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Aleksandr [31]
11 months ago
14

TRUE/FALSE one of the attractive features of mutual funds is that they offer small investors a diversified portfolio and profess

ional management.
Business
1 answer:
Ugo [173]11 months ago
3 0

The fact that mutual funds provide small investors with a diverse portfolio and experienced management is one of their appealing qualities.so statement is true.

<h3>What draws small investors to mutual funds?</h3>

Investors have access to a greater variety of investments through mutual funds than they could on their own. By pooling your funds, you may take advantage of economies of scale. The monthly contributions improve the investor's assets. Funds are more liquid because they are often less volatile.

The ability to diversify and thereby distribute risk over a number of investments is one of the reasons mutual funds are so well-liked by investors. People are drawn to mutual funds because they provide an opportunity for typical individuals to invest in professionally managed funds.

To know more about mutual funds visit:

brainly.com/question/9965923

#SPJ4

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Answer:

a.

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b.

Date          Account Details                                  Debit                       Credit

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                  Notes Payable                                                                  $9,000  

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Date          Account Details                                  Debit                       Credit

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3 0
3 years ago
Luke Anderson is earning $48,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cos
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<u>Explanation:</u>

Cost of living in city is 12 percent higher than where Luke Anderson lives. So, Luke Anderson will require 12 percent higher salary than existing salary in order to maintain the existing standard of living

<u>The calculations are as follows. </u>

Current salary of Luke Anderson = $48000

12 percent increase = 48000 multiply with 12 percent = 5760

Thus, the required minimum salary = 48000+ 5760 = 53760

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3 years ago
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Answer:

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a employee is someone who is working at a job for means of wages or salary.

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