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3 years ago

Refer to the information above. Calculate the 20-year geometric average annual rate of return on the S&P 500 Index

Business

1 answer:

AysviL [449]3 years ago

4 0

Question options:

A. 13.04%

B. 11.84%

C. 10.54%

D. 4.66%

Answer

B. 11.84%

Explanation:

Please find attached

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You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 5.75

valkas [14]

Answer:

3.44%

Explanation:

The computation of the return if sold the fund at the year end is shown below:

= {[Price × (1 - Front End Load) × ((1 + fund increase percentage) -expense ratio)] - price} ÷ price

={[$20 per share × (1 - 5.75%) × ((1 + 11%) - 1.25%)] - 20} ÷ 20

= 3.44%

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

6 0

3 years ago

Over the past 4 years, Cardi, age 28, has contributed a total of $20,000 to a Roth IRA. The current balance is $25,000. She was

Juliette [100K]

Answer:

Explanation:

According to the scenario, computation of the given data are as follow:-

Contributed amount = $20,000

Distribution amount = $15,000

As we know,

Taxable amount = Distribution amount - contribution amount

= $15,000 - $20,000

= - $5,000

The contribution amount is $20,000 more than the distribution amount $15,000. So distribution amount is not taxable.

She included $0 amount in her gross income this year.

4 0

4 years ago

sveticcg [70]

Answer:

Nov 3

Inventory 64,000

Account Payable 64,000

Nov 4

Cash 40,080

Sales Revenue 40,080

COGS 24,580.5

Inventory 24,580.5

Nov 5

Inventory 51,620

Account Payable 51,620

Nov 6

Account Payable 13,600

Inventory 13,600

Nov 8

Account Receivable 14,830

Sales Revenue 14,830

COGS 9,240.13

Inventory 9,240.13

Nov 14

Account Payable 50,400 (64,000-13,600)

Inventory 1,008 (50,400 x 2%)

Cash 49,392(50,400-1,008)

Nov 14

Account Receivable 231,020

Sales Revenue 231,020

COGS 135,490.15

Inventory 135,490.15

nov 23

cash 14,830

account receivable 14,830

Account Payable 51,620

Inventory 1,016 (50,800 x 2%)

Cash 49,784(51,620-1,016)

nov 24

Account Receivable 53,800

Sales Revenue 53,800

COGS 37,340.28

Inventory 37,340.28

nov 28

credit card charge expense 3,690.3

cash 3,690.3

nov 28

sales return and allowance 5,610

cash 5,610

Inventory 2,990

COGS 2,990

5 0

3 years ago

Alex is injured and rushed to Care Hospitals for treatment. He spent 69 minutes at the hospital out of which he filled a form fo

ollegr [7]

Answer:

23.19%

Explanation:

Data given in the question

Spending minutes in the hospital = 69

Queue time = 20 minutes

Form filling time = 21 minutes

Doctor treatment time = 16 minutes

Payment time = 12 minutes

So, by considering the above information, the service cycle efficiency is

Service cycle efficiency = Doctor Treatment time ÷ Total time spent in the hospital

= 16 minutes ÷ 69 minutes

= 23.19%

8 0

3 years ago

Explain the short and long term significance of the mcnary-haugen bill and the boulder canyon project.

Semmy [17]

Answer and Explanation:

The short and long term significance of the mcnary-haugen bill and the boulder canyon project was that the plan was to relieve American agriculture by raising prices of all farm products. Although this was for the government to buy wheat but it would negatively affect farmers, so Coolidge went ahead to vetoed the bill.

The Boulder Canyon Project was to effectively construct a dam and provide hydroelectric power as well as to provide flood control which is why The dam which is also known as the Hoover dam, helps to provided lots of scientific information needed.

7 0

3 years ago