Complete question:
A. The portion of the funding that should be allocated to tax-free investments
B. The portion of the funding that should be maintained in readily accessible funds such as money market instruments
C. The customer's preference for investing via passively managed index mutual funds or via actively managed mutual funds
D. The investment philosophy and strategies employed by the fund manager of the chosen mutual fund
Answer:
The best answer is D
" The investment philosophy and strategies employed by the fund manager of the chosen mutual fund "
Explanation:
Since this person is rich and potentially in a high taxation role, the allocation of part of the assets in tax free municipal investments should be taken into consideration.
An emergency fund should always be maintained, so consideration should be given to the amount of funding allocated to money market fund investments. It should also be considered whether the customer believes in the management of passive assets or active assets.
Passive asset managers believe in the use of low-cost index funds -with the idea that nobody can do better than the market over time. Active asset managers believe that the correct "picking" of stocks enables a manager to surpass the market. The actual trading strategies employed by an active manager to achieve his results are not relevant to the portfolio construction.
Answer:
Total Manufacturing Cost = $9,347
Explanation:
Total cost for the job 450 is as follows:
Direct material = $2,057
Direct labor = $888 (Note - 1)
Overhead cost = $6,402 (Note - 2)
Total Manufacturing Cost = $9,347
<em>Note - 1: </em>Direct labor = Direct labor-hours × Direct labor wage rate
Given,
Direct labor-hours = 37 hours
Direct labor wage rate = $24 per labor-hour
Direct labor = 37 hours × $24 per labor-hour
Direct labor = $888
<em>Note - 2: </em>Overhead cost = Machine-hours × predetermined overhead rate
Given,
Machine-hours = 194 hours
predetermined overhead rate = $33
Overhead cost = 194 hours × $33 = $6,402
Answer:
<em>Stereotyping</em>
Explanation:
Stereotyping means making an assumption, which might not be true about an individual or a group of people by another person or group. Stereotyping occurs when the individual fails to do in-depth research about the person he/she is making assumptions about. Stereotyping can be neutral positive or negative.
<em>Laurel is just making assumptions about her male employees been more creative than their female counterpart creativity. Laurel doesn't have fact to back this up, therefore laurel is stereotyping female employees in her organization.</em>
Answer:
The growth of the real GDP per capita was 7.18%
Explanation:
It is important to establish that:
Future Value = Present Value × ((1 + r)^t), given that <em>r</em> is the <em>interest rate</em> and <em>t</em> is the <em>time period</em>
Real GDP per worker increased from $40,000 to $320,000 in 30 years
Therefore, we have;
320000 = 40000*(1+r)^30
(1 + r)^30 = 8
1 + r = 8^1/30
1 + r = 1.0718
r = 0.0718 = 7.18%
Answer:
$3,800
Explanation:
The computation of the after-tax benefit is shown below:
= Annual dinner club membership cost - annual dinner club membership cost × her marginal tax rate
= $5,000 - $5,000 × 24%
= $5,000 - $1,200
= $3,800
We simply deduct her tax expense from the annual dinner club membership cost so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
