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3 years ago

A managed mutual fund:

Business

1 answer:

Ilia_Sergeevich [38]3 years ago

7 0

Answer:

b) Has a higher expense ratio than an index fund

Explanation:

A mutual fund is a diversified investment tool. The fund is a collection of different types of stocks that form a single investment asset. It is a basket of stock trading as a single asset. Purchasing one unit of a mutual fund is equivalent to purchasing several portions of each stock that make up the mutual fund.

A professional manager manages the mutual fund. He or she carefully selects the stocks that go into the basket forming the mutual fund. The manager charges a professional fee, which is usually a percentage of the investment. Due to this fee, a mutual fund is relatively expensive as compared to an index fund that does not require the input of a manager.

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The Rowe Corporation uses a standard cost system. The company applies manufacturing overhead to units of product based on machin

Viefleur [7K]

Answer:

Allocated overhead= $216,000

Explanation:

Giving the following information:

Estimated overhead= $225,000

Estimated machine-hours= 25,000

At standard, each unit of finished product requires 3 machine-hours. Units of product completed 8,000 units

<u>To allocate overhead, we need to use the standard number of machine-hours that would take to produce 8,000 units.</u>

First, we need to determine the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 225,000/25,000= &9 per machine hour

Now, we can allocate overhead:

Allocated overhead= 9*(8,000*3)= $216,000

7 0

4 years ago

Latting Corporation has entered into a 7 year lease for a building it will use as a warehouse. The annual payment under the leas

ira [324]

Answer:

D) $26,688

Explanation:

The computation of the present value is shown below:

= Annual payment × PVIFA for 7 years at 6%

= $4,781 × 5.5824

= $26,688

Refer to the PVIFA table

Simply we multiply the annual payment with the PVIFA so that the accurate amount can come.

The present value is come after considering the discount rate for the given number of periods

3 0

4 years ago

In a free-enterprise system, producers decide

lorasvet [3.4K]

2 one I think idk correct me if wrong

5 0

3 years ago

Read 2 more answers

You are a supply chain manager at a UK firm. In 2010, a volcano broke out in Iceland, disrupting air travel across Europe. On th

grandymaker [24]

Answer:

Explanation below.

Explanation:

It should be understood that as a chain supply manager, your job is to continue to make supply available no matter what may.

At this instance, what happened that cut you off from your reliable Asian suppliers was not your fault at all, and the best thing is to start patronizing the local suppler until the predicament is resolved.

What is needed to be done, is to continually be in touch with the Asian suppliers, and keep assuring them of patronizing them again immediately the coast is clear.

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3 years ago

Jackson Manufacturing Company had a beginning inventory of $24,500. During the year, the company recorded inventory purchases of

vampirchik [111]

Answer:

ending finished inventory= $95,500

Explanation:

Giving the following information:

Beginning inventory= $24,500.

Purchases= $140,000

Cost of goods sold of $69,000

To calculate the ending inventory, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

69,000= 24,500 + 140,000 - ending finished inventory

ending finished inventory= 164,500 - 69,000

ending finished inventory= $95,500

8 0

3 years ago