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scoundrel [369]
2 years ago
9

Corporate Fund started the year with a net asset value of $14.00. By year-end, its NAV equaled $13.20. The fund paid year-end di

stributions of income and capital gains of $2.20. What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.)
Business
1 answer:
skelet666 [1.2K]2 years ago
8 0

Answer:

What was the rate of return to an investor in the fund?

10%

Explanation:

To calculate the Rate of Return it's necessary to find the variation of the Net Assets Value during the year plus the distributions of income, the result of this it's divided by the Start of Year Net Asset Value.

Rate of Return  = (Var NAV + Distributions) / Start of Year NAV

Rate of Return  =

($13,2 - $14,0) = -$0,80

+ Distributions = $2,2 /

Start of Year NAV = $14,0

Rate of Return  =  (-$0,80 + $ 2,2 ) / $14,0 = 10%

 

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Examining relationships among data in the company's financial statements can provide knowledge that can not be gained from just
Yuki888 [10]

Options: True or False

Answer: True

Explanation: Financial statements is a written record of the inflow and outflow of funds in an organisation, it gives a description and clearer picture or view of how the financial activities taking place in the Organisation has been managed,it helps the decision makers to see the true picture and state of affairs of the Organisation.

EXAMINING FINANCIAL STATEMENTS HELPS TO REVEAL MORE DETAILED INFORMATION THAT CAN NOT BE OBTAINED BY JUST LOOKING AT INDIVIDUAL ITEMS IN A STATEMENT.

8 0
3 years ago
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3 years ago
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20. WACC and NPV [LO3, 5] Sommer, Inc., is considering a project that will result
g100num [7]
Mark Brainliest please

Sommer Inc is considering the new project, and yet we have to calculate under what circumstances the company have to take on the project. In order to assess the project, we need to compute the break-even cost such as the present value of future cash flows and calculate the WACC weighted cost of capital. It measures the weighted cost of equity and the after tax cost of debt. The following information are given: Debt to equity ratio = 0.90 Cost of equity = 13% After-tax cost of debt = 4.8% After-tax cost of savings = $2.7 million Debt to equity ratio = Debt / Equity = 0.90 Therefore, Value of firm = value of debt + value of equity Value of firm = 0.90E + E Value of firm

See the calculation of WACC as attachment
8 0
2 years ago
Fiona, a regional sales manager, works from her office in State U. Her region includes several states, as indicated in the sales
son4ous [18]

Answer:

Payroll factor State U:

  • commissions $50,000
  • fringe benefit package $15,000

Explanation:

State           Sales Generated Fiona’s         Time Spent There

U                        $3,000,000                             20%

V                        $4,000,000                             50%

X                        $8,000,000                             30%

Sales percentage generated in state U = $3,000,000 / $15,000,000 = 20%

so 20% of the $250,000 commissions should be assigned to state U = $50,000

Time spent in state U = 20% x $75,000 fringe benefits = $15,000 assigned to state U

8 0
3 years ago
A hamburger factory produces 40,000 hamburgers each week. The equipment used costs $5,000 andwill remain productive for 4 years.
bezimeni [28]

Answer:

This question is incomplete. However, I found the prompt to be as follows;

"What is the productivity measure of “units of output per dollar of input” averaged over the four-year period? "

Explanation:

To solve this question, find productivity;

Productivity in this case is total hamburgers produced divided by the total labor cost plus total equipment cost.

Productivity = # of hamburgers *52 weeks * 4 years / (total labor cost + equipment cost)

Productivity= 40,000(52)(4)/ {9,500(4) + 5000}

= 193.5 hamburgers/dollar of input

Therefore, the factory would produce about 194 burgers per dollar of input.

5 0
3 years ago
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