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3 years ago

Mutual funds are no longer a very popular investment. True False

Business

2 answers:

Reptile [31]3 years ago

6 0

Answer:

Mutual funds are no longer a very popular investment is the False statement.

Explanation:

Nowadays Mutual funds are a more famous investment as before because of various advantages such as:

Diversification: One share can buy a slice of everything in the and risk is lowered.

Financial returns: Relatively attractive and charming returns over the long term.

Professional Management: Pay someone else to make an investing decision.

Convenience: Easy Out and In, help with record-keeping and small outlays.

Snezhnost [94]3 years ago

3 0

Answer:

False

Explanation:

In fact Mutual funds are more popular in this decade than it has been years passed.

This is due to the spread of risk over a lot of investments.

It reduces the risk of the investor since they can trade in different securities with their fund.

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Huong is opening an international food store. Though her products will span the globe, she wants to focus on items from the Midd

Marina CMI [18]

C bc it makes very good since

8 0

3 years ago

Mark and Parveen are the parents of three young children. Mark is a store manager in a local supermarket. His gross salary is $7

netineya [11]

Answer:

$367,500

Explanation:

Estimation of the family’s life insurance needs

Using the easy method

Based on the information given we were told that Mark gross salary is $75,000 while is wife

Parveen is a stay-at-home mom this means that we would be using the easy method to estimate the family’s life insurance needs based on Mark gross salary of $75,000 because he is the only one that earn on a monthly basis.

Insurance need =$75,000 x 7 years x 70%

Insurance need = $367,500

Therefore the family’s life insurance needs will be $367,500

5 0

3 years ago

During December, Far West Services makes a $3,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.

Dima020 [189]

Answer:

Dr Accounts receivable 3,472

Cr Sales 3,20

Cr Sales tax payable 272

Explanation:

Since $3,200 is the credit sale and the state sales tax rate is 6% while the local sales tax rate is 2.5% which means we have to calculate for 6% of 3,200 as well as 2.5% of 3,200 which is: Sales tax payable

6%×3,200=192

2.5%×3,200=80

192+80= 272

The last step is to Debit Accounts receivable with 3,472 (3,200+272) , Credit Sales 3,200 and Credit Sales tax payable with 272

Far West Services Journal entry

Dr Accounts receivable 3,472

(3,200+272)

Cr Sales 3,200

Cr Sales tax payable 272

8 0

3 years ago

A(n) _____ organization is characterized by a relatively low degree of job specialization, loose departmentalization, few levels

lbvjy [14]

Answer:

organic

Explanation:

Based on the information provided within the question it can be said that the type of organization that is being described is called an organic organization. This is a type of organization that is extremely flexible, thus allowing it to easily adapt to changes in it's environment. Such aspects as the ones described in the question allow an organization to become flexible.

3 0

3 years ago

Read 2 more answers

Dublin Inc. had the following common stock record during the current calendar year: Outstanding-beginning of year 2,600,000 Addi

larisa86 [58]

Answer:

The correct answer is 3,175,300.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the number of shares by using following formula:

Number of shares = [ Outstanding + ( Additional share × Months) + ( Additional share × Months)] × 1+Dividend

By putting the value, we get

= [2,600,000 + (280,000 × 6/12) + (280,000 × 3/12)] × 1.13

= [ 2,600,000 + 140,000 + 70,000 ] × 1.13

= 3,175,300

4 0

3 years ago