Answer:
Mutual Fund
Explanation:
In mutual fund, a group of people gathered their capital and manage all of it under one management. (usually, they trust this fund to a company who hired several experts in finance).
That company will diversified that capital into several different investment in order to minimize the risk. The original owner of the capital just need to sit back and accumulate the profit without having any direct influence in the investment.
Since the capital is belong to the members , Each members of the mutual fund will own every single parts of the investments collection that the company make.
I believe this is true.
Hope this helps!
Answer:
Explanation:
You need 2 people to have a conversation, not just words. You can’t just be in and empty room and just talk. You need someone else to talk to you.
Answer:
Explanation:
The proper adjusting entry is as follows
Supplies expense A/c Dr $603
To Supplies A/c $603
(Being supplies account is adjusted)
The supplies expense is computed by
= Supplies account balance - supplies on hand at the end of the year
= $873 - $270
= $603
Basically we debited the supplies expense account and credited the supplies account so that the proper posting could be done.
Answer:
So, here are seven steps for writing a perfect business plan.
Research, research, research.
Determine the purpose of your plan.
Create a company profile.
Document all aspects of your business.
Have a strategic marketing plan in place.
6. Make it adaptable based on your audience.
Explain why you care.
Explanation:
