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3 years ago

How does a pension fund act as an investor?

Business

2 answers:

saveliy_v [14]3 years ago

8 0

Answer:

b. The company invests the money collected from employers and/or employees.

Explanation:

Pension funds are funds in which people pay for a plan to have future retirement income. These funds use the money paid by employees and/or employers to invest in different types of assets. According to this, a pension fund act as an investor as the company invests the money collected from employers and/or employees.

Ronch [10]3 years ago

6 0

A pension fun act as an investor by (B) The company invests the money collected from employers and/or employees.

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To balance columns, a _____ is inserted at the end of the text on a page.

Radda [10]

Salutations!

To balance columns, a _____ is inserted at the end of the text on a page.

To balance columns, a continuous section break is inserted at the end of the text on a page.

Hope I helped!

3 0

3 years ago

Truman Co. sells a large number of common household items, while Stapleton sells a small number of expensive items. The two comp

slava [35]

Answer:

Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )

Explanation:

Truman sell a large number of common household items ( assuming 100 unit )

while Stapleton sells a small number of expensive items ( assuming 20 units )

lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit

with the above assumptions

Truman gross profit ratio = $5 * 100 units = $500

Stapleton gross profit ratio = $50 * 20 units = $1000

from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units

4 0

3 years ago

ACME labs bought a new inspection device for $182,730. The accounting department has estimated that the device will have an annu

enyata [817]

Answer:

salvage value is $16,368.34

Explanation:

given data

initial cost = $182,730

annualized capital cost = $42,442

service life = 7 year

interest rate = 15%

solution

we get here first present value that is

annual value = rate × $\frac{present\ value}{(1 - (1+ r)^{-t})}$ .................1

put here value and we get

42,442 = 15% × $\frac{present\ value}{(1 - (1+ 0.15)^{-7})}$

solve it we get

present value = $176,576.5343

present value = initial investment + salvage value ..............2

we take here present value and initial investment will be negative

-176,576.5343 = -182,730 + salvage value(p/f,15%,7)

-176,576.5343 +182,730 = salvage value(p/f,15%,7)

6,153.465 = salvage value × 0.3759

salvage value = 16,368.34

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2 years ago

Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1

topjm [15]

Answer:

Following are the journal entries for Setterstrom Company;

May 01

Debit: Petty cash = $100.00

Credit: Cash = $100.00

Jun 01

Debit: Delivery Expense = $31.25

Debit: Postage Expense = $39.00

Debit: Miscellaneous Expense = $25.00

Debit: Cash over/short (Balance amount) = $3.00

Credit: Petty Cash ($100 - $1.75) = $98.25

Jul 01

Debit: Delivery expense = $21.00

Debit: Entertainment expense = $51.00

Debit: Miscellaneous expense = $24.75

Credit: Petty Cash ($100 - $3.25) = $96.75

Jul 10

Debit: Petty cash = $30.00

Credit: Cash = $30.00

8 0

3 years ago

Concept maps work because they _______. a. are colorful and interesting b. can be drawn by almost anyone c. visually demonstrate

stich3 [128]

Answer:

concept maps work because they visually demonstrate relationships

8 0

2 years ago