Answer: $26; $28.057
Explanation:
Total value = $260 million in assets
Shares outstanding = 10 million
Dividends = $2.5 million
Fund value at the start of the year = 
= 
= $26
Fund value at the end of the year:
Dividend per share = 
= 
= $0.25
Price gain at 9% with deduction of 1% of 12b-1
Fund value at the end of the year = $26 × 1.09 × (1 - 0.01)
= $28.057
<span>True.
The purpose of national infrastructure sharing plan is to ensure that America is safer and better equipped to handled incidental and deliberately orchestrated mischief that will put lives or property of the American people at stake. The measures will lessen threat and information won't be a one sided thing especially when as they affect the safety of lives.</span>
Answer:
B. Cost of goods sold will be too low by $5,000.
Explanation:
Given that
Ending inventory overstated in the current year by $5,000
And, the net income is incorrectly reported $100,000
So, due to this error
The cost of goods sold is understated by $5,000
And, the net income is overstated by $5,000
Since the cost of goods sold is understated by $5,000 so it would be too low due to which the net income overstated by $5,000
You may expect for the E-Labs project team to be able to perform stretch goals. A stretch goal is an extra objective you set for your battle in the event that you surpass your underlying subsidizing objective, and is, for the most part, used to fund another particular part of your venture. The extend objective was imparted to the group who was going to play a part with pushing their points of confinement past what was already accomplished. That can't be accomplished by incremental or little upgrades yet require stretching out oneself as far as possible to be realized.
Answer:
The answer is: D) The quotation is incorrect: A decrease in price causes a decrease in quantity supplied, not a decrease in supply.
Explanation:
A decrease in the price of a product or service will always decrease the quantity supplied and increase the quantity demanded of the product. The terms supply and demand apply to the entire curve, not an specific point in them.
For example, the equilibrium point for milk is 5 million gallons sold at $3 each. If the government suddenly decides that it will place a price ceiling for milk at $2 per gallon (may use argument that it is a necessity good essential for the well being of children) the quantity demanded for milk will rise but the quantity supplied will fall.
That is because not every dairy business will be able to produce and sell milk at $2 and still make a profit (or meet their expected profit levels), so they will either lower their milk production (make substitute products) or go out of business.
