When her manager asks Sally to demonstrate how fast she can accomplish her task on the production line, Sally finishes the task
2 answers:
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Answer:
Insufficient data
Explanation:
Suppose x represents the total value of Company H's stock
Here, we need to find out : value of x.
(1) Investor P owns of the shares of Company H's total stock
i.e. Investor P's amount in H's stock =
We did not give P's investment.
Thus, data is insufficient to find value of x.
(2) The total value of Investor Q's shares of Company H's stock is $16,000.
Q's share in company H's stock = $16,000
There is no relation between x and Q's share given,
Thus, data is insufficient to find value of x.
Now, when we combined the data (1) and (2),
We still can not find the value of x.
Because, there are also other investors in stock H other than P and Q.
Hence, the data is inadequate to find total value of Company H's stock.
Answer:
Total Fees = $600
Explanation:
A Mutual Fund is a type of investment that pools funds from many individual investors into a singular investment product.
The fund is managed by a Fund Manager. The Fund Manager applies charges to the fund. The charges are income to the Fund Manager.
Front-end load: This is more like a Sales charge applied on the investment amount at the point of buying into the Fund.
Back-end load: This charge is applied on the redemption amount. It is meant to discourage the investor from withdrawing early form the Fund.
Annual fees: This are yearly charge applied on the investment amount.
Calculation:
Front-end load: $0 [Because the rate is 0%]
Back-end load:[2% of 20000] × 20000 = $400
Annual Charge: [1% of 20000] × 20000 = $200
Total Fees: [$400 + $200] = $600.