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
dybincka [34]
3 years ago
10

If you had $1,000 to invest into the following funds, which one would have the highest value (not including any fees) at the end

of the second year?
The Brown, Purple and Yellow funds all performed the same, so it is a three-way tie for highest value at the end of 2 years.

Purple Fund with Year 1 return of +10% and Year 2 return of -10%

Brown Fund with Year 1 return of 0% & Year 2 return of 0%

Yellow Fund with Year 1 return of +30% and a year 2 return of -30%
Business
2 answers:
Reil [10]3 years ago
7 0
.............................................................Budget Challenge?

BARSIC [14]3 years ago
4 0

ANSWER: Brown Fund with Year 1 return of 0% & Year 2 return of 0%.

EXPLANATION: The three funds performed the same in this particular case. The Purple Fund had a return of +10% in the 1st Year and -10% in the 2nd Year. The invested amount stands at $1100 at the end of the 1st year. At the end of 2nd year, it returned a negative 10% incurring a loss. The invested fund goes down by 10% of $1100 and stands at $990

The Brown Fund showed a return of 0% for both the years which indicates that the fund $1000 stood same even at the end of the 2nd year.

The Yellow Fund gave a handsome return of 30% of the invested fund of $1000 making it $1300 by the end of the 1st year. Whereas, by the end of the 2nd year, it went down by 30% of the amount and dipped down to $910.

You might be interested in
When shopping for clothes and shoes, keep in mind the logo, team name, style or celebrity endorser question 1 options:
lawyer [7]
B. False. More real-world, relevant and important ideas to keep in mind when shopping for shoes and clothes are the associated quality of the manufacturer, which could be a brand name. Also, of utmost importance is the overall quality of the product with relation to its cost. The size of the item is also important. Do not buy an overpriced item, that does not fit properly and is made of cheap materials that quickly break.
3 0
3 years ago
Ethnocentric managers believe that their native country, culture, language, and behavior need to be changed. are equal to all ot
Levart [38]

Answer:

are superior to other cultures.

Explanation:

  • Ethnocentrism is the belief that indigenous culture, customs, and way of life are more important than other cultures. Ethnographers believe that their own culture, country, language and all other characteristics are superior to other cultures.
  • so correct answer are superior to other cultures.
3 0
2 years ago
Data pertaining to a company's joint production for the current period follows
Ainat [17]

Answer:

a. $295.81

Explanation:

Total market value = (310 * 10.2) + (260 * 20.4)

Total market value = 3,162 + 5,304

Total market value = 8466

Joint cost allocated to L on basis of value

= [ (310 * 10.2) / 8,466] * 792

= (3,162 / 8,466) * 792

= $295.81

4 0
3 years ago
Recording Transactions Using Journal Entries and T-Accounts Receive $40,000 cash in exchange for common stock. Purchase $4,000 o
Paladinen [302]

Answer:

a. See the explanation below for the journal entries.

b. each of the following accounts have an ending balance (in red color) after the recording as follows:

Cash, $27,000;

Common stock, $40,000;

Accounts payable, $4,000;

Accounts receivable, $3,000;

Equipment, $10,000.

However, each of the other accounts will have a zero ending balance.

Explanation:

a. Recording Transactions Using Journal Entries

The journal entries will look as follows:

<u>Accounts Name                               Dr ($)                 Cr ($)    </u>

Cash                                               40,000

Common stock                                                         40,000

<em><u>(To record cash receipts for common stock.)                          </u></em>

Inventory                                           4,000

Accounts payable                                                      4,000

<em><u>(To record inventory purchase.)                                               </u></em>

Account receivable                          6,000

Sales                                                                           6,000

<em><u>(To record credit sales.)                                                            </u></em>

Cost of sales                                     4,000

Inventory                                                                     4,000

<em><u>(To record cost of sales.)                                                             </u></em>

Cash                                                  3,000

Account receivable                                                    3,000

<u><em>(To cash collected from credit sales.)                                        </em></u>

Equipment                                       10,000

Note payable                                                            10,000

<em><u>(To record purchase of equipment by issuing note.)                </u></em>

Wages                                               2,000

Cash                                                                            2,000

<em><u>(To record wages paid in cash.)                                                 </u></em>

Note payable                                   10,000

Cash                                                                            10,000

<em><u>(To record note due paid.)                                                           </u></em>

Dividend                                            4,000

Cash                                                                             4,000

<em><u>(To record cash dividend paid.)                                                   </u></em>

b. Recording Transactions Using T-Accounts

Note: See the attached excel file for the  T-Accounts.

From the attached excel file, each of the following accounts have an ending balance (in red color) after the recording as follows:

Cash, $27,000;

Common stock, $40,000;

Accounts payable, $4,000;

Accounts receivable, $3,000;

Equipment, $10,000.

However, each of the other accounts will have a no or zero ending balance.

Download xlsx
8 0
2 years ago
appraisal report must include a disclosure of the scope of the work that: the client requested at the time of the assignment. th
vredina [299]

Answer:

The correct answer is the appraiser performed in the assignment.

Explanation:

In order to appraise, or evaluate someone's work, the report must include all details of the work performed. Otherwise, how else would that finished job be evaluated? It's important to describe the work done in order to determine how well or how badly the appraiser performed in the assignment, according to the appraisal report.

6 0
3 years ago
Other questions:
  • What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from
    15·1 answer
  • A commercial bank will loan you $20,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments. The a
    14·1 answer
  • When retailers accumulate merchandise from producers in large amounts and sell to consumers in smaller amounts it is considered
    9·1 answer
  • Suppose Apple builds a plant in Taiwan and agrees to take 30% of the plant's output as
    15·1 answer
  • Copy equipment was acquired at the beginning of the year at a cost of $25,500 that has an estimated residual value of $2,300 and
    14·1 answer
  • You have a two-stock portfolio. One stock has an expected return of 12% and a standard deviation of 24%. The other has an expect
    8·1 answer
  • Gross private domestic investment includes business: a. purchases of capital goods, all new construction, and inventory investme
    15·1 answer
  • 30 pts!! Easy please help!! I’ll mark brainliest!!!!
    12·1 answer
  • The great thing about IRAs is that you can withdraw money anytime you want, with no financial penalty. True False
    8·1 answer
  • Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!