Answer:
The answer is: Product development strategy
Explanation:
A product development strategy takes place when a company decides to produce new product lines or expand existing lines, and then offer those "new products" to current or new markets.
In this case the bank uses the clients´ information to determine what other "new products" they can offer them. The bank is expanding its product lines and offering them to their existing customers.
<span>A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.</span>
The excess of purchases over sales is most likely due to new inflows into the fund.
Therefore only $416 million of stock held by the fund was replaced by new holdings.
Turnover Ratio = Total sales/ total assets = $416/$3,800 = 10.95% (Rounded to 2 decimals)
Turnover Ratio = 10.95%
Answer:
The bridge 's owner has a natural monopoly, and the marginal production cost (letting another car drive through it) is close to nil.
Explanation:
Since building several bridges to compete is inefficient, but building one bridge at a lower average cost to customers would be effective. If the private monopolist builds the bridge it can charge customers exceptionally high prices.
There is a high fixed cost involved with constructing a bridge. Hence constructing a bridge is a mere privilege. Furthermore, there is no extra cost to allow another car to cross the bridge. It means that the marginal cost is zero or closer.
Answer:
600 shares
Explanation:
If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:
(400 / 2) x 3 = 200 x 3 = 600 stocks.
After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).
