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3 years ago

Explain why the offer price is used to calculate the investment in a load mutual fund instead of the net asset value.

Business

2 answers:

tatuchka [14]3 years ago

6 0

When purchasing load mutual funds, you are charged a fee, or commission, which is added to the fund's net asset value.

xenn [34]3 years ago

3 0

Answer: The correct answer is: when you purchase load mutual funds, you are charged a fee, or commission, which is added to the fund's net asset value. The total of the net asset value and the commission, called the offer price, is the price you actually pay for each share of the fund.

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1 year ago

Monika's gift barn has cash of $316, accounts receivable of $687, accounts payable of $709, and inventory of $2,108. what is the

kondaur [170]

Given:
Cash = $316
Accounts receivable = $687
Accounts payable = $709 (Liabilities)
Inventory = $2,108 (Assets)

Total assets = Cash + Receivables
= 316 + 687 = $1,003
Liabilities = $709

By definition, the quick ratio is
QR = (Assets - Inventory) / Liabilities
= (1003 - 2108)/709
= -1.5585

This means that the gift barn is over-leveraged and struggling to grow.

Answer: -1.56

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3 years ago

Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of c

anyanavicka [17]

Answer and Explanation:

The classification is as follows

A. financing activity = Cash outflow as cash is gone

B. Operating activity = Cash inflow as cash is received

C. Operating activity = Cash outflow as cash is gone

D. Financing activity = Cash outflow as cash is gone

E. Investing activity = Cash outflow as cash is gone

A. Investing activity = Cash outflow as cash is gone

B, Investing activity = Cash inflow as cash is received

C. Operating activity = Cash outflow as cash is gone

D. Operating activity = Cash inflow as cash is received

E. Operating activity = Cash inflow as cash is received

F.financing activity = Cash inflow as cash is received

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3 years ago

An investor who owns stocks in many different companies would most likely see a rise in the overall value of her portfolio durin

LiRa [457]

An investor who owns stocks in many different companies would most likely see a rise in the overall value of her portfolio during a _____.
bull market

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3 years ago

Read 2 more answers

1. ______ assist in the movement of goods and services from producers to industrial and consumer users. Exchange providers Finan

Nonamiya [84]

Answer:

Marketing Intermediaries

Explanation:

Marketing Intermediaries work as a thoroughput between operations that produce goods and operations who use those goods.

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1 year ago