Answer:
The correct answer is letter "B": Mutual funds are actively managed by a professional while index funds are not.
Explanation:
Both mutual funds and index funds are pools of assets that allow investors to diversify their portfolios. The difference between them relies on the quality of management those funds provide. <em>Mutual funds are assessed by qualified professionals while index funds are not. That is the main reason why mutual funds charge higher fees than index funds.</em>
1. The curved line represents the distribution of cumulative % of income among individuals arrayed by fifths or quintiles.
2. According to the table the highest fifth of the population receives 50.1% of the income.
3. The lowest fifth receives 3.5% of the income.
4. The straight line represents the ideal or equal distribution of income among individuals. The further away the curved line is from the straight line, the more unequal the distribution of income in the population under study is.
Everything that consumers evaluate when deciding whether to buy a good or service is called the total product offer. Before making a decision to buy a product, a consumer will evaluate everything about the product from a need to a want, price, design, benefits you know it. When they have finished evaluating it, they make a decision whether or not they want to purchase the product or service.
Answer:
Ms. Jorgen will report only the Taxable gain and losses from the purchase and will not report the commission paid for by OP Inc
Explanation:
Gross Income Definition is total amount( the amount is $14500), in cash(the $14500 is cash) or otherwise ( asset value), Accrued to, received by or in favor of ( the amount of $14500 is in paid in favor of her) and must not be of a capital nature ( the commission is of a capital nature. Therefore it will not be reported as income.
Answer:
Explanation:
1)
Dr Cash $30,000
Cr Common Stock $30,000
2) No Entry
3)
Dr Office Furniture $3,800
Cr Accounts Payable $3,800
6)
Dr Accounts receivables $10,800
Cr Service Revenue (Commission) $10,800
10)
Dr Cash $140
Cr Service Revenue (Commission) $140
27)
Dr Accounts Payable $700
Cr Cash $700
30)
Dr Salary Expense $3,000
Cr Cash $3,000
