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maksim [4K]
1 year ago
13

The primary objective of growth mutual funds is capital appreciation with a high level of current income.

Business
1 answer:
GenaCL600 [577]1 year ago
8 0

The primary objective of growth mutual funds is capital appreciation with a high level of current income.

This statement is False.

A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.

The phrase is frequently used in the US, Canada, and India, while other countries with comparable arrangements include the UK's SICAV in Europe.

The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds.

Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index.

Unit investment, closed-end funds, and open-end funds are the three main types of mutual funds.

Learn more about mutual funds here

brainly.com/question/9965923

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Condelezza Co. manufactures two products, A and B, in two production departments, Assembly and Finishing. Condelezza Co. expects
Naddika [18.5K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Condelezza Co. expects to produce 10,000 units of Product A and 20,000 units of Product B in the coming year.

Budgeted factory overhead costs for the coming year are:

Assembly $310,000

Finishing 240,000

Total $550,000

The machine hours expected to be used in the coming year are as follows:

Assembly Dept.

Product A 15,100

Product B 4,900

Total 20,000

Finishing Dept.

Product A 9,000

Product B 11,000

Total 20,000

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 550,000/40,000= $13.75 per machine hour

B) Departamental rates:

Assembly= 310,000/20,000= $15.5 per machine hour.

Finishing= 240,000/20,000= $12 per machine hour.

5 0
3 years ago
BSW Corporation has a bond issue outstanding with an annual coupon rate of 7 percent paid quarterly and four years remaining unt
Furkat [3]

Answer:

$788.35

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

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NPER = 4 × 4 quarter = 16 years

PMT = $1,000 × 7% ÷ 4 quarters = $17.50

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $788.35

4 0
3 years ago
Lou Agent with Top Notch Realty had listed a 100 unit apartment complex for sale. Sam Agent also with Top Notch Realty had a buy
dybincka [34]

Answer:

2. Have both the buyer and seller sign required disclosures describing the designated sales agency relationship and stating that each the buyer and seller have assets of $1 million or more.

3 0
3 years ago
Janet saw on the news where a family of seven children perished in a house fire—it was also revealed that the house did not cont
andreev551 [17]

Answer:

Proposition of Fact    

Explanation:

A proposition of fact is the argument that tries to convince the audience about a course of action which the argument maker desires everyone must accept. So in this scenario, Janet brings forward a solid argument which is supported by the accident outcome and this argument can be used to convince the audience.

5 0
2 years ago
Which of these options for saving money typically offers the least liquidity?. . A.Savings bond. B.Money market account. C.Certi
zhuklara [117]
Among the following <span>options for saving money that typically offers the least liquidity, (A) Savings Bond is the correct answer. The term that is being referred here which 'least liquidity' means that you or any other person can not withdraw any money at any time they want.</span>
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