Answer:
20%
Explanation:
The computation of rate of return on the fund is shown below:-
Net assets value at the beginning = Total assets ÷ Number of shares
= $390 million ÷ 15 million
= $26 million
Net assets value at the end of the year = (Total assets - Expenses) ÷ Number of shares
= ($440 million - ($440 million × 2%)) ÷ 16 million
= ($440 million - $8.8 million) ÷ 16 million
= $26.95 million
Now,
Rate of return = (Net assets value at the end of the year - Net assets value at the end of the year + Income distribution + Capital gain distribution) ÷ Net assets value at the beginning
= ($26.95 million - $26 million + $4 per share + $0.25 per share) ÷ $26 million
= $5.2 million ÷ $26 million
= 20%
Answer:
Cash flow generated from financing activities: 5,200,000
Explanation:
Financing activities are the cash outflow and inflow from the company's debt and equity. Take and repayment of debt, interest on debt and dividend yield will be included in this section:
Cash received from issuance of notes payable 8,000,000
Dividends paid on Gorky common stock (800,000)
Repayment of notes payable <u> (4,000,000) </u>
Cash flow generated from financing activities: 5,200,000
The machinery and planyt building are not financing activities. So we ignore them.
Answer:
Desired and welcomed in various social situations
Explanation:
Mass media reaches the large audiences, whether it is internet, television or radio. The influence on everyday life is therefore very strong, whether it is the way we vote, our individual views and believes or shaping of our knowledge about certain topic based on true or false information.
Answer:
D.Being punctual, managing time and enforcing polices.
