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
geniusboy [140]
3 years ago
8

Which of the following are three key advantages of mutual funds? Multiple Choice diversification, taxes, high initial investment

s low initial investments, professional management, diversification liquidity, high initial investments, diversification professional management, high initial investments, taxes costs, diversification, liquidity
Business
1 answer:
tiny-mole [99]3 years ago
4 0

Answer:

The answer is: Which of the following are three key advantages of mutual funds? low initial investments, professional management, diversification

Explanation:

Mutual funds are by far the most popular investment choice (at least in the US). Their main advantages are:

  • risk reduction (diversification)
  • professional management
  • low initial investments are possible
  • dividend reinvestment
  • high liquidity

Although they also have some serious disadvantages like:

  • high fees and expense ratios
  • tax inefficient (especially capital gains)

You might be interested in
Woodridge Corporation manufactures numerous products, one of which is called Alpha-32. The company has provided the following da
RUDIKE [14]

Answer:

$492,925

Explanation:

Net operating income of product Alpha- 32 at a price of $79.50 if the sales forecast is correct.

Unit sales = 92,150 units as per sales forecast

Selling price per unit = $79.50

Contribution:

= Sales - variable costs

= (units sold × Selling price per unit) - (units sold × Variable cost per unit)

= (92,150 × $79.50 ) - (92,150 × $60.00)

= $7,325,925 - $5,529,000

= $1,796,925

Net operating income:

= Contribution - Fixed cost

= $1,796,925 - $1,304,000

= $492,925

5 0
3 years ago
On January 1, the Elias Corporation issued 10% bonds with a face value of $50,000. The bonds are sold for $46,000. The bonds pay
Darina [25.2K]

Answer:

d. $5,400

Explanation:

The computation of the interest expense is shown below:

As

Interest Expense is

= $50,000 × 10%

= $5,000

And,

Amortization Expense is

= ($50,000 - $46,000) ÷ 10 years

= $400

So,

Total Bond Interest Expense is

= Interest expense + amortization expense

= $5,000 + $400

= $5,400

We simply added the interest expense and the amortization expense so that the total bond interest expense could come

4 0
3 years ago
Kansas Enterprises purchased equipment for $60,000 on January 1, 2021. The equipment is expected to have a five-year service lif
Yuki888 [10]

Answer:

$11000

Explanation:

Depreciation is the reduction in the value of an asset over time due to regular wear and tear. Straight - line depreciation is where the same amount is reduced every year over the life of the asset. It is calculated as (Cost of asset - residual value) / number of useful life years

= ($60000 - $5000) / 5 = $11000

3 0
4 years ago
Which statement about stakeholders is BEST?
olasank [31]

Answer:

2. Stakeholders can potentially impact project development.

Explanation:

Stakeholders -

It refers to a party , which is interested in a company and the business can affect the stakeholder or the stakeholder can affect the business , is referred to as a stakeholder.

The type of primary stakeholder are , the suppliers , customers , employees and the investors.

The stakeholder have the capability to affect any project .

Hence , from the question,

The correct option is 2.

4 0
3 years ago
Acme, Inc., incurs the following costs during May:
chubhunter [2.5K]

Answer:

Particulars                                            Amount

Raw material used                               $18,600

Add: Direct labor                                 $26,600

<u>Overhead costs</u>

Factory supplies                 $3,100

Plant depreciation              $6,800

Indirect labor                      $8,600

Utilities ($10,600*80%)       <u>$8,480</u>  

Total overhead cost                             <u>$26,980</u>

Total manufacturing costs                 <u>$72,180</u>

8 0
3 years ago
Other questions:
  • Camden borrows funds, in increments of $1,000, and repays them on the last day of the month. Repayments may be made in any amoun
    7·1 answer
  • PSI, a financial services consultant, estimates that over _____ million U.S. households have a net worth in excess of $1 million
    8·1 answer
  • What is expansionary policy used for?
    7·1 answer
  • Identify one environmental factor or risk that affects the decision-making opportunities within your organization. Provide a bri
    14·1 answer
  • The purpose of a restrictive monetary policy is to:a. reduce borrowing costs b. stimulate spending curb c. rising prices and ove
    7·1 answer
  • Grant, Inc., acquired 30% of South Co.’s voting stock for $200,000 on January 2, Year 1, and did not elect the fair value option
    10·1 answer
  • Suppose that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows:
    10·1 answer
  • Why should you investigate the regular interest rate of the card along with the introductory offer?
    9·1 answer
  • Under a program called the Emissions Trading​ Scheme, the governments of European Union member nations establish overall targets
    11·1 answer
  • Put the following statements in the correct order to summarise the sequence of events in moving from the short-run to the long-r
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!