Answer:
Nico invest $2500 at 9% interest rate and $800 at 4% interest rate.
Explanation:
He invests some money at 9%, and $1700 less than that amount at 4 %.
Let Nico invest $x at 9%.
It means he invest $( x-1700) at 4%.
The investments produced a total of $257 interest in 1 yr.
Add 68 on both sides.
Divide both sides by 0.13.
Nico invest $2500 at 9% interest rate.
Nico invest $800 at 4% interest rate.
Therefore Nico invest $2500 at 9% interest rate and $800 at 4% interest rate.
Answer:
Net income = $3,560
Explanation:
Romney's Marketing Company
Multi-step income statement
For the Year ended December 31 20YY
Sales revenues 37,250
Less: Cost of goods sold = 0
Gross profit = 37,250
Less: Operating expense:
Wages expense = $19,000
Depreciation expense = $1,750
Utilities expense = $320
Insurance expense = $780
Rent expense = $9,800
Total operating expense = ($31,650)
Add: operating income:
Rent revenue = $560
Total operating income = $6,160
Other operating income
Interest revenue = 160
Net income before taxes = $6,320
Income tax expense = $2,760
Net income = $3,560
Answer:
The correct answer would be option B, Judge's own personal feelings about the internet.
Explanation:
When a case comes to a court, it is the responsibility of a judge to see every aspect of the case and analyze it on the basis of given evidence or set rules or standards, or in the light of decisions made on the same case by other courts. But in this question, it is said that the case which was brought to the court was the first in its kind, it means no such type of case has been ever submitted in any court before. The freedom of speech on internet is a sensitive issue. So all aspects should be kept in mind while proceeding the case, and it would not be considered proper for the judge to bring his person feelings about the internet into the case. His personal feelings should be set aside and the case should be solved on the basis of evidences and solid views.
Units are actively managed, as portfolio managers typically attempt to match the return of a stated index
<h3>What is portfolio manager ?</h3>
A portfolio manager (PM) is a qualified individual tasked with selecting investments and carrying out related tasks on behalf of invested people or organizations. Clients put their money into a retirement fund, endowment fund, or education fund as part of the PM's investing strategy in order to develop it in the future.
PMs are in charge of developing an investment strategy, choosing the right investments, and properly allocating each investment to an investment fund or asset management vehicle. They collaborate with a team of analysts and researchers to carry out these tasks.
An investment manager's objective is to generate a return that is higher than the return anticipated given the level of risk. Investors can keep track of this return through performance reports given by the PM on a weekly, monthly, quarterly, or annual basis. A performance benchmark or a comparison of the manager's investment approach to an index may be established.
To know more about retirement fund
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