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Svetllana [295]
3 years ago
9

If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall

y manages stock from a number of diversified companies, that person is investing in a(n)
A. certicate of deposit.

B. individual retirement account.

C. mutual fund.

D. banker’s acceptance.

E. time deposit.
Business
1 answer:
alisha [4.7K]3 years ago
6 0

Answer:

C. mutual fund.

Explanation:

Mutual fund refers to a company that pools money from many investors into securities such as stocks and bonds. Mutual funds provide the service of a deversified portfolio for customers who would otherwise been unable to diversify their portfolio themselves.

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Sheffield Corp.is planning to sell 400 buckets and produce 480 buckets during March. Each bucket requires 500 grams of plastic a
Advocard [28]

Answer:

Direct labor= $12,960

Explanation:

Giving the following information:

Sheffield Corp.is planning to sell 400 buckets and produce 480 buckets during March. Each bucket requires 500 grams of plastic and one-half hour of direct labor. The employees of the company are paid $18 per hour.

Direct labor= (480 units* 1.5 hours)*18= $12,960

6 0
3 years ago
A firm's net income for the year was $800,000. average assets totaled $6 million, and average liabilities totaled $1.2 million.
Korolek [52]
<span>Return on equity is $800,000 / ($6,000,000 - $1,200,000 = 16.67%. Return on equity is net income divided by equity. We are given net income, but not equity. Equity is equal to average assets LESS average liabilities. Solving through will yield the equation as seen above. This question requires a finance background.</span>
6 0
3 years ago
A client has a Cash Account at a broker-dealer and one week ago was sold out of a position for failure to make prompt payment. T
Scorpion4ik [409]

Answer:

[C]

Explanation:

Based on the information provided within the question it can be said that this client will need to make the required payment in full for the purchase prior to entering the order because the account would be frozen.  This is because the Reg T states that any individual that has been sold out for failing to make a prompt payment will have their account frozen for 90 days and if they want to make a buy order, then they need to deposit enough money to cover the entire trade in full including fees before the buy order is actually entered.

8 0
3 years ago
According to the principals of finance, in the long-run stock prices are driven by:.
Leya [2.2K]

maximizing shareholder value

5 0
3 years ago
On December 1, 2021, Liang Chemical provides services to a customer for $90,000. In payment for the services, the customer signs
Rufina [12.5K]

Answer

Dec 1 2021                        Debit                           Credit

Note Receivable              90,000

Service Revenue                                                   90,000

Dec 1 2022

Cash                                  9,000

Interest Revenue                                                  9,000

Dec 1 2023                  

Cash                                9,000

Interest Revenue                                                  9,000

Dec 1 2024              

Cash                               99,000

Interest Revenue                                                  9,000

Note Receivable                                                   90,000

Dec 31 2021

Interest Receivable     750

Interest Revenue                                                        750

Dec 31 2022

Interest Receivable     750

Interest Revenue                                                        750

Dec 31 2023

Interest Receivable     750

Interest Revenue                                                        750

Explanation:

8 0
3 years ago
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