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mylen [45]
3 years ago
11

Lena invested her savings in two investment funds. The $6000 that she invested in Fund A returned a 6% profit. The amount that s

he invested in Fund B returned a 1% profit. How much did she invest in Fund B, if both funds together returned a 4% profit?
Business
1 answer:
Nostrana [21]3 years ago
4 0

Answer:

The amount that Lena will invest in fund B would be $4000.

Explanation:

Given information -

Amount invested in fund A - $6000

Return earned on fund A - 6%

Let us assume amount invested in fund B be x

Return earned on fund B - 1%

Return on both funds together - 4%

Let us assume the total amount of fund invested be ($6000 + x)

Now using simple equation , we will take out the value of x which is the amount invested in fund B -

$6000 X 6% + x X 1% = 4% ( $6000 + x )

= $360 + .01 x = $240 + .04 x

= $360 - $240 = .04 x - .01 x

$120 = .03 x

x = $120 / .03

= $4000.

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3 years ago
When analyzing the feedback on an evaluation form, a trainer should look for?
erik [133]

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3 0
1 year ago
Breaking down the answer to the question: "Have you ever purchased a ticket online for an American Airlines flight?" into subgro
never [62]

Answer:

Demographic Segmentation

Explanation:

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In this case AA  is segmentating based on gender or location (zip Code)

Demographic segmentation is based on demographic information of the customer and it helps to target the message in order to reach the relevant audience.

7 0
3 years ago
If a company receives $12,000 from the stockholders to establish a corporation, the effect on the accounting equation would be:_
Darina [25.2K]

Answer:

The correct answer is option A

Explanation:

A receipt of cash indicates an increase in cash which is an asset. When an asset increases, it is represented by a debit to that asset's account and the asset side of the accounting equation is also debited. Thus, a receipt of $12000 cash from stockholders will be represented by a debit or an increase to the asset account for $12000.

The other side of the transaction would be a credit to the equity for $12000 because the stockholders are the owners of the company and any capital invested by the owners in the company is represented by a credit to the equity account as the capital is credited when it increases. Thus, the effect on accounting equation will be an increase in the equity of $12000.

4 0
3 years ago
The bank loan of $2,000,000 requires Irkalla to maintain certain financial ratios but Irkalla has not been able to do so and is
aalyn [17]

Answer:

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Method of reasoning: Accounts payable-exchange and Short-term borrowings consistently fall under "Current Liabilities". Development for Other bank advance has not explicitly given (for example develops June 30, 20 × 5), so we accept it to develop on June 30, 2015. Since development is expected inside 1 year, it additionally falls under current risk as term is just a single year. On the bank credit of $2,000,000, Irkella has damaged the terms, so now this advance is likewise required to be paid off soon and thus it additionally now goes under "Current Liabilities"

8 0
3 years ago
Read 2 more answers
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