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3 years ago

A key reason that actively managed funds have lower returns than index funds with a similar level of risk is that:

1 answer:

5 0

Arbitrage reducing the returns of actively managed funds is a key reason that actively managed funds have lower returns than index funds with a similar level of risk

To add, actively managed funds typically have higher fees than passively managed funds.

Read more about Maslow hierarchy

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7 0

2 years ago

* Distinguish between Accounts Receivable and Account Payable.

geniusboy [140]

Explanation:

Accounts receivable is money owed to a company by its debtors.

Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.

6 0

3 years ago

Read 2 more answers

Discuss the meaning of taxation

Rashid [163]

Answer:

the meaning of taxation is the levying of tax.

6 0

3 years ago

Companies especially ones with multinational operations and/or newly acquired businesses, typically have

quester [9]

Companies especially ones with multinational operations and/or newly acquired businesses, typically have multiple cultures rather than a single culture.

When a business is multinational, they operate in different countries and in each country they operate in they are dealing with different cultures. Because of this, they have different cultures within their organization and operate according to where they are doing business. Successful companies will adapt to each culture so that the business runs like any other business would in their country.

6 0

3 years ago

High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated wi

Sauron [17]

Answer:

South Charleston Plant of Ravinia, Inc.

1. Cost behavior formula:

Forklift depreciation = $1,600 + $0q

Indirect labor = $43,000 + $6.20q

Fuel and oil for forklift = $3,550 + $0.71 (q - 5,000)

2. Cost of each item for an activity output level of 8,000 moves:

Forklift depreciation = $1,600

Indirect labor = $92,600

Fuel and oil for forklift = $5,680

3. Total cost formula = $48,150 + $6.47q

Materials handling cost = $99,880

Explanation:

a) Data and Calculations:

Resource Number of Moves Total Cost

Forklift depreciation:

Low 5,000 $1,600

High 15,000 1,600

Indirect labor:

Low 5,000 $74,000

High 15,000 136,000

Fuel and oil for forklift:

Low 5,000 $3,550

High 15,000 10,650

Cost behavior formula for each resource:

Forklift depreciation:

Low 5,000 $1,600

High 15,000 1,600

Difference 10,000 $0

Variable cost per unit = $0 ($0/10,000)

Fixed cost = $1,600

Cost behavior formula = $1,600 + $0q

Indirect labor:

Low 5,000 $74,000

High 15,000 136,000

Difference 10,000 62,000

Variable cost per unit = $6.20 ($62,000/10,000)

Fixed cost = $43,000 ($74,000 - ($6.20*5,000))

Cost behavior formula = $43,000 + $6.20q

Fuel and oil for forklift:

Low 5,000 $3,550

High 15,000 10,650

Difference 10,000 $7,100

Variable cost per unit = $0.71 ($7,100/10,000)

Fixed cost = $3,550 ($3,0 - ($0.71 * (15,000 - 5,000))

Step cost

Cost behavior formula = $3,550 + $0.71 (q - 5,000)

Forklift depreciation = $1,600 + $0 * 8,000 = $1,600

Indirect labor = $43,000 + $6.20 * 8,000 = $92,600

Fuel and oil for forklift = $3,550 + $0.71 (8,000 - 5,000) = $5,680

Total cost formula: Fixed + Variable

Forklift depreciation = $1,600 + $0 * 8,000 = $1,600

Indirect labor = $43,000 + $6.20 * 8,000 = $92,600

Fuel and oil for forklift = $3,550 + $0.71 (8,000 - 5,000) = $5,680

$48,150 + $51,730 = $99,880

= $48,150 + $6.47q ($51,730/8,000)

Materials handling cost = ($1600 + $43000) + ($6.20 + $0.71) X

= $44600 + $6.91 X

Y = $44600 + ($6.91 x 8000)

= $44600 + $55280

= $99880

4 0

2 years ago