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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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At December 31, 2020 the following balances existed on the books of Rentro Corporation: Bonds Payable $7,000,000 Discount on Bon

Tomtit [17]

Answer:

Loss on retirement of debt = $1,030,000

Explanation:

the company paid $7,070,000 in order to retire the bonds, and hte journal entry was:

Dr Bonds payable 7,000,000

Dr Loss on retirement of debt 1,030,000

Cr Cash 7,070,000

Cr Discount on bonds payable 960,000

Loss on retirement of debt = cash paid - carrying value = $7,070,000 - $6,040,000 = $1,030,000

6 0

3 years ago

Which skill do you feel is the most important? Why? (2-4 sentences)

Zanzabum

Answer:I do not think there is a subject less important than another.

Explanation: I say this because its true, and that you need to know math to have a job. You ned to know how to read so you can know what to type. And you need to know science because its amazballs!!

4 0

3 years ago

Red Industries began operations on April 11th, 2022. Red purchased $2,100 of supplies, and a physical count showed that $400 of

schepotkina [342]

Answer:

Explanation:

The journal entry is shown below:

Supplies expense A/c Dr $1,700

To Supplies A/c $1,700

(Being supplies account is adjusted)

The supplies expense is computed below

= Purchase value of supplies - supplies on hand at year end

= $2,100 - $400

= $1,700

For recording, this given transaction we debited the supplies expense account as the remaining balance is transferred to supplies expense and credited the supplies account

8 0

3 years ago

When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be

Olegator [25]

When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal, this is known as the equilibrium price. Equilibrium price is the price set by a market in which the amount of products that are supplied is equal to the amount of products that are demanded.

8 0

3 years ago

Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s

Svetllana [295]

Answer:

This is an example of Invisible Hand.

Explanation:

The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.

6 0

3 years ago