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DIA [1.3K]
3 years ago
14

Which of the following statements is TRUE?

Business
1 answer:
natita [175]3 years ago
5 0

Answer:

B. Mutual funds are actively managed while index funds are

passively managed.

Explanation:

Both mutual funds and Index funds are both portfolio investment Instruments. They comprise of a basket of stocks as opposed to single equity.

A professional manager manages a mutual fund. The manager uses different analytical tools to select the stocks to be included in the portfolio carefully.  Index funds track the prices of the underlying Index.  Index funds can be mutual funds or exchange-traded fund ETF such as the S&P 500. Index funds are passively managed.

Mutual funds will attract a higher commission than index funds to cater for the funds' manager's fee.

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ollegr [7]
Raise your grades up
8 0
3 years ago
Read 2 more answers
Culver Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $8,220, Land $40,8
Dovator [93]

Answer:

See explanation Section

Explanation:

             Culver Corporation

 Balance Sheet (Current Asset only)

        As at December 31, 2017

Particulars                         $                         $

Cash                                                        $8,220                

Accounts Receivable $97,530

Less: Allowance for

<u>Doubtful Accounts       (4,520)           </u>   $93,010

Prepaid Insurance                                   $6,040

Inventory                                                $34,900

<u>Equity Investments                                  $13,510</u>

Current Assets                                     $155,680

Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.

8 0
3 years ago
Harry was on the phone negotiating the terms of a contract for the purchase of ball caps containing his university's logo with A
Andreas93 [3]

Answer: d. No, a contract has not been formed, since Harry has not signed a contract for the goods.

Explanation:

The Uniform Commercial Code (UCC) utilizes the Statute of Frauds which states that contracts for goods worth over $500 in value are to be signed for them to be valid.  

The goods here are worth:

= 1,200 * 2

= $2,400

This contract is well worth over the $500 required for the contract to be signed which means that as Harry did not sign the contract, there is no contract.

6 0
2 years ago
Corporate culture is important to have in an organization which jf the following is a readin why corporate culture is important
solniwko [45]

Corporate culture is important as it guides how the workers in a company act and think.

<h3>What is corporate culture?</h3>

It should be noted that corporate culture simply means the behaviors that determine how the employees of a company interact.

In this case, corporate culture is important as it guides how the workers in a company act and think.

Learn more about culture on:

brainly.com/question/25010777

#SPJ1

6 0
2 years ago
Kyle has $2,200 in cash received for high school graduation gifts from various relatives. He wants to invest it in a certificate
Darina [25.2K]

Answer:

Kyle will have in five years from now 2,501.26 dollars for his investment on certificate of deposit.

Explanation:

We need to calcualte the future value of a lump sum:

Principal \: (1+ r)^{time} = Amount

Principal $ 2,200

time 5 years

rate 2.6% = 2.6/100 = 0.02600

2200 \: (1+ 0.026)^{5} = Amount

Amount 2,501.26

7 0
3 years ago
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