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3 years ago

When you purchase a mutual fund, you

Business

1 answer:

Orlov [11]3 years ago

6 0

When you purchase a mutual fund you:

(B)

invest in a group of stocks and bonds that an expert selects

Explanation:

Investing in mutual fund is basically about investing money with an investor who will then put the money into the market such that there is less chance of loss to either parties and there is a sustained growth over a long period of time.

This is a more safe strategy for those who do not understand the market or are afraid of stocks that can be volatile.

Here the chances of loss are low because the investment is in a fund that will grow

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A firm with a net income of $30,000 and weighted average actual shares outstanding of 15,000 for the year also had the following

scZoUnD [109]

Answer:

A. $1.70

Explanation:

Available Information:

Actual average number of shares outstanding = 15,000 shares

Total common shares issued on conversion = 2,900 share

First Calculate Weighted average number of shares outstanding using following formula:

Weighted average number of shares outstanding = Actual average number of shares outstanding + Total common shares issued on conversion

Weighted average number of shares outstanding = 15,000 + 2,900

Weighted average number of shares outstanding = 17,900 shares

Now Put all the value in the following formula of Diluted EPS:

Diluted EPS = Net Income - Preferred dividend / Weighted average number of shares outstanding

Diluted EPS = ( $30,000 - $4,500 ) / 15000 shares

Diluted EPS = $25,500 / 15000 shares

Diluted EPS = $1.70 / Share

3 0

4 years ago

Helen and her friends want to start a new software firm. Its business plan has been finalized. Helen is in charge of the human r

sveticcg [70]

Answer:

a. Job analysis

Explanation:

Job analysis in human resources(HR) entails identifying the responsibilities , duties and functions associated with a given job role. Certain criteria such as relevant qualifications needed to perform better on the job and conditions under which the work will be performed are also part of Job analysis.

In job analysis, what is quite important is that it is the job that is assessed and not the person filling the job role whilst job analysis data may be retrieved by human resources(HR) from the person currently on the job role . Examples of areas where job analysis may be applied in an organization are in risk management, career and succession plan, recruitment and selection etc.

5 0

3 years ago

You are holding a stock that has a beta of 1.39 and is currently in equilibrium. The required return on the stock is 20.47%, and

r-ruslan [8.4K]

Answer: 26.73%

Explanation:

You can calculate the expected return using the Capital Asset Pricing Model (CAPM).

Formula is:

Expected return = Risk free rate + beta * (Market return - risk free rate)

Use the previous figures to solve for the risk free rate:

20.47% = Rf + 1.39 * (16.50% - Rf)

20.47% = Rf + 22.935% - 1.39R

20.47% - 22.935% = Rf - 1.39Rf

-2.465% = -0.39Rf

Rf = -2.465% / -0.39

= 6.32%

New expected return is:

= 6.32% + 1.39 * (21% - 6.32%)

= 26.73%

7 0

3 years ago

A business that repairs major appliances charges a flat fee and hourly amount plus the cost of any needed parts. they know that

nikdorinn [45]

Error in true mean = +/-Z* $\frac{s}{ \sqrt{n} }$

Where; Z=2.58 at 99% confidence interval, s= sd = 0.25 hours, n=sample population = 60 refrigerators

Therefore;

Margin of error = +/-2.58* $\frac{0.25}{ \sqrt{60} }$ = 0.0832 hours

5 0

4 years ago

If Roten Rooters, Inc., has an equity multiplier of 1.29, total asset turnover of 1.33, and a profit margin of 10.50 percent. Wh

Olegator [25]

Answer:

18.01

Explanation:

The computation of return on equity is shown below:-

Return on equity = Profit margin × Asset turnover × Equity multiplier

= 10.50 × 1.33 × 1.29

= 0.105 × 1.33 × 1.29

= 0.1801485

= 18.01

Therefore for computing the return on equity we simply applied the above formula i.e by multiplying the profit margin with the asset turnover and the equity multiplier

7 0

3 years ago