Aclient of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. this customer is age 51 and earns $160,000 per year. he is willing to assume a moderate level of risk in pursuit of higher returns. this customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. you should tell the customer that the best way to make a private equity investment is to invest in a(n):

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

Your own record of all your transactions. a. check register b. account statement