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poizon [28]
3 years ago
10

Corporate Fund started the year with a net asset value of $12.90. By year-end, its NAV equaled $12.30. The fund paid year-end di

stributions of income and capital gains of $1.40. What was the rate of return to an investor in the fund
Business
1 answer:
maxonik [38]3 years ago
4 0

Answer:

6.201%

Explanation:

Given that,

Net asset value = $12.90

By year-end net asset value = $12.30

Fund paid year-end distributions of income and capital gains = $1.40

change in NAV:

= By year-end net asset value - Net asset value

=  $12.30 - $12.90

= -$0.6

Rate of Return:

= (change in net asset value + Distributions) ÷ Start of Year net asset value

= ( -$0.6 + $1.40) ÷ $12.90

= 0.8 ÷  $12.90

= 0.06201 or 6.201%

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Dean Brothers Inc. recently reported net income of $1,500,000. The company has 300,000 shares of common stock. The stock current
vladimir1956 [14]

Answer:

$75

Explanation:

The formula to compute the price -earning ratio is shown below:

Price earning ratio = Market price ÷ Earning per share

where,

Market price is $60

And the earning per share is

= ($1,500,000 ÷ 300,000 shares)

So, price earning ratio is 12

Now the company stock price is

$12 = Stock price ÷ (2,500,000 ÷ 400,000)

So, Stock price is $75

7 0
3 years ago
I NEED HELP ASAP!!! A country recently had $800 billion worth of domestic investment and its residents purchased $400 billion wo
Mama L [17]

Answer: $500 billion

Explanation:

The country's savings will be explained below:

Savings = Domestic Investment + Net Capital Outflow

where, the net capital outflow will be:

= exports - imports

= $100 billion - $400 billion

= $-300 billion

Therefore, the country's savings will be:

= Domestic Investment + Net capital Outflow

= 800 + (-300)

= 800 - 300

= $500 billion

7 0
3 years ago
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external
PIT_PIT [208]

Answer:

Yes, I agree

Explanation:

As managers in an organization, proper attention must be paid to the forces in the external environment because these forces are dynamic and business cannot exist without them hence must align with these changes inorder to be successful.

Some of theses forces have direct impact with an organization such as customer's reaction to a company's product, how well the company stays ahead of it's competitors , suppliers and creditors. External forces in the environment that have indirect impact to a company are compliance with local laws, socio cultural forces, religion etc.

Practical examples

• Customer's reaction to a product speaks to what measures are taken by a company to improving the quality of products produced and sold. Favourable reaction would make the company succeed while unfavourable reaction could mar the company's performance.

• Level of compliance with local laws is also an important force in the external environment that must be adhered to. If a company must succeed, it must comply with local laws and order, failure to do so could result to fine or expulsion from the community.

5 0
3 years ago
According to GAAP, the amount of bad debt expense can be estimated by: A. Only the percent of sales method. B. Only the percent
yarga [219]

Answer:

E. Bad debt expense can be estimated by the percent of sales method, the percent of accounts receivable method, or by the aging of accounts receivable method.

Explanation:

The bad debt is an expense that is to be shown on the debit side of the income statement. It refers to the amount which is not collectible by the company due to partie bankruptcy

It can be estimated by the following methods using the Generally accepeted accounting principles (GAAP)

1. percent of accounts receivable method,

2. percent of sales method

3. the aging of accounts receivable method

Hence, the correct option is E.

7 0
3 years ago
A factor that accounts for the increased workforce diversity in organizations is: a. legal actions that have forced organization
rewona [7]

Answer:

The correct answer is d) changing demographics in the labor force.

Explanation:

Demographic changes in the workforce are essential in companies since labor diversity helps to increase work experiences. Through diversity, you can find a variety of ideas and criteria, this due to the difference in cultures that will enrich the scope of the company.

Migration is one of the biggest reasons why companies can see a diverse workforce, so companies must take measures to promote tolerance and harmony in the work area since not everyone feels comfortable with differences.

<em>I hope this information can help you.</em>

4 0
3 years ago
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