Answer: A. $15.4 Million
B. $8.8 million
Explanation:
a. What were the total fees paid to the fund's investment managers during the year?
This will be:
= Average daily assets × Management fee
= $2.2 billion × 0.7%
= $15.4 million
b. What were the other administrative expenses?
The total expense that's incurred for managing the fund will be:
= $2.2 billion × 1.1%
= $24.2 million
Therefore, the other administrative expenses will be:
= $24.2 million - $15.4 million
= $8.8 million
Answer:
loss of $ 1,400,000.00
Explanation:
Amount of share : two million:
offer price per share: $55
selling price per share: $53.80
Loss per share: $1.20
Total loss= $1.2X2,000,000= ($2,400.000.00)
Earning from spread: 0.5x2,000,000.00 =$1,000.000.00
Net earning: (2,400,000.00)+$1,000,000.00=($ 1,400,000.00)
loss of $ 1,400,000.00
Answer:
Contribution Margin Income Statement
+Sales Revenue 1,400 x $95 = $133,000
-Variable production costs 1,400 x $65 = ($91,000)
-Variable selling costs 1,400 x $2 = ($2,800)
=Contribution Margin $133,000 - $91,000 - $2,800
= $39,200
-Fixed production costs ($13,000)
=Net profit = $39,200 - $13,000
= $26,200
Answer:
True
Explanation:
The term reliability is associated with consistency in performance that can be proven through statistical analysis. Reliability means dependability. It is the assurance that a system, equipment, or apparatus will perform its functions as expected with many instances of failure.
Reliability is the high probability that a system or equipment will operate without failure. Reliability means that performance results can be verified. The probability of producing such results in the future is high.
The national labor relation act is the act formed by the government to protect right of employers and the employees.
<u>Explanation:</u>
The National Labor Relations Act of 1935 is a primary rule of United States work law which ensures the privilege of private part employees to sort out into worker's guilds, participate in aggregate haggling, and make aggregate move, for example, strikes.
Congress sanctioned the National Labor Relations Act ("NLRA") in 1935 to secure the privileges of representatives and bosses, to energize aggregate dealing, and to shorten certain private area work and the executives rehearses, which can hurt the general government assistance of laborers, organizations and the U.S. economy.
