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Mashcka [7]
3 years ago
10

An investor invests $100,000 in a mutual fund that has a 5 percent front-end load, charges a management fee of 0.5 percent, and

a 12b-1 fee of 0.25 percent. The investor plans to leave the investment for one year. What is the dollar amount of the total shareholder cost? Group of answer choices $5,000. $5,500. $5,750. $750. $500.
Business
1 answer:
inn [45]3 years ago
7 0

Answer:

$5,750

Explanation:

To find the total shareholder cost we must add the front-end load, the management fee and the 12b-1 fees.

The front-end load = $100,000 x 5% = $5,000

The other two fees = $100,000 x (0.25% + 0.5%)  = $100,000 x 0.75% =  $750

total shareholder cost = $5,000 + $750 = $5,750

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Tamarisk, Inc. sells merchandise on account for $7400 to Cheyenne Corp. with credit terms of 2/15, n/30. Cheyenne Corp. returns
Vera_Pavlovna [14]

Answer: $5,586

Explanation:

Tamarisk, Inc. sells merchandise on account for $7,400 to Cheyenne Corp. with credit terms of 2/15, n/30

Returned goods worth $1700 of merchandise that was damaged.

Total purchase. $7,400

Less: Return. ($1,700)

Net purchases. $5,700

Made pmt within the discount period of 15 days at 2% discount

Purchases of $5,700 x 2%. = $114

Total amount paid for the purchase is $5,700 - $114 = $5,586

5 0
4 years ago
Read 2 more answers
Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure th
vekshin1

Answer:

A.8.85%

Explanation:

Computation to determine the weighted average cost of capital for Zonk based on the new capital structure.

First step is to calculate the Cost of equity capital using this formula

Cost of equity capital = Risk free rate + (Beta*Market premium)

Let plug in the formula

Cost of equity capital = 2.3% + (1.13*5.3%)

Cost of equity capital=8.28%

Now let determine theWeighted average cost capital

Weighted average cost capital = [.70*.14*(1-.35)]+(.30*.0828)

Weighted average cost capital= [.70*.14*.65]+.02484

Weighted average cost capital=0.0637+.02484

Weighted average cost capital= .0885*100

Weighted average cost capital= 8.85%

Therefore the weighted average cost of capital for Zonk based on the new capital structure is 8.85%

4 0
3 years ago
Brainden Inc. is a multinational company that primarily provides ideas for business improvements, marketing, and promotions. The
nirvana33 [79]

Answer:

C. Job Satisfaction

Explanation:

Job satisfaction has to do with a measure of how content an employee is with his job. It has to do with the degree of contentment that an employee derives from a job. It satisfies the question of whether or not an employee likes the job he's doing. Company's and organizations thrive to provide high level of job satisfaction for their employees. This is because with high level of job satisfaction comes increase in the productivity level. Various factors affect job satisfaction including nature of job, pay and so on. In this case, Brainden tries to increase job satisfaction by providing cross training for their employees.

3 0
3 years ago
Read 2 more answers
How many back-up contracts can be created using the trec-promulgated addendum?
jok3333 [9.3K]
The answer for this question is: ONE
In this case, TREC stands for Texas Real estate commission. The Back-up contract is created to determine the buyer next-in line to purchase the property. 
By making this, the seller will be obligated to approach next-in line buyer if the first buyer fail to fulfill the approved contract
3 0
3 years ago
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 32 (8 01:40:41
olga nikolaevna [1]

Answer:

1. Received cash from long-term debt issuance.

Classification: Financing activities

2. Paid long-term debt with cash.

Classification: Financing activities

3. Received cash from short-term debt issuance.

Classification: Financing activities/Operating activities

4. Issued common stock for cash.

Classification: Financing activities

5. Paid cash for wages and salaries.

Classification: Operating activities

6. Received cash interest on a note.

Classification: Operating activities

7. Paid cash for property taxes on building.

Classification: Operating activities

8. Paid cash for utilities.

Classification: Operating activities

9. Sold stock investments for cash.

Classification: Investment activities / Finance activities

10. Received cash from sale of equipment.

Classification: Investment activities

7 0
3 years ago
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