The correct option b) achieve risk-adjusted returns equal to an appropriate benchmark, is the function of the portfolio manager.
<h3>Define the function of portfolio manager?</h3>
Investment decisions are made by portfolio managers.
- They create and manage portfolios, decide what and when to acquire and sell investments, and develop and implement invest procedures and strategies to suit client goals and restrictions.
- Private client investment allocations are typically created and managed by portfolio managers.
- While some portfolio managers specialize in serving the needs of institutions or corporations, others work exclusively individuals and families.
- One of the most crucial things to take into account when considering at fund investing is a portfolio manager.
Thus, a portfolio manager is a single individual or group of persons who are in charge of managing daily portfolio trading, implementing an investment strategy, and investing the assets of a mutual, exchange-traded, or closed-end fund.
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The answer to this is true
Answer:
$228,000
Explanation:
Preparation of the operating activities section of the statement of cash flows for 2017 for Sosa Company
Sosa Company operating activities section of the statement of cash flows for 2017
Net income $190,000
Add:Depreciation expenses $35,000
Loss on disposal of plant assets $5,000
Increase in accounts payable $17,000
Less: Increase in accounts receivable($15,000)
Increase in prepaid expenses ($4,000)
Net cash flow of the operating activities $228,000
Therefore the operating activities section of the statement of cash flows for 2017 for Sosa Company will be $228,000
Answer:
Total dividends will be zero since residual dividend policy gives a negative dividend of $200000
Explanation:
Following the residual dividend policy,the dividends payable to shareholders can be calculated with the below formula:
residual dividend =forecast net income -(equity percentage * capital requirement)
Residual dividend=$600000-($2000000*40%)
Residual dividend=$600000-$800000
Since dividends cannot be taken as negative figure,dividends is nil
Alternatively dividends can be reduced to available net income after payment of interest and taxes