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3 years ago

Empirical studies of returns earned by mutual funds suggest they consistently outperform the market.True or False?

Business

1 answer:

VMariaS [17]3 years ago

7 0

Answer:

False

Explanation:

Studies of mutual fund performance indicate that mutual funds that outperformed the market in one time period usually do not beat the market in the next time period.

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Ahnberg Corporation had 580,000 shares of common stock issued and outstanding at January 1. No common shares were issued during

Alexandra [31]

Answer:

basic earnings per share = $1.90

diluted earnings per share = $1.25

Explanation:

<em>Basic Earnings per share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding.</em>

where,

Earnings attributable to holders of Common Stock = $1,222,000 - $120,000 = $1,102,000

and

Weighted Average Number of Common Stocks Outstanding = 580,000 shares

therefore,

Basic Earnings per share = $1.90

<em>Diluted Earnings per share = Adjusted Earnings attributable to holders of Common Stock ÷ Adjusted Weighted Average Number of Common Stocks Outstanding</em>.

where,

Adjusted Earnings attributable to holders of Common Stock = $1,222,000

and

Weighted Average Number of Common Stocks Outstanding = 580,000 + 400,000 = 980,000 shares

therefore,

Diluted Earnings per share = $1.25

7 0

3 years ago

Chris pays $10,000 for a newly issued two-year government bond with a $10,000 face value and a 6 percent coupon rate. One year l

maksim [4K]

Answer:

D. less than $10,000.

Explanation:

As for the provided information we have,

Bond face value = $10,000

Coupon rate = 6%

Maturity value = $10,000

Rate of interest = 7%

Number of period = 1

Bond value = $C \times (\frac{(1- \frac{1}{(1 + 0.07)^1})}{0.07} ) + \frac{10,000}{(1 + 0.07)^1}$

Where, C = $10,000 $\times$ 0.06 = $600

Now putting values we have,

Bond value = $600 \times (\frac{(1- \frac{1}{(1 + 0.07)^1})}{0.07} ) + \frac{10,000}{(1 + 0.07)^1} = 9,906.67$

Since the value is less than $10,000

Correct option is :

D. less than $10,000.

7 0

3 years ago

Which of the following will be classified as a fixed asset in a movie theater? a.Trademark b.Land for sale c.The latest movie d.

Usimov [2.4K]

Answer:

Kindly note that the question is asking about the fixed assets "in a" movie theater. Clearly from the question, the latest movie is not a fixed asset of movie because it is patented by the movie maker and the Trademark is a fixed asset but it is not placed in the movie theater. The Trademark is an intangible asset which don't have any physical existence in the movie theater. An intangible assets are the assets of an organization which can not be touched or have any physical existence.

The remainder two left are Land for sale does not relate to the movie theater. The only fixed asset that is in the movie theater is a Popcorn Machine.

So the correct answer is option D

3 0

3 years ago

With a partial trade agreement

Nata [24]

Answer:

B) two or more countries agree to liberalize trade in a selected group of categories

Explanation:

A partial trade agreement occurs when trade liberalisation occurs in respect of some of the restrictions placed on some commodities or categories.

Trade liberalisation occurs when countries that are trading with one another decide to reduce or remove restrictions that will affect free exchange between the nation.

Such restrictions include tariff, licencing and quotas.

8 0

3 years ago

Singh, a consumer, leases sheet music from Tunes Inc. for a public performance. United Music Corporation, which holds a copyrigh

Snezhnost [94]

Answer:

a. loses any remedy against the lessor for liability established in the suit.

Explanation:

This is because it was lessee's responsibility to inform the lessor in time.

A lessee is in contract with the lessor and is responsible for all the actions taken on behalf of the lessor with the lessor's permission.

If the lessee fails to inform the lessor in time or do any action without his permission then the lessor can sue the lessee or take any other legal action as may be required by the law against the lessee.

In breach of contract the lessee has to face the consequences and pay penalty.

Choice a is the best option.

The lessee can never sue the lessor for his illegal actions.

So option d is incorrect.

b) Delaying the litigation would do no good. It would add to his failures.

Choice c is also incorrect.

8 0

3 years ago