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vovikov84 [41]
2 years ago
14

A customer buys $10,000 of Government Bond Fund shares from Acme Investors, a fund sponsor and broker-dealer. Acme is the sponso

r for a variety of funds within the Acme "family." The ACME family has an "exchange feature" at NAV. The customer decides to exchange his Government Bond Fund shares for Growth Fund shares within the same family. All of the following statements are true EXCEPT the:_________
A. customer's yield will decrease
B. customer will have greater capital appreciation potential
C. customer will have a tax event
D. customer will pay a sales charge
Business
1 answer:
timofeeve [1]2 years ago
3 0

Answer: customer will pay a sales charge

Explanation:

The statement which states that customer will have to pay sales charge in order to exchange shares within the family is not true. The fund family possesses an "exchange feature" at NAV. This means that the shares of one fund has the right to be redeemed and then reinvested in shares of another fund that is within the family without no sales charge.

For the customer that is exchanging Government bond Fund shares for the Growth Fund shares, tax event has occurred. Therefore, it will be expected that the customer's yield will reduce but that the capital gains will increase, because the person is moving from an "income" fund into a "growth" fund.

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If a cash basis business owner pays 18 months of rent expense in advance during the last month of the tax year, how is this trea
borishaifa [10]

Answer:

Check the following consideration

Explanation:

Since the business owner follows cash basis of accounting the treatment is amount expensed during the financial year can be shown as expenses. hence in the current case rent for 18months can be shown as expenses for that financial year and it can be shown as a deduction while computing tax liability.

7 0
2 years ago
Karl Harris, a marketing critic, is concerned about the pervasiveness of marketing. He points out that advertising messages are
vekshin1

Answer: te correct answer is B) Cultural pollution

Explanation:

Cultural pollution is a defilement of culture and it is when too much mass of art, language, clothing, media and products whose existence is really meaningless is represented in society. Cultural pollution can be enjoyed in earnest by uncritical people, and ironically by the jaded and educated.

6 0
2 years ago
a corporation reported cash of $14,000 and total assets of $178,300 on its balance sheet. its common-size percent for cash equal
34kurt

B. 7.85% is the is its common-size percent for cash (14000÷178300)×100

Line items are shown as a percentage of a single chosen or common figure in a financial statement of common size. A balance sheet will contain different line items depending on the type of firm and the industry. Since all businesses in a given industry deal with the same kinds of transactions, the line items utilised for their balance sheets will typically be comparable.

It is simpler to study a company over time and evaluate it against its competitors when financial statements are created in a common size. One can identify trends that a raw financial statement might not reveal by using financial statements of a common size.

Learn more about common size percent here:

brainly.com/question/27406789

#SPJ4

4 0
1 year ago
PLEASE HELP FAST!!!
TiliK225 [7]
Forecasting is like Foreshadowing telling or predicting what may happen. 
 
it could not be B Because you already have your budget because, without a budget you can not go forth with your plans. 
 
C  is not because, it is potential you should calculate it but, altogether is not in your revenue which is something that comes altogether but, this is just a part of the full revenue. 

And D. This is something specific you cannot just pay attention to not just expenses but what you earn, what budget and etc. 

Altogether leaving  A because, you are gathering information and does not tell you what type but, financial which means 'all' activities of Financing  and Planning will help with Revenue to protect it and, to get it to the point in which you want it to get to a goal or past a goal and etc. 


4 0
2 years ago
On October 1, Courtland Company sold merchandise in the amount of $5,800 to Carter Company, with credit terms of 2/10, n/30. The
Vilka [71]

Answer:

The journal entry that Courtland makes on October 8 is:

Debit Cash $5,684

Debit Sales Discount $116

Credit Receivable Accounts $5,800

Explanation:

On October 1, when Courtland Company sold merchandise, the following entries were made:

1. Debit Cost of goods sold $4,000

Credit Merchandise $4,000

2. Debit Receivable Accounts $5,800

Credit Sales $5,800

Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

Carter pays and takes the appropriate discount:

2% x $5,800 = $116

Cash Courtland Company receives: $5,800-$116 = $5,684

The journal entry that Courtland makes on October 8 is:

Debit Cash $5,684

Debit Sales Discount $116

Credit Receivable Accounts $5,800

3 0
3 years ago
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