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drek231 [11]
4 years ago
8

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

Business
2 answers:
SpyIntel [72]4 years ago
7 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.

tatyana61 [14]4 years ago
6 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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Answer:

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3 years ago
Equity Method for Stock Investment On January 4, Year 1, Ferguson Company purchased 108,000 shares of Silva Company directly fro
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Answer:

a)

January 4, year 1, investment in Silva Company (36% of outstanding stocks)

Dr Investment in Silva Company 5,184,000

    Cr Cash 5,184,000

July 2, year 1, distributed dividends ( $292,000 x 36%)

Dr Cash 104,400

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December 31, year 1, net income reported by Silva Company ($971,000 x 36%)

Dr Investment in Silva Company 349,560

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b)

Balance of Investment in Silva Company = $5,184,000 - $104,400 + $349,560 = $5,429,160

Explanation:

Since Ferguson exercises significant influence over Silva Company, they must record the investment using the equity method.

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3 years ago
As shown in exhibit 7-2, the rate of inflation for year 2 is:
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Women speakers who are nervous tend to wobble on their high heels.
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Yes?

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Contour Autos competes against the global leaders in the automobile industry by developing and selling acceptable quality vehicl
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c. cost-leadership strategy

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This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.

The Company tends to lead in the market through lower cost of goods supplied with the same quality.

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