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ira [324]
3 years ago
9

Orders placed for buying shares of a mutual fund any time up to 4:00 p.m. are priced at that day’s net asset value (NAV), and or

ders placed after 4:01 p.m. are priced at the next day’s NAV. What is this practice known as_______________.
Business
1 answer:
AnnZ [28]3 years ago
8 0

Answer: Forward pricing

Explanation:

Forward pricing is a policy in the mutual funds industry where by companies that are investing are mandated to buy or sell orders based on the end net asset value for the day. It is a policy developed by SEC (Securities and Exchange Commission) supported by Rule 22(C) (1) also known as Forward pricing rule. This rule helps to lessen the severity of dilution on shareholders and also help mutual funds operations to run efficiently

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State whether the following sentences are true or false regarding the nature of fiduciary-type funds and the accounting measurem
geniusboy [140]

Answer:

a. Governments may access the resources of fiduciary funds to help support their own programs.

True

b. When a government sponsors an Investment Trust Fund, the portion that belongs to other governments is reported as assets of the Fund, but the portion belonging to the sponsoring government is not.

True

c. The statement of net position for a typical Agency Fund shows assets and liabilities, but no fund balance.

True

d. When reporting on the resources of Pension Trust Funds, equity securities held by the Funds are reported at original cost.

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Explanation:

7 0
3 years ago
Three major transportation segments and a major company within each segment are as follows:
Irina18 [472]

Answer:

Segment Company Motor

a) The asset turnover ratios for all three companies. Round to two decimal places are:

YRC Worldwide ___4.76_____

Union Pacific ___0.46____

C.H. Robinson Worldwide __12.34____

b) Based on the Asset Turnover Ratio computed above, Transportation Arrangement is the most efficient.  It outperformed YRC Worldwide and Union Pacific Corporation in deploying assets to generate revenue.  The performance of Union Pacific Corporation in comparison is very abysmal.

Explanation:

a) Data and Calculations:

                              YRC Worldwide   Railroads Union         Transportation    

                                 Inc. (YRCW)    Pacific Corporation    Arrangement C.H.

                                                                  (UNP)

Sales                              $4,832                $21,813                      $13,470

Average long-term

operating assets             1,016                47,569                           1,092

Asset turnover = Sales/Average operating assets

=                                        4.76                  0.46                            12.34

5 0
3 years ago
A corporation has cumulative preferred stock on which it pays dividends of $20,000 per year. the dividends are in arrears for tw
tekilochka [14]
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8 0
3 years ago
Trade between countries tends to Group of answer choices
S_A_V [24]

Answer:

Option (d) is correct.

Explanation:

Trade between the nations will result in an increase in both competition and specialization.

When the trade among the nations increases then as a result competition increases because consumers have more number choices due to imported products from the other nations. This will increase the competition.

We know that the trade is largely based on the comparative advantage. The countries exporting the product in which it has a comparative advantage and importing the products in which it has a comparative disadvantage. This will increase the specialization in the production of certain goods.

3 0
3 years ago
A loan officer will use _____ to determine if you will be approved for a loan.
Georgia [21]
The correct answer would be : The Four C's Of Lending

I hope that this helps you !
6 0
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