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liberstina [14]
2 years ago
13

Socially responsible funds are distinguished from other mutual funds because they do not charge any sales commission or manageme

nt fees. invest only in companies that meet specified moral, ethical, or environmental standards. invest only in over-the-counter stocks. will sell their shares only to investors who sign a statement saying they do not smoke tobacco or use alcohol.
Business
1 answer:
snow_lady [41]2 years ago
4 0

Answer:

Socially responsible funds are distinguished from other mutual funds because they invest only in companies that meet specified moral, ethical or environmental standards.

Explanation:

Socially responsible funds are mutual funds that follow the criteria of Socially Responsible Investing (SRI). SRI  is an investment strategy that consists on choosing the companies in which to invest the money considering not only financial return, but also the social or environmental impact and appreciating good management.

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A partner withdraws from a partnership by selling her interest to another person who currently is not associated with the firm.
spin [16.1K]

Answer: Option A

Explanation: The given case relates to the problem of dissolution of partnership and not the dissolution of firm.

In case of dissolution of partnership only the existing agreement among the partners ceases to exist due to leaving or joining of new partners and a new agreement takes place among the existing partners.

In such a case, the account balance of the partner remains same. It changes in case of dissolution of firm.

Hence the correct option is A.

3 0
2 years ago
Read 2 more answers
Estes Park, Inc., has declared a dividend of $6.20 per share. Suppose capital gains are not taxed, but dividends are taxed at 30
pickupchik [31]

Answer:

the ex-dividend price is $108.66

Explanation:

The computation of the ex-dividend price is shown below:

The Aftertax dividend is

= Dividend × (1 - tax rate)

= $6.20 (1 - 0.30)

= $4.34

Now the exdividend price is

= Selling price of a share - after tax dividend

= $113 - $4.34

= $108.66

hence, the ex-dividend price is $108.66

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

5 0
3 years ago
If there is an even number of data, how is the median found?
pishuonlain [190]

Answer:

the average of two middle numbers

Explanation:

the median is the number in the middle of an arranged from smallest to largest number of a set of numbers

when you have an even number of data there is no 1 number in the middle so you take the average of the 2 middle numbers

4 0
3 years ago
Match the following terms with their definitions. the resources wasted when inflation induces people to reduce their money holdi
gogolik [260]

Answer:

Explanation:

Match the following terms with their definitions.    

A. Confusion and Inconvenience :inflation decreases the reliability of the unit of account making it more complicated to differentiate successful and unsuccessful firms thereby impeding the efficient allocation of funds to alternative investments.

B. Shoeleather costs : the resources wasted when inflation induces people to reduce their money holdings.

C. Relative Price Variability : because prices change infrequently, higher inflation causes relative prices to vary more. Decisions based on relative prices are then distorted so that resources may not be allocated efficiently.

D. Unexpected Inflation :inflation decreases the real value of debt thereby transferring wealth from creditors to debtors.

E. Menu costs the cost of more frequent price changes at higher inflation rates.

F. Inflation Induced Tax Distortions :the income tax is not completely indexed for inflation; an increase in nominal income created by inflation results in higher real tax rates that discourage savings.

4 0
3 years ago
The current assets of Sheridan Company are $292400. The current liabilities are $116960. The current ratio expressed as a propor
Varvara68 [4.7K]

The current ratio expressed as a proportion is 2.5

Explanation:

Given :

The current assets = $292400

The current liabilities are $116960.

To find :

The current ratio

Solution :

Current Ratio =

\sf{\dfrac{Current \: Assets }{Current \: Liabilities}}

\sf{\implies{\dfrac{292400}{116960}}}

\implies 2.5

Therefore, The current ratio expressed as a proportion is 2.5

4 0
3 years ago
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