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3 years ago

For a mutual fund, the typical yearly management fee ranges from 2.5 to 5 percent of total dollar amount invested.

Business

2 answers:

san4es73 [151]3 years ago

8 0

I think the answer is B) False

Minchanka [31]3 years ago

3 0

Yes, i agree with your answer it is False

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"Mrs. Smith operates a business in a competitive market. The current market price is $8.10. At her profit-maximizing level of pr

Molodets [167]

Answer:

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

Explanation:

According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,

price = $8.10

avg variable cost = $8.00

avg total cost = $8.25

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

6 0

3 years ago

Read 2 more answers

The Texas Constitution mandates that money spent on debt service cannot exceed more than what percentage of state revenue

liubo4ka [24]

Answer:

5 percent

Explanation:

The Texas Constitution mandates that money spent on debt service cannot exceed more than 5 percent. When the state of Texas was established, Texas had very little debt. So, as a result, the Constitution was created and it states that it can not exceed 5%. Therefore, the answer is 5 percent.

6 0

3 years ago

Building and integrating analytics capabilities into all everyday business activities is known as _____.

dsp73

<span>pervasive analytics This alludes to associations that have incorporated the larger part of their representatives in their business knowledge arrangement. This can take an assortment of structures, for example, incorporating center administration in the arrangement of sensible and valuable goals, or furnishing workers with access to execution dashboards.</span>

8 0

4 years ago

Assume you have noted the following prices for books and the number of pages that each book contains.Book Pages (x) Price (y)A 5

tigry1 [53]

$a) $y=0.00991 x+1.042$b) $r^2=0.7503^2=0.563$\\C) $r=\frac{7(30095)-(4210)(49)}{\sqrt{\left[7(2595100)-(4210)^2\right]\left[7(354)-(49)^2\right]}}=0.7503$$

x: 500, 700, 750, 590 , 540, 650, 480

y: 7.00, 7.50 , 9.00, 6.5, 7.50 , 7.0, 4.50

We want to create a linear model like this :

$y=m x+b$

Where

$m=\frac{S_{x y}}{S_{x x}}$

And:

$\begin{aligned}& S_{x y}=\sum_{i=1}^n x_i y_i-\frac{\left(\sum_{i=1}^n x_i\right)\left(\sum_{i=1}^n y_i\right)}{n} \\& S_{x x}=\sum_{i=1}^n x_i^2-\frac{\left(\sum_{i=1}^n x_i\right)^2}{n}\end{aligned}$

With these we can find the sums:

$\begin{aligned}& S_{x x}=\sum_{i=1}^n x_i^2-\frac{\left(\sum_{i=1}^n x_i\right)^2}{n}=2595100-\frac{4210^2}{7}=63085.714 \\& S_{x y}=\sum_{i=1}^n x_i y_i-\frac{\left(\sum_{i=1}^n x_i\right)\left(\sum_{i=1}^n y_i\right) n}{=} 30095-\frac{4210 * 49}{7}=625\end{aligned}$

And the slope would be:

$m=\frac{625}{63085.714}=0.00991$

Now we can find the means for x and y like this:

$\begin{aligned}& \bar{x}=\frac{\sum x_i}{n}=\frac{4210}{7}=601.429 \\& \bar{y}=\frac{\sum y_i}{n}=\frac{49}{7}=7\end{aligned}$

And we can find the intercept using this:

$b=\bar{y}-m \bar{x}=7-(0.00991 * 601.429)=1.042$

And the line would be:

$y=0.00991 x+1.042$

Part b

The correlation coefficient is given by:

$r=\frac{n\left(\sum x y\right)-\left(\sum x\right)\left(\sum y\right)}{\sqrt{\left[n \sum x^2-\left(\sum x\right)^2\right]\left[n \sum y^2-\left(\sum y\right)^2\right]}}$

For our case we have this:

$\begin{aligned}& \mathrm{n}=7 \sum x=4210, \sum y=49, \sum x y=30095, \sum x^2=2595100, \sum y^2=354 \\& r=\frac{7(30095)-(4210)(49)}{\sqrt{\left[7(2595100)-(4210)^2\right]\left[7(354)-(49)^2\right]}}=0.7503\end{aligned}$

The determination coefficient is given by:

$r^2=0.7503^2=0.563$

Part c

$r=\frac{7(30095)-(4210)(49)}{\sqrt{\left[7(2595100)-(4210)^2\right]\left[7(354)-(49)^2\right]}}=0.7503$

Learn more about regression line to visit this link

brainly.com/question/7656407

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4 0

1 year ago

Starr Company reports the following information for August. Raw materials purchased on account $ 76,200 Direct materials used in

il63 [147K]

Answer:

1. Raw materials purchased.

Raw Materials Account $ 76,200 (debit)

Account Payable $ 76,200 (credit)

2. Direct materials used in production.

Work In Progress Account $48,000 (debit)

Raw Materials Account $48,000 (credit)

3. Direct labor used in production.

Work In Progress Account $15,350 (debit)

Wages and Salaries $15,350 (credit)

4. Applied overhead.

Work In Progress Account $18,360 (debit)

Manufacturing Overhead Account $18,360 (credit)

Explanation:

1. Raw materials purchased.

Raw Materials Account $ 76,200 (debit)

Account Payable $ 76,200 (credit)

Recognise the Assets of Raw Materials and a Liability - Account Receivable

2. Direct materials used in production.

Work In Progress Account $48,000 (debit)

Raw Materials Account $48,000 (credit)

De-recognise the Raw Materials used in production and recognise the cost in Work In Progress Account

3. Direct labor used in production.

Work In Progress Account $15,350 (debit)

Wages and Salaries $15,350 (credit)

Recognise the labor cost in Work In Progress Account and de-recognise the Wages and Salaries Account with the amount applied to production

4. Applied overhead.

Work In Progress Account $18,360 (debit)

Manufacturing Overhead Account $18,360 (credit)

De-recognise the Manufacturing Overheads used in production and recognise the cost in Work In Progress Account

4 0

3 years ago