<u>Mutual funds</u> investment works by taking investors’ money, investing that collective money in stocks, bonds, and other investments, and managing this portfolio for the investors.
<h3><u /></h3><h3><u>A Mutual Fund is what?</u></h3>
A mutual fund is a type of financial vehicle that combines shareholder funds to invest in securities such as stocks, bonds, money market instruments, and other assets. Professional money managers run mutual funds, allocating the assets and aiming to increase investors' capital gains or income.
<u>Can Shares in Mutual Funds Be Sold Anytime?</u>
Shares in mutual funds are regarded as liquid assets and may be sold at any time; nevertheless, you should carefully review the fund's exchange and redemption fee regulations. Capital gains from mutual fund redemptions may also have tax repercussions.
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Answer:
Cash Dividends - Year 2 = $84400
Explanation:
The net income of the business is usually appropriated or used for two purposes at the end of the year. It is either used to pay dividends or is retained in the business and is added to the retained earnings or both.
Thus, to calculate the dividends paid by the business in a particular year, we can calculate the change in retained earnings and deduct it from the net income.
Change in retained earnings = Ending balance of retained earnings - Beginning balance of retained earnings
Change in retained earnings = 694000 - 587400
Change in retained earnings = $106600
Thus, out of the net income of $191000, $106600 were transferred to retained earnings. So, the amount of dividends paid for the year is,
Cash Dividends - Year 2 = 191000 - 106600 = $84400
Answer:
The correct answer is (D)
Explanation:
Actual adjusted budget and cyclically adjusted budget are critical to obtain full employment in the economy. Although, it is quite difficult to achieve full employment rate, but if an economy achieves it, the actual budget is can be equal to cyclically adjusted budget. This means, an economy’s expenditures are exactly equal to spending. It can only be achieved when an economy's GDP is at full potential.
Answer:
B
Explanation:
In comparison to standards that apply to consumers, the UCC imposes on merchants Special business standards.
Answer:
the current total contribution margin = 100 x 60% x ($80 - $20) = $3,600 per day
scenario 1: $10 discount
$3,600 = 100 x ?% x ($70 - $20)
$3,600 = $5,000 x ?%
$3,600 / $5,000 = ?%
occupancy rate = 72%
scenario 2: 10% discount
$3,600 = 100 x ?% x ($72 - $20)
$3,600 = $5,200 x ?%
$3,600 / $5,200 = ?%
occupancy rate = 69.23%
