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1 year ago

_____ funds are highly speculative investments that seek large profits from capital gains. group of answer choices

Business

1 answer:

galina1969 [7]1 year ago

5 0

Aggressive growth funds are highly speculative and seek large profits from capital gains.

What Is an Aggressive Growth Fund?

An aggressive growth fund is a mutual fund that seeks capital gains by investing in the shares of growth company stocks. Investments held in these funds are companies that demonstrate high growth potential, but also carry greater risk.

What is the advantage of aggressive growth?

Growth has its advantages; it enables a company to reach more customers, generate more sales, and put money back in the business.

Are aggressive growth funds a good investment?

Aggressive growth funds are identified in the market as offering above average returns for investors willing to take some additional investment risk. They are expected to outperform standard growth funds by investing more heavily in companies they identify with aggressive growth prospects.

Learn more about aggressive growth fund:

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On June 1, 2013 Oakcrest Company signed a three year $110000, note payable with 9% interest. Interest is due on June 1 of each y

seropon [69]

Answer:

$5,775

Explanation:

The computation of the interest payment is shown below:

= Note payable amount × rate of interest × number of months ÷ total number of months in a year

= $110,000 × 9% × 7 months ÷ 12 months

= $5,775

We simply multiplied with the note payable , interest rate, and the given number of months to find out the interest expense

And, the seven months is calculated from June 1, 2013 to December 31, 2013

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3 years ago

Narciso Corporation is preparing a bid for a special order that would require 880 liters of material R19S. The company already h

bija089 [108]

Answer:

$5,456

Explanation:

A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.

The relevant cost:

Current market cost 880 liters × Current market $6.20 per liter

= $5,456.

Therefore the relevant cost of the 880 liters of the raw material when deciding how much to bid on the special order will be $5,456

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3 years ago

Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The com

solong [7]

Answer:

4 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow.

Initial Investment = $280,000

Net Income = $20,000

To calculate the net cash flows add bask the depreciation expense in Net income each year.

Depreciation = ($280,000 - $30,000) / 5 = $50,000

Net Cash Flow = $20,000 + $50,000 = $70,000

Payback period = Initial Investment / yearly cash flow = $280,000 / $70,000 = 4 years

5 0

3 years ago

A company has four vendors and the accounts payable subsidiary ledger shows the following balances.

Luba_88 [7]

Answer:

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3 years ago

The following data relate to direct labor costs for the current period:

mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs 9,000 hours at $5.50

Actual costs 8,500 hours at $5.75

we have two formulas to calculate for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 = $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

3 0

3 years ago