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4 years ago

Is it customary for a feeder fund to be able to keep all client fees

Business

1 answer:

Karo-lina-s [1.5K]4 years ago

3 0

Answer:

It is customary for a feeder fund to keep all client fees

Explanation:

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Using these data from the comparative balance sheet of Blossom Company, perform vertical analysis. (Round percentages to 1 decim

vovikov84 [41]

Answer:

For 2017

Account receivable % = Account Receivable/Total Assets x 100

Account receivable % = $ 497,000/$ 3,101,000 * 100

Account receivable % = 0.16027088 * 100

Account receivable % = 16.0%

Inventory % = Inventory/Total Assets *100

Inventory % = $ 735,000/$ 3,101,000 * 100

Inventory % = 0.2370203 * 100

Inventory % = 23.7 %

Total Assets = $3,101,000 = 100%

For 2016

Account receivable % = Account Receivable/Total Assets * 100

Account receivable % = $ 435,000/$ 2,758,000 * 100

Account receivable % = 0.15772298 * 100

Account receivable % = 15.8%

Inventory % = Inventory/Total Assets * 100

Inventory % = $555,000/$ 2,758,000 * 100

Inventory % = 0.20123277 * 100

Inventory % = 20.1%

Total Assets = $2,758,000 = 100 %

7 0

3 years ago

Decisión grids are valuable tools because they help us

jenyasd209 [6]

Answer:

There are any number of valid responses – see below.

Explanation:

Decision grids are valuable tools because they help us:

Evaluate and prioritize a list of options
Make the best choices at the least cost
Make wise decisions in a range of contexts
Consider the cost and benefits of a decision
Reduce subjectivity to help make sound conclusions
See what we gain and lose by choosing between alternatives

8 0

4 years ago

This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate

Luba_88 [7]

Answer:

The correct answer is $2.43.

Explanation:

The annual dividend is $1.90.

The expected rate of return is 12%.

The growth rate is 3.5%.

The current stock price will be

= $\frac{dividend}{required rate of return-growth rate}$

= $\frac{1.90}{12-3.5}$

= $\frac{1.90}{0.085}$

=$22.35

The stock price at year 3 will be

= $\frac{dividend*(1-growth rate)^3}{required rate of return-growth rate}$

= $\frac{1.90*(1+0.035)^3}{12-3.5}$

= $\frac{1.90*1.10}{0.085}$

=$24.78

The capital gain will be

=stock price at year 3-current stock price

=$24.78-$22.35

=$2.43

8 0

3 years ago

JB Enterprises has $2.5 million of current assets and $1.5 million of current liabilities. Therefore, their current ratio is 1.6

MrRa [10]

It would be a 2.5 ratio

3 0

3 years ago

It is estimated that the annual maintenance cost of a statue erected in front of a public building in a state capital would be $

Over [174]

Answer:

225558 jhdsyjnpgdsejnjide

3 0

3 years ago