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marissa [1.9K]
3 years ago
6

The Holt fund has $500 million in assets, 80 million in debt and 15 million shares at the start of the year. At the end of the y

ear, the fund has $600 million in assets, 40 million in debt and 16 million shares. During the year, investors received $0.80 in distributions per share. The total expense ratio is 0.4%, which is deducted at the end of the year. What is the rate of the return on the fund?
A. 38.54%
B. 27.32%
C. 35,14%
D. 25.81%
E. 34.79%
Business
1 answer:
kow [346]3 years ago
6 0

Answer:

B. 27.32%

Explanation:

First we need to calculate the Net asset value per share at the start and end of the year

NAV at the start of the year = ($500 million - $80 million) / 15 million shares = $28 per share

NAV at the end of the year = ($600 million - ( ($600 million x 0.004) + $40 million ) / 16 million shares = $34.85 per share

Return = (NAV at the end of the year - NAV at the start of the year + Distribution received) / NAV at the start of the year

Return = ( 34.85 - 28 + 0.8 ) / 28 = 0.2732 = 27.32%

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In the context of the stages of organizational decline, which of the following is a difference between the faulty action stage a
balu736 [363]

Answer:

The correct answer is B

Explanation:

Organizational decline happen or occur when the companies or the firms does not anticipate, acknowledge, adapt the external or the internal pressures or neutralize, which threaten the survival of the company or firm.

And in the stage of the faulty action, it arises because of the increasing costs and the decreasing profits and the market share. The management states the plans of the belt tightening, which is established or designed in order to cut the costs, restore the profits and to increase the efficiency.

The stage of crisis, where the dissolution or the bankruptcy is likely to happen unless the firm completely acknowledge the way it does the business. But the companies lack the resources required to fully change how they should run their business.

4 0
3 years ago
Waterway Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An emplo
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Answer:

$69,000

Explanation:

The double-declining method uses twice the rate of the straight-line depreciation method.  

In this case, we need to determine the depreciation rate under the straight-line method. The asset has a useful life of 5 years.

the depreciation rate = 1/5 x 100

=0.2 x 100

=20%

The Depreciation rate for the double-declining method is 40%. The straight-line method considers salvage value at the beginning, but double-declining depreciates until the salvage value.

In the first year under the double-declining method, the depreciation amount was $27,600.

It means 40% of the asset cost is $27,600.

The asset cost is 100%

40%=$27,600

100% = 27,600/40 x 100

=$690 x 100

=$69,000

Asset cost = $69,000

8 0
3 years ago
You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $
valina [46]
3000 (1+0.051)^(t)=2000 e^(0.075t)
Solve for t using Google calculator
To get
T=16.05 years

6 0
3 years ago
Explain why e-Business scenarios are generally more complex than traditional business scenarios. Discuss the interrelationships
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Answer:

The answer is because of the nature of each business and that is explained below.

Explanation:

On the one hand, when it comes to e-business scenarios the people who work in those places know that it is much more complex due to the fact that the managers are dealing with information that is wide range in terms of searching engine, clicks on the website, marketing approaches and more. The owners of this type of business must know how to work with all type of tools that could help the business grow and all that information can be difficult to read and to use sometimes due to the big changes that happen in the internet and in the general public movements every day that will affect your clientele.

On the other hand, the traditional business scenarios may be a little bit less complex due to the fact that they are workind with information that comes straight ahead from the sources, like sales and marketing campaign impacts and more. Therefore that this type of business use all the information that is has to keep the goals of the company at sight thanks to the organization that the managers have.

Finally, it is quite understood that the information technology will always be more difficult to manage in e-business becuase of all the variables and factors that influece the information and the decision making process of the company.

5 0
3 years ago
Required information Kevan, Jerry, and Dave formed Albee LLC. Jerry and Dave each contributed $245,000 in cash. Kevan contribute
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Answer: A: $0.None of the members recognize gain because their debt relief was not in excess of their bases in their LLC interest prior to any debt relief.

B: $55,000

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D: $625,000 Albee, LLC takes a $135,000 carryover basis in the assets Kevan contributes and a $490,000 basis in the total cash the other two members contributed.

Explanation: check attached file

3 0
3 years ago
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