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3 years ago

Conversion privileges, offered by many mutual fund families, refer to the ability to:_________________.

Business

1 answer:

alexandr1967 [171]3 years ago

5 0

Answer:

The correct answer is letter "B": switch from one fund to another within the same family, often without paying a commission.

Explanation:

Conversion privileges or exchange privileges are opportunities for mutual fund investors to change from one fund to another fund in the same family. Most fund companies will charge investors a reasonably low fee or in some cases, there are no charges at all.

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Why does the term debit not always mean increase and credit does not always mean increase.

GrogVix [38]

Sometimes you will use Debit to increase an account (ie: Assets) and sometimes you will use Credits to increase an account (ie: Liabilities)

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3 years ago

Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The

Virty [35]

Answer:

$4,355.26

Explanation:

The net present value is the present value of future cash flows expected from the project minus the initial investment outlay

initial investment outlay=working capital investment = -$10,000

Years 1-5 cash inflow=$2,000

Year 6 cash inflow=normal cash inflows+release of working capital

Year 6 cash inflow=$2,000+$10,000=$12,000

the present value of a future cash flow=cash flow/(1+r)^n

n is 1 for year cash inflow 2 for year 2 cash inflow, 3 for year 3 cash inflow and so on

NPV=-$10,000+$2,000/(1+10%)^1+$2,000/(1+10%)^2+$2,000/(1+10%)^3+$2,000/(1+10%)^4+$2,000/(1+10%)^5+$12,000/(1+10%)^6

NPV=$4,355.26

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3 years ago

A graph titled Change in U S Unemployment and Inflation from 1971 to 2001 has the year on the x-axis and percentage change on th

disa [49]

Answer:

falling unemployment and rising inflation.

Explanation:

Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.

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3 years ago

Read 2 more answers

The total factory overhead for Magnum Corporation is budgeted for the year at $500,000. This is divided into three activity pool

tatuchka [14]

Answer:

The ABC overhead for a Deluxe kayak will be $170.93

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

We are going to divide the overhead cost over the cost driver of each activity.

$\left[\begin{array}{cccc}-&Overhead&Total&Rate\\fabric&246,000&10,000&24.6\\assembly&144,000&32,000&4.5\\setup&110,000&15&7,333.33\\\end{array}\right]$

Now we apply the rate to Deluxe Kayak:

$\left[\begin{array}{cccc}-&Rate&Deluxe&Overhead\\fabric&24.6&10,000&246,000\\assembly&4.5&24,000&108,000\\setup&7,333.33&10&73,333.33\\Total&-&-&427,333.33\\\end{array}\right]$

Finally we divide the overhead for Deluxe between the units produced

427,333.33/ 2,500 = 170.933 = 170.93

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3 years ago

The population of ectenia is 100 people: 40 work full-time, 20 work half-time but would prefer to work full-time, 10 are looking

Marina CMI [18]

60 Becuase only 60 are working.

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3 years ago

Conversion​ privileges, offered by many mutual fund​ families, refer to the ability​ to:_________________.

Conversion privileges, offered by many mutual fund families, refer to the ability to:_________________.