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Trava [24]
3 years ago
14

Consider a mutual fund with $300 million in assets at the start of the year and 12 million shares outstanding. If the gross retu

rn on assets is 18% and the total expense ratio is 2% of the year-end value, what is the rate of return on the fund?
A 15.64%
B 16%
C 17.25%
D 17.5%
Business
1 answer:
Vikentia [17]3 years ago
3 0

Answer:

A 15.64%

Explanation:

300*1.18 = 354

354*0.02 = 7.08

354 - 7.08 = 346.92

rate of return = 346.92/300

                      = 15.64%

Therefore, The rate of return on the fund is 15.64%

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Which eoc configuration aligns with the on-scene incident?.
g100num [7]

Answer: ICS or ICS-like EOC structure aligns with the on-scene incident organization. Many associations, jurisdictions, and organizations configure their EOCs simply by using the general/standard organizational structure of ICS. It is used either as or by modifying it slightly.

Explanation:

8 0
2 years ago
As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by selling new shares of stock
const2013 [10]

Answer:A) an investment banker

Explanation: An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other entities.

3 0
3 years ago
Marin Company in its first year of operations provides the following information related to one of its available-for-sale debt s
KonstantinChe [14]

Answer:

Explanation:

Available for sale securities are required to be reported at fair value.

Hence the difference between amortized cost and fair value is required to be transferred to other comprehensive income.

The amount of credit loss that Marin should report on this available for sale security at 31-12-2020

= $52,000 - $44,000

= $8,000

8 0
3 years ago
Real per capita GDP in Taiwan in 1961 was about $500, but it doubled to about $1000.00 by 1981. a. What was the average annual e
aliya0001 [1]

Answer:

the average annual economic growth rate in Taiwan from 1961 to 1981 was 41.42%

Explanation:

Hi, we need to use the following formula.

FV=PV(1+r)^{t}

Where:

FV = GDP in 1981 ($1,000)

PV = GDP in 1961 ($500)

r = growth rate

t = years from 1981 to 1961 (20 years)

So, it should look like this:

1,000=500(1+r)^{20}

Now, we solve for "r"

\frac{1,000}{500} =(1+r)^{20}

2=(1+r)^{20}

\sqrt[20]{2} -1=r

r=0.4142

So, the growth rate of Taiwan´s GDP is 41.42%

Best of luck.

5 0
3 years ago
If a manufacturing process takes 4 hours per unit of x1 and 2 hours per unit of x2 and a maximum of 100 hours of manufacturing p
Darina [25.2K]

The algebraic formulation of the constraint involved in this manufacturing process is <u>c. 4x1 + 2x2 <= 100</u>.

<h3>What is a constraint?</h3>

A constraint is a condition that an optimization problem must satisfy to provide a solution.

The types of constraints are:

  • Equality constraints
  • Inequality constraints
  • Integer constraints.

<h3>Answer Options:</h3>

a. 4x1 + 2x2 >= 100

b. 4x1-2x2 <= 100

c. 4x1 + 2x2 <= 100

d. 4x1 2x2 >= 100

Thus, the algebraic formulation of the constraint involved in this manufacturing process is <u>c. 4x1 + 2x2 <= 100</u>.

Learn more about constraints at brainly.com/question/23796291

7 0
2 years ago
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