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3 years ago

The fund whose main objective is to simply match the market is known as a(n) _____ fund.

Business

1 answer:

den301095 [7]3 years ago

5 0

<span>The fund whose main objective is to simply match the market is known as a(n) Index fund.</span>

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Pablo Company has budgeted production for next year as follows:QuarterFirst Second Third FourthProduction in units 48,000 88,000

Margaret [11]

Answer:

271,500 pounds

Explanation:

Given:

Quarter FIRST SECOND THIRD FOURTH

Production in unit 48000 88000 98000 78000

Raw material per unit 3 3 3 3

=================================================================

Thus,

Need for material = Production in unit × Raw material per unit

=================================================================

Quarter FIRST SECOND THIRD FOURTH

Need for material in production 144,000 264,000 294,000 234,000

Desired ending inventory = 25% of next quarter's production needs for material

==================================================================

ADD:

Desired ending inventory 66000 73500 58500

==================================================================

Total need of material = Need for material in production + Desired ending inventory

==================================================================

Quarter FIRST SECOND THIRD FOURTH

Total need of material = 210,000 337,500 352,500

Beginning inventory 38000 66000 73500

==================================================================

Total purchase = Total need of material - Beginning inventory

==================================================================

Quarter FIRST SECOND THIRD FOURTH

Total purchase = 172,000 271,500 279,000

Hence,

The answer is 271,500 pounds

5 0

3 years ago

How much time will be needed for 35,000 to grow to 44,622.09 if deposited at 7% compounded quarterly

Vlad [161]

Answer:

It will take 14 quarters (3.5 years) to reach $44,622.09 from $35,000 at an interest rate of 7% compounded quarterly.

Explanation:

Giving the following information:

PV= 35,000

FV= 44,622.09

i= 0.07/4= 0.0175

We need to calculate the number of quarters required to reach the objective. We will use the following formula:

n= ln(FV/PV) / ln(1+i)

n= ln(44,622.09/35,000) / ln(1.0175)

n= 14

It will take 14 quarters (3.5 years) to reach $44,622.09 from $35,000 at an interest rate of 7% compounded quarterly.

8 0

3 years ago

Ten years ago, Stigler Company issued $100 par value preferred stock yielding 6%. The preferred stock is now selling for $102 pe

Alik [6]

Answer:

Current Yield = 0.05882 or 5.882% rounded off to 5.88%

Explanation:

A current yield refers to the annual return that a security provides based on the interest or dividend payments it makes expressed as a percentage of it current price. Thus, the current yield on preferred stock can be calculated as follow,

Current Yield - Preferred stock = Dividend per year / Current price

Dividend per year = 100 * 0.06 = $6 per year

Current Yield = 6 / 102

Current Yield = 0.05882 or 5.882% rounded off to 5.88%

4 0

3 years ago

It is theorized that the price per share of a stock is inversely proportional to the prime (interest) rate. In January 2010, t

Zanzabum

Answer:

price per share in March is $96

Explanation:

given data

January price per share = $193.04

January prime rate = 2.75%

march prime rate = 5.50%

to find out

What was the price per share in March

solution

we know that here price is proportional to prime rate

Price ∝ $\frac{1}{rate}$ ........1

so price = k × $\frac{1}{rate}$ ...............2

k is constant here

so put all value for january

193.04 = k × $\frac{1}{2.74%}$

k = 5.28

so for march price per share will be by equation 2

price = 5.28 × $\frac{1}{5.50%}$

price = 96

so price per share in March is $96

3 0

3 years ago

The lack of a national law requiring seat belts on school buses is a serious problem in the united states. last year alone, 437

yan [13]

By enforcement the safety in the schools

4 0

3 years ago