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
soldi70 [24.7K]
3 years ago
12

As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c

hose the Franklin Utilities Fund. If he invests $35,000 and the fund charges a load of 4.5 percent when shares are purchased, what is the amount of commission (load) Bart must pay
Business
1 answer:
Lunna [17]3 years ago
3 0

Answer:

$1,487.5 is the amount of commission (load) Bart must pay

Explanation:

Commision to be paid :

which is equal to

=$35000*4.25%

which is equal to

=$1487.5.

You might be interested in
"An investor has sold short stock worth $80,000 in a margin account, depositing the Regulation T margin requirement. If the mark
Bumek [7]

Answer:

$15000.

Explanation:

The worth of stock that the investor sold = $80000

The fall in the market value of the stock = $65000

Since the value of the stock falls to $65000. thus, the SMA in the account can be calculated by eliminating the decreased amount from the stock value. Therefore, the SMA in the account will be 80000-65000 = $15000

3 0
3 years ago
Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $10,000. If the issuing corporation red
zheka24 [161]

Answer:

Bonds Payable         $1000000 Dr

     Gain on redemption                   $15000 Cr

     Discount on bonds Payable      $10000 Cr

     Cash                                            $975000 Cr

Explanation:

The face value of bonds payable is $1000000 while they are a discount bond and carry a discount of $10000. The value of bonds is 1000000 - 10000 = 990000.

The bonds, however, are redeemed at 97.5 which means they are redeemed by paying 97.5% of face value which comes out to be 975000.

Thus, the difference between their value and the redemption price is the gain as value is greater than the price paid for them at redemption.

Gain = 990000 - 975000 = $15000

5 0
3 years ago
Read 2 more answers
The ratio of the percentage change in the quantity supplied of a good/service/e-good/e-service to a given percentage change in i
KiRa [710]

The answer is true. The percentage change in quantity supplied as a result of a specific percentage change in the commodity's own price is known as price elasticity of supply.

It is determined by dividing the percentage change in the quantity delivered by the percentage change in the commodity's price. These factors impact the price elasticity of supply: Number of producers: simplicity of entrance. Spare capacity: If there is a change in demand, it is simple to expand production. Switching is simple when production of the good may be changed, making the supply more elastic. The availability of non-essential items like soft drinks.

To learn more about supply, click here.

brainly.com/question/13296654

#SPJ4

4 0
1 year ago
Imagine that the economy is in long-run equilibrium. Then, perhaps because of improved international relations and increased con
borishaifa [10]

Answer:

b. aggregate demand shifts right

Explanation:

When the aggregate demand curve shifts right, the quantity of output demanded for a given price level rises. Therefore, a shift of the aggregate demand curve to the right represents an economic expansion.

3 0
3 years ago
Sweet Dreams sells 15,000 pillows per year for $25 per unit. Variable cost per unit is $14. Sweet Dreams wants to improve custom
Radda [10]

Answer:  The answer is $27.25

Explanation:

Let x be the price Sweet dreams will charge to earn the profit of $75,000

New sales units = 20,000

New variable cost = $19

We know, Sales - Variable cost - Fixed cost = Profit

Now applying the equation,

 20,000x - (20,000*19) - 90,000 = $75000

 20,000x = $75,000 + 380,000 + 90,000

therefore, x = $27.25

So, Sweet Dreams will charge $27.25 to earn the same profit it is earning now i.e. $75000 per year.

4 0
3 years ago
Other questions:
  • ________ synergies are represented by multiple filled boxed running vertically down the market-product grid, representing an opp
    6·1 answer
  • Regarding the tax treatment of payments to securities holders, it is true that _______________, while ____________________.
    8·1 answer
  • A sample of 51 elements is selected to estimate a 95% confidence interval for the variance of the population. The chi-square val
    5·1 answer
  • Last week at a​ festival, a man sold 5 times as many​ tie-dyed T-shirts as​ silk-screened shirts. He sold 234 shirts altogether.
    10·1 answer
  • Kertis, Inc. reported Net fixed assets as follows on its Balance sheets for December 31, 2011 and December 31, 2012: 2011 2012 N
    9·1 answer
  • What are the similarities between the roles of the Federal Reserve and the FDIC?
    11·1 answer
  • On May 10, 2020, Marin Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay the f
    11·1 answer
  • Whats some work values for being a nail tech
    13·1 answer
  • 1.1.<br>State 8 business functions and explain their roles​
    10·1 answer
  • Nighthawk theaters has 15,000 shares of stock outstanding and projected annual free cash flows of $48,200, $57,900, $71,300, and
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!