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r-ruslan [8.4K]
4 years ago
10

Suppose you believe that energy companies will be making huge profits in the future, and you'd like to share in those profits. y

ou're not sure which companies will be the most successful, or successful at all for that matter, so you decide you want to invest a little in a lot of companies to spread the risk. the best way for you to do that is by investing in
Business
1 answer:
tatuchka [14]4 years ago
5 0

Answer:

an energy mutual fund

Explanation:

Suppose you believe that energy companies will be making huge profits in the future, and you'd like to share in those profits. you're not sure which companies will be the most successful, or successful at all for that matter, so you decide you want to invest a little in a lot of companies to spread the risk. the best way for you to do that is by investing in an energy mutual fund

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Which of the following characteristics apply to unit investment trusts? I) Most are invested in fixed-income portfolios. II) The
sweet-ann [11.9K]

Answer:

I) Most are invested in fixed-income portfolios.

IV) The portfolio is fixed for the life of the fund.

Explanation:

Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.

3 0
4 years ago
At December 31, Tremble Music had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Account
Artist 52 [7]

Answer:

The correct option is D,$15000.

Explanation:

The new computed allowance for uncollectible accounts in the current year is 5% of accounts receivable.

The new allowance is computed thus:

new allowance for uncollectible accounts=5%*$300000

                                                                     =$15000

Hence the balance of allowance in the uncollectible accounts after adjustment is $15000

The balance in the allowance for uncollectible accounts at the end of the period  is usually the newly computed allowance for uncollectible accounts.

In this case it is $15000

5 0
4 years ago
Vilas Company is considering a capital investment of $190,900 in additional production facilities. The new machinery is expected
makvit [3.9K]

Answer:

See below.

Explanation:

For payback period we use,

Payback = Initial outlay / Annual cash flow

Payback = 190,900/49,900 = 3.82 years

Annual rate of return is calculated as follows,

Annual rate of return = Average profit / Initial outlay *100%

Annual Rate of return = 11600/190,900) *100% = 6.08%

To calculate the NPV we discount the cash flows.

12% annuity factor for 5 years = 3.6048

PV of cash flows = 49,900*3.6048 = $179,879.52

NPV = 179879.52 - 190,900 = -$11,020.48  (negative)

Hope that helps.

4 0
3 years ago
What is the double entry system?​
Vikki [24]

Answer: Double-entry bookkeeping, in accounting, is a system of book keeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation,

5 0
3 years ago
Read 2 more answers
Poorman Company is contemplating a project with an initial capital investment of $40,000. The expected future annual cash inflow
Stella [2.4K]

Answer:

The Internal Return Rate (IRR) is 10%.

Explanation:

The IRR is the return rate where the future cash flows of an investment equal the initial disbursement of that investment. In other words, IRR is the rate where the Present Net Value of an investment is equal to zero: Initial investment = discounted future cash flows.

4 0
3 years ago
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