This seems like a rather subjective question. Wealth is built over a lifetime with income. Inheritance is definitely one way to become wealthy, so I would say <u><em>True </em></u>
Answer:
E. Invest in mutual funds.
Explanation:
Individual investors tend to have relatively small portfolios and are usually unable to realize economies of size. The best strategy is to pool funds with other small investors and allow professional managers to invest the funds. Here, a fund manager is hired to invest the cash the investors have contributed, and the fund manager's goal depends on the type of fund; a fixed-income fund manager, for example, would strive to provide the highest yield at the lowest risk.
Answer:
$9.63
Explanation:
Data provided in the question:
Year Annual dividend paid
1 $1.20
2 $1.12
3 $1.12
4 $14.20
Now,
Year Annual dividend paid Present value factor Present value
1 $1.20 0.84246 1.011
2 $1.12 0.84246 0.7949
3 $1.12 0.59793 0.6696
4 $14.20 0.50373 7.1529
===============================================================
Worth of stock = 1.011 + 0.7949 + 0.6696 + 7.1529
= $9.6284 ≈ $9.63
Note:
Present value factor = [ 1 ÷ (1 + 0.187)ⁿ]
here,
n is the year
Answer:
3
Explanation:
Data provided in the question:
Sales for the last four months :
8, 10, 15, and 9 units
Last four forecast of sales:
9, 11, 8 and 12 units
Now,
The mean absolute deviation (MAD) value of these forecast will be calculated as:
MAD = [ ∑|Sales - Forecast sales| ] ÷ [ Total number of forecast ]
or
MAD = [ |8 - 9| + |10 - 11| + |15 - 8| + |9 - 12| ] ÷ 4
or
MAD = [ 1 + 1 + 7 + 3 ] ÷ 4
or
MAD = 12 ÷ 4
or
MAD = 3
Answer:
pooled interdependence.
Explanation:
The single crop is a company with three different division. Three division who work independently and do not interact with each other but work towards the betterment of the whole company can be described as pooled interdependence. Pooled interdependence is a way in which companies operated by designing different department that works independently towards a common goal.
