1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
atroni [7]
3 years ago
11

The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 35 B 300,000 40 C 400,000 20 D 600,

000 25 If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 200,000 shares of stock E at $50 per share and 200,000 shares of stock F at $25 per share, what is the portfolio turnover rate?
Business
1 answer:
Flura [38]3 years ago
3 0

Answer: 35.71%  

Explanation:

Value of assets sold and replaced(D) = Stock × Share price

= 600,000 × $25

= $15,000,000.

Value of all assets = (Stock × Share price) of A + (Stock × Share price) of B + (Stock × Share price) of C + (Stock × Share price) of D

= (200,000 × $35) + (300,000 × $40) + (400,000 × $20) + (600,000 × $25)

= $42,000,000

Turnover\ rate = \frac{Value\ of\ the\ assets\ sold\ and\ replaced}{value\ of\ all\ the\ assets}

Turnover\ rate = \frac{15,000,000}{42,000,000}

                               = 0.3571

                                = 35.71%  

You might be interested in
A.8<br>B.15<br>C.26<br>D.52<br><br><br><br>if anyon can help i would be so happy
Alika [10]
I think the answer is D.52
3 0
3 years ago
On January 1, 2020, Scottsdale Company issued its 12% bonds in the face amount of $3,000,000, which mature on January 1, 2030. T
BARSIC [14]

Answer:

It is $329,209.31  

Explanation:

Please attached sheet for computation.

Download xlsx
5 0
3 years ago
For years Print and Copy, a copier machine supplier, enjoyed strong sales and a huge share of the copier market, far ahead of it
anzhelika [568]

Answer:

<h2>The answer, in this case,would be option D. given in the answer choice or closed.</h2>

Explanation:

  • A closed system strategy basically signifies a confined and a non transparent business strategy which is characterized by a limited interaction between the concerned company or business organizations and its customers.
  • Under the closed system, the companies or business organizations often stick to their traditional or conventional products and services and are usually not open or receptive to contemporary and recent market trends and patterns adopted by their competitors.
  • In this case, Print and Copy mostly relies on their selling existing product lines which have traditionally yielded higher revenue and consolidated company's market share in the industry in comparison to its market competitors. It also doesn't depend much on product modification based on respective customer feedback and reviews to enhance customer satisfaction and market goodwill or reputation,thereby,exhibiting infrequent and limited business and customer interaction.
4 0
3 years ago
Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Then inflation turns out to be low
Alla [95]

Answer:

1) False

when the inflation is lower than expected, the real interest rate will be higher, since

real interest rate = Nominal interest rate - inflation.

2) Gains

In case of unexpected lower inflation the lender gains and the borrower loses.This is because real value of the loan increases due to lower inflation.

3) Loses

In case of unexpected lower inflation the lender gains and the borrower loses.This is because real value of the loan increases due to lower inflation.

6 0
3 years ago
Read 2 more answers
​Disney's Hong Kong Disneyland and Shanghai Disneyland work in combination with the Chinese governmentdashowned Shanghai Shendi
aalyn [17]

Answer:

Joint ownership

Explanation:

A sort of ownership of real or Personal Property by at least two people in which each claims a unified enthusiasm for the entirety.

he people, who are called joint occupants, share equivalent responsibility for property and have the equivalent, unified right to keep or discard the property.

Example :

Two colleagues may together claim a business property. In the event that two people own any organization and one of them was died then  the entire of the complex has a place with the co-proprietor, and not the decedent's beneficiaries.

8 0
3 years ago
Other questions:
  • Your business partner has proposed you to join him (her) in investing $100000 each in a new enterprise. assume that you have tha
    12·1 answer
  • Megan fails to see any connection between how hard she works and the size of her annual pay raises. consequently, she puts littl
    11·1 answer
  • States in which region receive more of their revenue from the federal government than do most other states? the west the northea
    9·1 answer
  • John Smith works 40 hours for ABC Corp. for $15 per hour. Required payroll deductions are: Social Security $37.20, Medicare $8.7
    5·1 answer
  • Coca-Cola spent $102 million through The Coca-Cola Campaign focusing on water stewardship, healthy and active lifestyles, commun
    8·1 answer
  • Crimson Corp. was organized as a calendar-year corporation in January, Year 1, incurring $51,000 in qualified organizational exp
    15·1 answer
  • Assume the probability of a pessimistic, most likely and optimistic state of nature is .25, .45 and .30, and the returns associa
    14·1 answer
  • Which type of residential setting may care for one to three clients in a family-like atmosphere, including meals and social acti
    7·1 answer
  • How is health insurance different from auto insurance?
    14·1 answer
  • Which of the following would be purchased with an individual's discretionary income?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!