Answer:
C. is the same as Dollar Weighted Average Return.
Explanation:
Mutual funds provide for returns in timely manner, generally the returns for a specified time period are fixed. Thus, can be measured on time basis.
This method of weighted average of time based do not allow in its calculations of any additional deposits or any kind of withdrawals in between the calculation for the time period.
It allows a specific comparison of the fund under consideration with some another fund.
The dollar weighted average return is not used as for mutual funds, and the time weighted average is way different to it.
Read it, it's in the paragraph.
Answer:
The correct answer is the option D: At any time in the planning period.
Explanation:
To begin with, in the field of accounting and bussines management the concept known as "flexible budget" refers specifically to the type of budget that a company uses whose primary characteristic is that it is adjustable to the situation and therefore that it goes changing all the time according with the changes that happen in the levels of volumen and or activities, including expenses and revenues as well. So that is why that a flexible budget may be prepared at any time in the planning period for the company because it adjusts to the context.
Answer:
It is a violation of NASD rules against guaranteeing a customer against loss.
Explanation:
In this case the RR is guaranteeing the customer against loss. The customer initially bought the shares for $20 the new price is $10. The RR now coming in to buy the shares above market value is a way to guarantee the customer against loss, and its a NASD violation.
Answer:
62.5%
Explanation:
In this example, Brandon rented the car for 6 consecutive days. This means that he was able to take advantage of the promotion. Therefore, he only paid for five days (got one day free) at a rate of $30 per day (as opposed to $40). Therefore, he paid:
$30 * 5 = 150
On the other hand, Whitney rented a car for three days. She did not qualify for the discount, which means that she paid for all her days, at a rate of $40 per day. Therefore, she paid:
$40 * 3 = 120
To obtain the average daily rate of each person, we would need to divide this final rate by the number of days each person used a car. That would look like this:
Brandon: $150 / 6 = $25
Whitney: $120 / 3 = $40
Therefore, when comparing these two numbers, we see that the average daily rate paid by Brandon is 62.5% percentage of the average daily rate paid by Whitney.