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1 year ago

An investment adviser representative may describe dollar cost averaging to a customer as:______

1 answer:

5 0

To buy a certain security using dollar cost averaging, an investor must make regular payments (let's say monthly) of a set dollar amount (let's say $100 per month).

<h3> What is dollar cost averaging?</h3>

The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.

Say you put $100 away each month. Your $100 will buy fewer shares when the market is up, but more shares when the market is down. While compared to what you would have paid if you had purchased all of your shares at once when they were more costly than the average, this technique may eventually lower your average cost per share.

To know more about 'Dollar cost averaging', visit:brainly.com/question/14776694

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3 years ago

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TEA [102]

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3 years ago

Read 2 more answers

Last year, Courtney Company reported sales of $640,000, a contribution margin of $160,000, and an operating loss of ($40,000). B

Elanso [62]

Answer:

Break-even sales = $800,000.

Explanation:

The beak-even point is the units of products to be sold or number of customers to be served to enable a business to cover exactly its total cost from the revenue. At the break-even point, the business makes no profit or no loss because the contribution from sales exactly equals the total fixed cost

Break-even in sales revenue = Total fixed cost/Contribution margin

Contribution margin (%) = Contribution/ sales × 100

= 160,000/640,000

= 0.25 × 100

= 25%

Fixed cost = Contribution - operating income

= 160,000- -( 40,000)

= 160,000 + 40,000

= 200,000

Break-even point sales = 200,000/25%

= $800,000.

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3 years ago

On January 1, 2019, in a merger transaction, Maxi Company paid $371,000 in cash for 100% of the outstanding common stock of Mini

boyakko [2]

Answer:

$224,000

Explanation:

Goodwill from acquiring Mini Company = Cash consideration paid - Fair value of Mini Company's plant and equipment = $371,000 - $147,000 = $224,000

The net increase in Maxi's assets only after paying the cash for Mini is $224,000 i.e. the goodwill from acquiring Mini Company.

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3 years ago

I am a Japanese student .

Ivan

Answer:

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Explanation:

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3 years ago