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1 year ago

Compared to stocks, mutual funds offer investors a relatively limited range of choices true or false

Business

1 answer:

Elenna [48]1 year ago

8 0

Compared to stocks, mutual funds offer investors a relatively limited range of choices - false

Answer is False

What are mutual funds?

A mutual fund is a business enterprise that swimming pools money from many buyers and invests the cash in securities which include stocks, bonds, and quick-term debt. The blended holdings of the mutual fund are known as its portfolio. buyers purchase stocks in mutual finances.

Are mutual funds safe?

Mutual funds are in large part a secure investment, seen as being an excellent manner for investors to diversify with minimum hazard. but there are circumstances in which a mutual fund isn't always a great choice for a marketplace player, especially on the subject of costs.

What's mutual funds and types?

A mutual fund is a basket of numerous investments, together with shares, bonds, and cash. There are three primary styles of mutual funds: equity finances, constant-profits budget, and cash market budget. every of those sorts has a distinctive risk stage associated with it. There are two predominant blessings to mutual funds.

Can I get monthly income from mutual funds?

Sure, you may get month-to-month earnings from mutual funds. The first-class way for that is to opt for SWP or Systematic Withdrawal Plan in a mutual fund scheme. via SWP, you could withdraw a set quantity on a monthly or quarterly foundation from the investment you've got made in any mutual fund scheme.

Learn more about Mutual funds here:- brainly.com/question/4521829

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Does Dr. Chen's website make any express warranty on the saffron extract or its effectiveness in causing weight loss? Does the i

Flura [38]

Solution and Explanation:

1. Yes, Dr. Chen's website is not making an express warranty as he is not promising any refund or guarantee a replacement in case the saffron extract is not giving the desired results. He is just claiming the benefits of using the saffron extract which will aid in weight loss.

2. No the implied warranty of merchantability will not apply to the pure saffron extract as it was sold as a weight loss supplement which is not guaranteed by saffron as a product. The inherent quality of saffron does not aid weight loss and the properties of saffron are not aiding weight loss. Hence the implied warranty of merchantability does not apply for saffron extracts. Saffron is good and fit for the ordinary purpose for which saffron is normally used.

3. Yes the Dr. Chens sale of saffron extract has breached the implied warranty for fitness for the saffron extract aiding weight loss because:

• Dr. Chen was aware of the purpose for the saffron extract was being bought i.e to aid weight loss.

• Milan was depending on the advice and skills of Dr. Chen when she bought the saffron extract which was to aid weight loss. Milan had bought the saffron extract because of the judgment of the seller here Dr. Chen who stated it would aid weight loss.

8 0

3 years ago

Mike purchased his home five years ago for $250,000. Its current market value is $275,000 and has a mortgage balance of $195,000

tekilochka [14]

Answer:

$25,000

Explanation:

Given:

Purchase price of home = $250,000

Market value = $275,000

Mortgage balance = $195,000

Maximum LTV = 80%

Now,

The maximum amount of LTV = LTV × Market value

= 0.80 × $275,000

= $220,000

thus,

The maximum amount of HELOC = $220,000 - Mortgage balance

The maximum amount of HELOC = $220,000 - $195,000

The maximum amount of HELOC = $25,000

8 0

3 years ago

The following transactions occurred during the month of June 2018 for the Stridewell Corporation. The company owns and operates

Degger [83]

Answer:

See the journal entries below.

Explanation:

Tr. General Journal Dr ($) Cr ($)

1. Cash 575,000

Common stock 575,000

(To record common stock issued for cash.)

2. Furniture and fixtures 95,000

Cash 38,000

Note payable 57,000

(To record purchase of furniture and fixtures.)

3. Merchandise inventory 230,000

Account payable 230,00

(To record inventory purchased on account.)

4a. Account receivable 391,000

Sales 391,00

(To record credit sales).

4b. Cost of goods sold 195,500

Merchandise inventory 195,000

(To record cost of inventory sold.)

5. Rent expenses 5,000

Cash 5,000

(To record interest paid for June.)

6. Prepaid insurance 2,640

Cash 2,640

(To record prepaid insurance.)

7. Account payable 166,175

Cash 166,175

(To record payment for merchandise inventory bought on account.)

8. Cash 78,200

Account receivable 78,200

(To record cash received from customer.)

9. Dividend paid 5,750

Cash 5,750

(To record cash dividend paid.)

10. Depreciation expenses 1,900

Accumulated Dep. - F $ F 1,900

(To record record depreciation expenses for Furniture & F.)

11. Insurance expenses (2,640 / 12) 220

Prepaid insurance 220

(To record insurance expenses for the month.)

7 0

2 years ago

True or false: Lewin's force-field theory states that managers must create resistance to facilitate change.

Art [367]

Lewin's force-field theory states that managers must create resistance to facilitate change. Therefore, it's true.

<h3>Who is a manager?</h3>

A manager simply means an individual who guides the team or employees on an organization to achieve a common goal.

Lewin's force-field theory states that managers must create resistance to facilitate change. It states that effective change happens through the unfreezing of the existing state of affairs and moving to a desired situation.

Learn more about managers on:

brainly.com/question/24553900

7 0

1 year ago

How can developing countries develop

GaryK [48]

By industrial revolution a boost in the countrys economy or food or mulitary

8 0

3 years ago

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