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3 years ago

Which of the following statements is TRUE?

Business

1 answer:

statuscvo [17]3 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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What is the simplest layout for a cover letter? I need one for a resume but I don`t know how to write one.

Delvig [45]

Answer:

This is a short and direct template I used to get my job, and it works pretty well.

Explanation:

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3 years ago

In December, Davis Company had the following cost flows: Molding Department Grinding Department Finishing Department Direct mate

slava [35]

Answer:

Required 1 ; Journals

Work In Process : Grinding Department $ 128,000 (debit)

Work In Process : Molding Department $ 128,000 (credit)

Being transfer of costs from Molding to Grinding Department

Work In Process : Molding Department $ 128,000 (debit)

Work In Process : Grinding Department $ 128,000 (credit)

Being transfer of costs from Grinding to Molding Department

Finished Goods Account $40,000 (debit)

Work In Process : Finishing Department $40,000 (credit)

Being transfer of costs from Finishing department to finished goods account

Required 2 : Difference

Job Order Costing

Each production is unique and there may be no transfers to and from other departments. The is no inventory from previous processes as this is unique to the job order.

Process Costing (Currently in use)

There are transfers from and to other departments. Production is in sequence. For each departments we may also have inventories

Explanation:

Finishing Department Costs Calculation

Direct materials $17,200

Direct labor $11,600

Applied overhead $11,200

Total $40,000

Difference :

You should be able to see that the Journal entries above depicts a process costing system. Now provide reasons why this system differs from the job-order cost system. See the reasons above.

8 0

3 years ago

Butler Corporation is considering the purchase of new equipment costing $30,000. The projected annual after-tax net income from

kobusy [5.1K]

Answer:

($3,100)

Explanation:

Net cash flows each year = Projected annual after-tax net income + Depreciation

Net cash flows each year = $1,200 + $10,000

Net cash flows each year = $11,200 each year

Total value of inflows in 3 years = Net cash flows each year * Annuity factor of (10%,3 years)

Total value of inflows in 3 years = $11,200 * 2.4018

Total value of inflows in 3 years = $26,900

Net Present value = Present value of inflows - Cash outflow

Net Present value = $26,900 - $30,000

Net Present value = ($3,100)

So, tnet present value of the machine is ($3,100).

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3 years ago

As a sales manager, Tanya is conducting performance appraisals for her team members. To do so, she tracks each person’s sales ca

sweet-ann [11.9K]

Answer:

Objective

Explanation:

The reason is that the achievement of the set objectives and goals are the basis for appraisal of different persons and departments. It is a means of assessing the performance of the sales team by Tanya that shows how favourable and adverse the performance of the sales team member is.

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3 years ago

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a major big box store allegedly adds 5 percent to the total cost of production or cost of purchasing items it sells in its stor

cupoosta [38]

Given that a major big box store allegedly adds 5 percent to the total cost of production or cost of purchasing items it sells in its store, then adds to this number the additional costs and profits in order to arrive at the product's selling price. the 5 percent represents the markup amount.

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3 years ago