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
puteri [66]
3 years ago
12

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.

You might be interested in
When you're attending a college fair, the best way to make use of your time is to
almond37 [142]
See which college interests you the most
7 0
4 years ago
Read 2 more answers
There are clear differences between branch plan and sequel plan decisions, but what causes one type to be chosen over another? P
fgiga [73]

Answer:

Find explanation below.

Explanation:

A branch plan is the contingency plan. It is chosen when planning for future possible occurrences. A Sequel plan on the other hand is made based on the outcome of the main plan. Therefore, a Sequel plan is made depending on whether the main plan was successful or unsuccessful.

Examples of Branch plan decisions:

  • A plan to dispatch military forces to aid a fight in another country.
  • Reassigning military personnel to another location.

Examples of Sequel plan decisions:

  • A plan to begin administering relief operations.
  • A plan to return to normal mode of operation, perhaps after a successful war.
8 0
3 years ago
Richard, age 50, is employed as an actuary. For calendar year 2019, he had AGI of $130,000 and paid the following medical expens
Black_prince [1.1K]

Answer:

c. $10,340

Explanation:

For year 2018, the deduction for medical expense is amount of qualified medical expense that exceeds 7.5% of AGI.

Expenditure Richard can deduct as medical expense = $5300 + $7900 + $5100 + $830 + $960 - 7.5% * $130000

= $10,340

As such option c is correct and other options a, b, d and e are incorrect.

5 0
3 years ago
You are currently deciding whether to invest in data loss prevention software. You have some reliable statistics that the softwa
Zinaida [17]

Answer:no

Explanation:

5 0
3 years ago
Which of these effects of expansionary spending would a government most want to avoid?
lina2011 [118]

Answer: B.) Higher inflation on Ed2020

Explanation:

higher inflation growth in production growth in consumer spending.

5 0
3 years ago
Other questions:
  • What is importing?<br> HELP FAST PLS THX
    11·2 answers
  • Accrued revenues:
    10·1 answer
  • Your boss gives you an increase in the number of dollars you earn per hour. this increase in pay makes
    11·1 answer
  • A university begins Year 1 with 80 faculty. They hire 4 faculty each year. During each year 10% (rounded to the nearest integer)
    12·1 answer
  • At the beginning of the year, Camille purchased 300 shares of stock at $25.50 per share, then sold them at the end of the year f
    11·1 answer
  • ____________ looks at the behavior of individual people and organizations in specific markets.
    15·1 answer
  • A plant asset was purchased on January 1 for $140000 with an estimated salvage value of $20000 at the end of its useful life. Th
    5·1 answer
  • What's the appropriate response to receiving a talk about breaking a rule?
    14·1 answer
  • You are an experienced manager, and you fortunately have the ability to use all four managerial styles: directing, coaching, sup
    10·1 answer
  • Short-term fluctuations experienced in the economy due to changes in levels of economic activity describe the?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!