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4 years ago

Which of the following statements is TRUE?

Business

1 answer:

statuscvo [17]4 years ago

6 0

Answer:

B. Mutual funds are actively managed while index funds are passively managed.

Explanation:

Mutual funds are defined as funds that are invested by a person who has limited funds in order to gain a market return on their shares. Mutual funds are actively managed investments. Mutual funds are invested within a short period of time. Examples of mutual funds includes bonds, shares, treasury bills e.t.c

For mutual funds, you don't need to have a large amount of knowledge to do it. Mutual funds are also called or known as open ended funds. They are sold publicly.

Exchange-traded funds are also known as index funds. They are passively managed investment funds that can be invested by a person for a long period of time. They are also referred to as closed ended funds that can be traded on the stock exchange market like normal stocks and shares.

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Victoria, a restaurant general manager, carefully watches her restaurant costs by reusing some items that in the past were immed

Aloiza [94]

Answer:

D, Efficient

Explanation:

dictionary maning of efficient means Performing or functioning in the best possible manner with the least waste of time and effort.

As an efficient manager, vitoria is making sure the resturant is running effieciently through her own efficiency of discovering that reusing some items that would have been thrown away reduces the time and efffort required to make dishes and kekep the resturant running.

Cheers.

3 0

3 years ago

In one or two sentences, describe which is greater: gross pay or net pay.

Dafna1 [17]

Gross pay is almost always greater than net pay, as net pay is after taxes, benefits, etc. Gross pay is what the company tells you that they will pay you.

8 0

4 years ago

Read 2 more answers

One of the important questions Jerome needs answered about his potential career is whether he will be working outdoors, because

krek1111 [17]

It is his work enviornment, i know this is correct because its on my online school :) hope this helps

3 0

3 years ago

Read 2 more answers

You plan to borrow $40,000 at a 6% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year pay

STALIN [3.7K]

Answer:

Interest for second year $2,114.08

Explanation:

given data

loan Amount = $40,000.00

Interest rate r = 6.00%

time period t = 7

solution

we get here first Equal Monthly Payment EMI that is express as

EMI = $\frac{P \times r \times (1+r)^t}{(1+r)^t-1}$ ................1

here P is Loan Amount and r is rate and t is time period

put here value and we get

EMI = $\frac{40000 \times 0.06 \times (1+0.06)^7}{(1+0.06)^7-1}$

EMI = $7165.40

now

we get here interest for second year that is

Closing balance at year 1 = opening balance + Interest - EMI Payment

Closing balance at year 1 = $40,000 + $2400 - $7165.40

Closing balance at year 1 = $35234.60

so Interest for second year $2,114.08

8 0

4 years ago

On July 1, the inventory of at Barnett Shoes was $60,000. Because of anticipated back-to-school sales, the owner wants to have a

AVprozaik [17]

Answer:

required purchase 83,500

Explanation:

The cost of inventory in july sales and our desired ending invenory is the amount we need. the beginning inventory is a portion of this demand already fullfil, we need to purchase for the difference.

cost of inventory sales for July:

70,000 x (1 - 45%) = 38,500

desired ending inventory 105,000

beginning inventory (60,000)

required purchase 83,500

4 0

4 years ago