time.
In contrast, options A, B, and C are generally good strategies for improving your credit score. Option A, taking a loan for pursuing education, can be beneficial if it leads to increased earning potential.
Option B, paying bills in full and before they are due, demonstrates responsible financial behaviour and can help establish a positive credit history. Option C, applying for a credit card at a young age with a low limit and savings tools, allows for building a credit history and developing good credit habits if used responsibly.
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Which of the following is not a reason that the subject line should never be
left blank?
• A. The receiver may be
confused and decide to delay opening it.
•
B. The receiver may think the message iS spam.
C. The email will not be transmitted without that information.
D. The receiver may not consider the message important.
Answer: C. The email will not be transmitted without that information is not a reason that the subject line should never be left blank. The email can be transmitted without a subject line, it just may be less likely to be opened or considered important by the receiver.
Explanation:
Answer:
C. The email will not be transmitted without that information.
A subject line is important in an email because it gives the receiver an idea of what the email is about and whether or not it is important or relevant to them. Leaving the subject line blank can cause confusion, delay the receiver opening the email or even mark it as spam, and make the receiver not consider the message important. But an email will be transmitted without a subject line, it's just that the receiver may not understand the content of the email.
In the résumé above, what would cause appearance of the "00000000000"?
The “ 00000000000” on the résumé could be an error, but I believe that it means that they do not have any experience and/or objectives.
(Edit): Hi! I just completed my test and I got a 100 by using this
The resumes were scanned, and the formatting changed the way they looked when they were converted to text. Under "Objective" in this instance, there was an underlining that changed to "000000000000."
What is Formatting ?
The presentation or appearance of your essay is referred to as formatting. Layout is another term for formatting. Headings, regular paragraphs, quotations, and bibliographic references are the four text types that the majority of essays use. Both endnotes and footnotes are acceptable.
If the paper is double or single spaced, where the page numbers are placed, and whether a cover page is included or not are examples of formatting. Different formatting conventions call for different sets of rules.
By dividing information into sections and giving them headings, emphasizing essential phrases or concepts using bold, italics, or lists, and generating a strong first impression, formatting also increases the reader's accessibility to the content (professional look and feel, appropriate font choice for the document type).
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you have determined you will need to have $32,000 saved up for your dream car in 6 years. your savings account earns 4% interest compounded quarterly. (a) if you can set aside money every quarter, how much would you need to deposit into your savings account every quarter? (b) how much total money will you put into the account? (c) how much total interest will you earn?
a) The quarterly deposit needed to reach the goal of $32,000 in 6 years is approximately $1,333.33.
b) The total amount deposited into the account over the 6-year period is approximately $31,999.92.
c) The total interest earned over the 6-year period would be approximately $0.08.
To calculate the amount needed to be deposited every quarter, the total amount required ($32,000) can be divided by the number of quarters in 6 years, which is 24 quarters (6 years * 4 quarters/year).
a) Calculation of quarterly deposit:
Amount needed to be deposited every quarter = Total amount required / Number of quarters
= $32,000 / 24
≈ $1,333.33
Therefore, you would need to deposit approximately $1,333.33 into your savings account every quarter to reach your goal of $32,000 in 6 years.
b) Calculation of total money deposited:
Total money deposited = Quarterly deposit * Number of quarters
= $1,333.33 * 24
= $31,999.92 (rounded to the nearest cent)
Therefore, the total amount of money you would put into the account over the 6-year period is approximately $31,999.92.
c) Calculation of total interest earned:
To calculate the total interest earned, we subtract the total amount deposited from the total amount required:
Total interest earned = Total amount required - Total money deposited
= $32,000 - $31,999.92
= $0.08 (rounded to the nearest cent)
Therefore, the total interest earned over the 6-year period would be approximately $0.08.
It's important to note that these calculations assume a constant deposit amount every quarter and a fixed interest rate of 4% compounded quarterly. Actual interest earned may vary based on the exact timing and frequency of deposits, as well as any fluctuations in interest rates.
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Which two age groups have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018?
Answer:
over age 55 paid about 45 percent
The two age groups that have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018 are 45 and 55, 55 and 65.
Who has the sharpest increase as a percentage of taxpayers?This is known to be those who have the biggest increase in terms of the percentage of taxpayers.
The biggest or largest share of the income tax burden is said to be 29 percent and it is one that is often is borne by an approximate of between the age of 45 and 55, and the other next largest share is 23 percent – that are carried by people between the ages of 55 and 65.
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How do you increase the quality of your products, i. E. , reduce flaws in production? chegg.
Increasing the quality of your products can be achieved by doing the
following:
Using standard raw materials.Adopting best work practices.What is Quality?This is the measurement of standard or excellence of an individual, goods
and services.
It is best for an organization to churn out quality products as it helps to
increase sales and profit. This can however be achieved by using standard
raw materials and practices during production.
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What do insurance companies pay to compensate consumers after a loss? copayments deductibles payouts premiums
Answer:
C. payouts
Explanation:
i took the test
Hilton Corp. has revenues of $1,214,800, costs of $816,355, and pays a tax rate of 32 percent. If the firm pays out 50 percent of its earnings as dividends every year, what is the amount of retained earnings
Answer:
its $133,471.30
Explanation:
All else equal, long-term bonds have less price risk than short-term bonds. b. All else equal, low-coupon bonds have less price risk than high-coupon bonds. c. All else equal, long-term bonds have less reinvestment risk than short-term bonds. d. All else equal, short-term bonds have less reinvestment risk than long-term bonds. e. All else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds.
Answer:
c. All else equal, long-term bonds have less reinvestment risk than short-term bonds.
Explanation:
Bond is a financial obligation that runs for at least five and much longer time peroid. They can be fixed, floating and exchangeable bonds.what is meant by sales organization? what are the purposes? make sure to be as specific as possible. 2. describe the various sales forecasting methods. make sure to describe all the different methods we discussed in class. 3. list and explain the three different methods we discussed when it comes to determining sales force size. 4. what are organizational citizenship behaviors (ocb) and how do they contribute to salesperson performance? 5. what are two of the biggest takeaways for you when it comes to motivating the sales force?
1. A sales organization refers to the structure of a company's sales department, including its size, hierarchy, and geographic structure. The main purpose of a sales organization is to facilitate the sales process and maximize revenue generation.
2. There are several methods of sales forecasting, Historical analysis,Market research,Expert opinion,Trend analysis, Regression analysis.
3. The three methods of determining sales force size are Workload analysis,Sales potential analysis,Incremental analysis.
4. Organizational citizenship behaviors (OCB) refer to voluntary behaviors that are not part of an employee's formal job description but contribute to the overall effectiveness of the organization.
5. Two of the biggest takeaways for motivating the sales force are:Providing clear goals and expectations,Offering incentives and rewards.
The main purpose of a sales organization is to facilitate the sales process and maximize revenue generation. This involves setting sales targets and goals, creating sales strategies, hiring and training salespeople, managing territories, and monitoring and evaluating performance.
2. There are several methods of sales forecasting, including:
- Historical analysis: using past sales data to predict future sales
- Market research: conducting surveys and focus groups to gather customer feedback and market trends
- Expert opinion: consulting with industry experts and sales professionals to make informed predictions
- Trend analysis: analyzing patterns and trends in sales data over time
- Regression analysis: using statistical techniques to identify relationships between sales and other factors such as advertising spend, product price, and economic conditions.
3. The three methods of determining sales force size are:
- Workload analysis: determining the amount of work that needs to be done by the sales force and then calculating the number of salespeople needed to accomplish that work
- Sales potential analysis: estimating the potential sales that could be achieved in a given territory and then calculating the number of salespeople needed to capture that potential
- Incremental analysis: evaluating the incremental costs and benefits of adding or reducing salespeople to the sales force.
4. Organizational citizenship behaviors (OCB) refer to voluntary behaviors that are not part of an employee's formal job description but contribute to the overall effectiveness of the organization. In a sales context, examples of OCBs might include helping colleagues with their work, going above and beyond to meet customer needs, and participating in training and development activities. OCBs can contribute to salesperson performance by fostering positive relationships with colleagues and customers, promoting a positive organizational culture, and increasing overall job satisfaction.
5. Two of the biggest takeaways for motivating the sales force are:
- Providing clear goals and expectations: salespeople are often motivated by having clear targets to work towards and understanding how their work contributes to the overall success of the organization.
- Offering incentives and rewards: providing financial and non-financial incentives for achieving sales targets can be a powerful motivator for salespeople. However, it is important to ensure that incentives are aligned with the company's overall goals and values and that they do not create unintended consequences such as unethical behavior or short-term thinking.
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Recently, the cable television networks have bombarded viewers with a variety of shows based around teams that come in to redecorate homes and gardens in a very short time frame. Since these teams are typically made up of men and women of different ethnic backgrounds, age, and physical capabilities, the fact they work so well with each other to accomplish the redecorating goal is an example of ____.
a. discrimination heterogeneity
b. social integration
c. organizational plurality
d. acculturation
e. an integrative locus of control
Answer:
social integration. i hope this helps for you!
Explanation:
Good evening! Did you eat today? Did you drink water today? Did you get outside for some fresh air or even anytime to chill? Did you make sure you are healthy? If you answer no to any of these questions.. please get some to food, water, fresh air or even time to chill. Please take care of yourself! Bye! :)
Answer:
I ate an egg sandwich. I drank some water. I went outside for a short walk.
Explanation:
Thanks for asking :)
what is the standard tax deduction for senior citizens in 2021?
Answer:
Taxpayers who are at least 65 years old or blind can claim an additional 2021 standard deduction of $1,350 ($1,700 if using the single or head of household filing status). For anyone who is both 65 and blind, the additional deduction amount is doubled.
Question 15 of 20
A business that wants to increase productivity for its main product needs to:
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products...
Why is it called a company?
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products... Etymology. The Old French word compagnie, which first appeared in the Salic law (c. 1150) and meant "society, companionship, intimacy; body of troops," is where the English word "company" derives from. Companio originally derived from Late Latin and meant "one who eats bread with you." types of businesses Any business created in accordance with the 2013 Companies Act is referred to as a "company."
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How is aggregate demand by different factors and determinants?
Answer:
Aggregate demand is calculated as the sum of consumer spending, investment spending, government spending, and the difference between exports and imports. Whenever one of these factors changes and when aggregate supply remains constant, then there is a shift in aggregate demand.
Why are companies required to perform payroll withholding?
A. To make sure employees are being paid fairly
B. To make sure employees can pay their taxes
C. To help employees save for retirement
D. To help the company pay its share of taxes
Answer:
its B
Explanation:
TRUST
The expense that relates to a formal note payable and accumulates or accrues throughout the accounting period is referred to as
The expense that relates to a formal note payable and accumulates or accrues throughout the accounting period is referred to as the interest expense.
The interest expense can be assumed as a phenomenon wherein the expenses are related to a particular period of accounting, and as a result of the same, only the bills or notes that are payable within the period are recorded under this head in the books of accounts of the firm related thereto. Moreover, the interest expense is also related to the direct expenses and not the indirect ones.
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Which explains the connection between the law of demand and excess demand?
The law states that decreases in price leads to greater quantity demanded and limited supply, which occurs during
excess demand.
O The law states that increases in price increases leads to greater quantity demanded and limited supply, which occurs
during excess demand.
The law states that decreases in price leads to greater supply and equilibrium, which occurs during excess demand.
O The law states that increases in price leads to greater supply and equilibrium, which occurs during excess demand.
Answer:
The law states that decreases in price leads to greater quantity demanded and limited supply, which occurs during excess demand.
Explanation:
The law of demand talks of an inverse relationship between the price and demand for a commodity. As per the law, an increase in price leads to a decrease in demand. High prices make a product unaffordable to many consumers forcing them to seek alternatives. A price reduction encourages more consumers to buy the product, an increase in demand.
Limited supply is when sellers are unable to match the buyer's demand for a product. It is a scenario where demand exceeds supply. In limited supply, there will be excess demand in the market, which may push prices higher.
Answer:
A
or
The law states that decreases in price leads to greater quantity demanded and limited supply, which occurs during excess demand.
Explanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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what is the difference of communism and socialism?
question content area return on total assets a company reports the following income statement and balance sheet information for the current year: net income $295,320 Interest expense 106,620 Average total assets 6,290,000 Determine the return on total assets. If required, round the percentage to one decimal place.
The return on total assets is 6.25%. EBIT, or earnings before interest and taxes, is a measure of how profitable a business is.
The formula for calculating return on total assets is
Total assets on average / Net income
$125,000 / $2,000,000 = 6.25%
EBIT, or earnings before interest and taxes, is a measure of how profitable a business is.
Revenue less expenses, without taxes and interest, is EBIT. Operating earnings, operating profit, and profit before interest and taxes are other names for EBIT.
EBIT is a measure of an organization's operating profit and is often used interchangeably with operating profit. EBIT ignores factors like the tax burden and capital structure in favor of concentrating exclusively on a company's capacity to create earnings from operations. Because it helps to determine a company's capacity to produce enough earnings to be profitable, pay off debt, and fund continuous operations, EBIT is a particularly helpful indicator.
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the manufacturer of safety wallets is determining the retail price to charge for each unit sold. which approach should the manufacturer use that supports the psychological pricing strategy?
The manufacturer should approach Price Appearance set the retail price at $24.97 to support the psychological pricing strategy.
The use of pricing to sway a customer's purchasing decisions or spending patterns is known as psychological pricing. The objective is to satisfy a customer's psychological need, whether that need is to save money, invest in the best product, or receive a "good deal." Four illustrations of psychological pricing techniques are:
Man-Made Time LimitationsCharm Pricing Numeracy Price PresentationEven though they reflect the same amount, people perceive longer pricing to be more expensive than shorter prices. This is due to the fact that lengthier prices take longer to read subconsciously. The inclusion of the "$" sign for prices only serves to amplify this impact. In addition to lengthening the price, it also closely ties the amount to consumers' wallets, making them feel worse about parting with their hard-earned money. Similar to how people pronounce prices in their brains and it takes longer to recall extended numbers, prices with more syllables appear more expensive.
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oligopolies are difficult to analyze because
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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An investment adviser has placed an order with the underwriter for 250,000 shares of XYZ stock, a new company that will be listed on NASDAQ. The adviser will allocate this purchase to its largest discretionary accounts. This action is a(n):
Complete Question:
An investment adviser has placed an order with the underwriter for 250,000 shares of XYZ stock, a new company that will be listed on NASDAQ. The adviser will allocate this purchase to its largest discretionary accounts. This action is a(n):
Group of answer choices
A. breach of fiduciary duty
B. front-running violation
C. fair and reasonable practice
D. insider trading violation
Answer:
breach of fiduciary duty.
Explanation:
In this scenario, an investment adviser has placed an order with the underwriter for 250,000 shares of XYZ stock, a new company that will be listed on NASDAQ. The adviser will allocate this purchase to its largest discretionary accounts. This action is a breach of fiduciary duty.
According to the Securities and Exchange Commission (SEC), if a registered investment adviser favours a client over another while allocating a block, it simply means that the registered investment adviser has violated his or her fiduciary duty to the other customers who were denied a piece of the block.