All categories

3 years ago

Higher portfolio turnover

Business

1 answer:

svetlana [45]3 years ago

8 0

Answer:

The correct answer is letter "C": I, II and III.

Explanation:

Portfolio Turnover estimates the fund's percentage of assets that its manager buys and sells for over one year. <em>Portfolio turnover can affect the return of the portfolio, as transaction costs such as commissions and fees are drawn from the assets of the fund</em>. Usually, fund managers who trade securities aggressively try to increase their commission.

<em>Higher portfolio turnover rates imply incurring in higher capital gains translated in higher returns overall but come along with higher taxes that must be paid equally among investors. Both benefits and liabilities are allocated evenly among entrepreneurs into the investment.</em>

You might be interested in

The 12-month period that ends when a company's sales activities are at their lowest level is called the:

loris [4]

Natural business year

4 0

3 years ago

Read 2 more answers

An employee requested that the balance of her 401(k) account be sent directly to her in one lump sum. upon receipt of the distri

yKpoI14uk [10]

The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.

8 0

3 years ago

Watts Corporation made a very large arithmetical error in the preparation of its year-end point in the calculation of financial

topjm [15]

Answer:

d. a prior period adjustment.

Explanation:

Correction of the error when discovered in the next year should be treated as a prior period adjustment. This is basically because the error was already recorded in the past financial report. Since these reports are final and cannot be changed, then the correction to this error needs to be implemented in the next year's financial report and would reflect on that year's income taxes. The process of doing this is known in accounting as a prior period adjustment

7 0

3 years ago

Rashad contributes a machine having a basis of $30,000 and an FMV of $25,000 to a partnership in exchange for a 20% interest

lora16 [44]

Answer:

$18,000.

Explanation:

Beginning basis (carryover from machine)

$30,000

Plus: share of partnership liabilities

4,000

Minus: liabilities assumed by others partners

(16,000)

Rashad's basis

$18,000

3 0

3 years ago

An investment of 1 will double in 15.142 years at a force of interest, δ. An investment of 1 will increase to 3 in n years at th

vredina [299]

Answer:

24 years

Explanation:

Nper = 15.142

PMT = 0

PV = 1

FV = 2

Type = 0

Rate = Rate(Nper, pmt, -pv, fv, type)

Rate = Rate(15.142, 0, -1, 2, 0)

Rate = 4.68%

Rate = 4.68%

PMT = 0

PV = 1

FV = 3

Type = 0

NPER = NPER(rate, pmt, -pc, fv, type)

NPER = NPER(0.04684, 0, -1, 3, 0)

NPER = 24 years

6 0

3 years ago