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Pie
4 years ago
9

As you get older, a Target Date Fund will adjust by…

Business
1 answer:
makkiz [27]4 years ago
7 0

Answer:

The correct answer is letter "B": Decreasing your stocks and increasing your bonds.

Explanation:

Target-date funds are pools of assets employees with a 401(k) retirement account can access. <em>Target-date funds consider stocks as riskier assets than bonds</em>, thus, more stocks than bonds are included in the fund of the employee at first. However, <em>as soon as the date when the employee is to retire approaches, the fund automatically lowers the number of stocks in the employee's account to include more bonds</em>, which are safer securities.

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Sue purchased a stock for $26.50 a share, held it for one year, received a $1.34 dividend, and sold the stock for $28.45. What n
babunello [35]

Answer:

the nominal rate of return she earned is 12.42%

Explanation:

The computation of the nominal rate of return she earned is shown below:

return = (sell price - buy price + dividend) ÷ buy price

= ($28.45 - $26.50 + 1.34) ÷ ($26.50)

= 12.42%

Hence, the nominal rate of return she earned is 12.42%

We simply applied the above formula so that the correct rate could come

6 0
3 years ago
A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Lapatulllka [165]

The initial outlay for the project after depreciation is loss of $26,700.

<h3>What is  depreciation?</h3>

Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.

Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.

Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.

To know more about  depreciation follow the link:

brainly.com/question/1203926

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8 0
2 years ago
Assume anderson general store bought, on credit, a truckload of merchandise from american wholesaling costing 23400. if anderson
Amiraneli [1.4K]

Answer:

Explanation:

Cost of inventory = Purchase cost + Transportation cost - Purchase return - Purchase discount

Purchase cost = 23,400

Transportation cost = 690

Purcahse return = 1300

Purchase discount = (23400 - 1300)*3% = 663

Cost of inventory = 23,400 +690-1300-663 = 22,127

6 0
3 years ago
A(n) _____ is a service offered by mutual funds that helps an investor earn compound interest on their investments
nordsb [41]

An automatic reinvestment plan  is a service offered by mutual funds that helps an investor earn compound interest on their investments

Mutual fund pools assets from shareholders to invest in securities like stocks, bonds, money market instruments, and other assets. they give access to individual or small investors to professionally manage portfolios of bonds, equities, and other securities.

They provide a service called an automatic reinvestment plan, in which they reinvest the investment gains back into an investor's portfolio rather than paying them out as distributions. the benefit of an Automatic reinvestment plan is of getting compound interest, It different from another service they provide which is an automatic investment plan, which just allows the investors to contribute money to an investment account on a regular interval and to invest in a pre-set portfolio.

To know more about automatic reinvestment plan refer to the link brainly.com/question/15850134?referrer=searchResults.

To know more about Automatic Investment Plan refer to the link  brainly.com/question/3463363?referrer=searchResults.

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4 0
2 years ago
Which of the following activities are credits? The impact on accounts receivable from a $10 million collection from a customer.
bagirrra123 [75]

i don’t know .........

3 0
4 years ago
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