10 times as as 100 is

Which of the following characteristics apply to unit investment trusts? I) Most are invested in fixed-income portfolios. II) The

sweet-ann [11.9K]

Answer:

I) Most are invested in fixed-income portfolios.

IV) The portfolio is fixed for the life of the fund.

Explanation:

Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.

3 0

3 years ago

When Sandra and Charles Givens were divorced, the court ordered a division of property and awarded Sandra $65,000. The award was

taurus [48]

Answer:

Yes, it is a binding contract.

Explanation:

A contract is a legal binding agreement between two or more parties at the court of law. The agreement could be in terms of money, services, right or duties between the parties involved.

Since a consent has been reached between the two parties before the judge, Charles would pay the sum in the stipulated manner. The acceptance of the offer of payment by Sandra made it a binding contract for Charles, so he is bound by this service until he pays the full amount to Sandra.

3 0

3 years ago

A new home sold for $350,000. The tax rate is $.825 per hundred or fraction thereof. How much will the annual taxes be on this p

Sonbull [250]

Answer:

$2,887.50

Explanation:

$350,000 ÷ 100 = $3,500

$3,500 x 0.825 = $2,887.50

hope this helps :)

3 0

3 years ago

The concept of designing marketing communications programs that coordinate all promotional activities—advertising, personal sell

sp2606 [1]

Answer:

The concept of designing marketing communications programs that coordinate all promotional activities—advertising, personal selling, sales promotion, public relations, and direct marketing—to provide a consistent message across all audiences is referred to as Integrated Marketing Communications

Explanation:

Integrated Marketing Communications refers to a unified approach adopted by the Company towards all promotional activities concerning a particular product or brand.

It entails a consumer driven promotional base, where using various tools of promotion such as advertising, social media, public relations, among others, a comprehensive and consolidated message is put across to the consumer.

The biggest benefit arising out of having an integrated marketing communications strategy is that since each and every promotional activity is revolving around the same central idea, the message that is aimed to be put across to the consumer is effectively and efficiently delivered, leading to a great return on investments and consequently a bigger profit.

4 0

3 years ago

BluStar Company has two service departments, Administration and Accounting, and two operating departments, Domestic and Internat

umka2103 [35]

Answer/Explanation:

a. Allocation of Cost of the service departments to the operating departments using the direct method:

Administration cost:

Total employees = Domestic + International = 45 + 27 = 72

Domestic = 45/72 × 360,000 = $225,000

International = 27/72 × 360,000 = $135,000

Accounting Cost:

Total transaction = Domestic + International = 240,000 + 96,000 = 120,000

Domestic = 24,000/120,000 × 148,000 = $29,600

International = 96,000/120,000 × 148,000 = $118,400

b. Allocation of cost of the service departments to the operating departments using the step method:

Administration cost:

Let’s calculate the ratio

Ratio =28/(28+45+27) = 28/100 ; 45/100; 27/100

Therefore,

Accounting = 28/100 × 360,000 = $100,800

Domestic = 45/100 × 360,000 = $162,000

International = 27/100 × 360,000 = $97,200

Accounting Cost:

Ratio: 24,000/(24,000 + 96,000) = 24,000/120,00 ; 96,000/120,000

Domestic = 24,000/120,000 × 148,000 = $29,600

International = 96,000/120,000 × 148,000 = $118,400

Total Cost after allocation:

Domestic = 955,000 + 162,000 + 29,600 = $1,146,600

International = 3,640,000 + 97,200 + 118,400 = $3,855,600

c. Allocation of the cost of the service departments to the operating departments using the reciprocal method:

From our calculation in b), Administration cost ratio for domestic = 45/100

Therefore, reciprocal = 100/45 × 360,000 = $800,000

Also, Administration cost ratio for International = 27/100

Therefore, reciprocal = 100/27 ×360,000 = $1,333,333

From our calculation in b), Accounting cost ratio for domestic = 24,000/120,000

Therefore, reciprocal = 120,000/24,000 × 148,000 = $740,000

Also, Accounting cost ratio for International = 96,000/120,000

Therefore, reciprocal = 120,000/96,000 × 148,000 = 185,000

Total cost after allocation:

Domestic = 955,000 + 800,000 + 740,000 = $2,495,000

International = 3,640,000 + 1,333,333 + 185,000 = 5,158,333

8 0

3 years ago