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Alborosie
3 years ago
7

A mutual fund that invests in stocks that provide a predictable source of dividend income and the potential for dollar appreciat

ion is called a(n) ____________ fund.
Business
1 answer:
Umnica [9.8K]3 years ago
5 0

Answer: Equity funds

Explanation: This type of mutual fund invest in stocks,the risk of losing your investment is high in this type of mutual fund,these funds are usually expected to grow faster than fixed income funds and money market funds.

There are different types of Equity funds which includes mid-income stocks,value stocks,high-cap stocks,growth stocks and income stocks.

The potential for Dollar appreciation is high with these types of stocks with predictable source of dividend.

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The following is a free response question released by the College Board from a previous AP exam to be used as practice for futur
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<u>Solution and Explanation:</u>

(a). Firm in perfect competition produces at minimum efficient scale, MEC where average cost AC is minimum. The price is determined by the market supply and demand.

(b) Note that q1 is at the minimum of AC while Q* is to the left of q1. Similarly, P1 is equal to MC while P* is higher than MC. This shows that firms in perfect competition produce more and charge less than the firms in monopolistically competitive market.

(c) All firms in monopolistically competitive market as well as perfectly competitive market earn zero economic profit in the long run. This is because there is a free entry and exit

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3 years ago
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and ac
Zina [86]

Answer:

Explanation:

Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost

=  $51,157.84+$5755.62=

= $56,913

Calculations:

Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:

Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours  = $4300000/60000 hours = $71.66 per hour

Overhead (Department A) = $71.66per hour*724 labor hours

= $51,157.84

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Overhead (Department A) = $36.66 per hour*157 labor hours

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3 years ago
Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expe
Natali5045456 [20]

Answer:

c. $36,070

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contribution margin ratio= contribution/sales

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Given;

sales = $137,000

contribution margin ratio = 61% = 0.61

0.61 = contribution/$137,000

contribution = $137,000 × 0.61

= $83,570

Net operating income is the difference between the contribution and the fixed cost.

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Net operating income = $83,570 - $47,500

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3 years ago
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