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jeka57 [31]
2 years ago
5

why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?

Business
1 answer:
Phoenix [80]2 years ago
7 0

Investing your emergency fund into a mutual fund is not a good idea because mutual funds are unpredictable, and you can lose your emergency fund.

<h3>What are mutual-funds?</h3>

Mutual funds are the investment pool, where money is invested by many people ad than in profit, all people gain the profit and in loss people lose their money.

Investors buy shares in the mutual funds and combined called as portfolio.

Thus, Investing your emergency fund into a mutual fund is not a good idea because mutual funds are unpredictable, and you can lose your emergency fund.

Learn more about mutual-funds

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Taxation of Business Entities, 2016 edition7-65.) Wolverine Corporation made a distribution of $500,000 to Jim Har Inc. in par-t
marusya05 [52]

Answer:

a. Dividend

b. $500,000

Explanation:

a. As in the given case, the character of any income or gain recognized is the dividend of $500,000 which eligible him to avail 100% deduction of the dividend amount

b. The reduced amount would be lower of the distributed amount or 50% of Total E&P

Distributed amount is $500,000

And, the 50% of total E&P is =  $8,000,000 × 50% = $4,000,000

So, the lesser amount is $500,000 which is reduced its total E&P

5 0
3 years ago
A company that loans money to an organization is a(n):______.a. supplier.b. lender.c. shareholder.d. investor.
fomenos

Answer:

lender.

Explanation:

A lender is an individual or company that makes funds available another com[any. Lenders receive fixed payments based on a predetermined rate at an agreed time.

A shareholder is the owner of a company. A shareholder is a person who buys the stock of a publicly traded company

Supplier provides raw materials needed for production to a company

An investor can either be a lender or shareholder

6 0
3 years ago
The type of cover letter written to request assistance and support from the author’s job network:
Fittoniya [83]

There are five general types of cover letters:

<span>1.      </span>Application Letter - to apply for a specific job opening

<span>2.      </span>Referral Cover Letter - mentions the name of a person who has referred you to a job

<span>3.      </span>Letter of Interest - <span> a prospecting letter, inquires about possible job openings </span>

<span>4.      </span>Networking Letter-<span> request job search advice and assistance (sample networking letters)</span>

<span>5.      </span>Value Proposition Letter - a brief statement explaining what makes the candidate unique

<span>If you are to request assistance and support from a job network, therefore, you must use the networking letter type of cover letter.</span>

3 0
3 years ago
Read 2 more answers
India has 3 GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. Theexchange rate is 50 rupees per US. dollar.
vekshin1

Answer:

Indian rupee in US dollars = $418

Explanation:

given data

India GDP = 23,000 billion

exchange rate = 50 rupees per US

population = 1.1 billion

solution

we get here GDP per capita as

GDP per capita = India GDP ÷ population

GDP per capita  = \frac{23000}{1.1}  

GDP per capita  = 20909 rupees

so here we Convert Indian rupee in US dollars that is with exchange rate

Indian rupee in US dollars = GDP per capita  ÷ exchange rate

Indian rupee in US dollars = \frac{20909}{50}  

Indian rupee in US dollars = $418

7 0
3 years ago
"Inverting the pyramid" refers to:
pantera1 [17]

Answer:

C. A type of servant leadership in which clients and front-line personnel are at the top of the organizational hierarchy.

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This type of management gives high consideration to opinions of employees and also clients.

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3 years ago
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