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Which of the following statements is FALSE? There is no need to evaluate mutual fund investments because investment companies hi

ivann1987 [24]

Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE

A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.

Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments.

8 0

3 years ago

Read 2 more answers

Dake Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average

Digiron [165]

Answer:

Instructions are below.

Explanation:

Giving the following information:

When it produces and sells 4,000 units, its average costs per unit are as follows:

Variable manufacturing overhead $1.40

Fixed manufacturing overhead $ 2.60

Units produced= 3,000

<u>To calculate the unitary indirect manufacturing cost, you can use two different methods</u>. The variable method only uses the variable manufacturing overhead. The absorption method uses the total unitary overhead.

Total fixed overhead= 2.6*4,000= 10,400

<u>Variable costing method</u>:

Unitary indirect manufacturing cost= $1.4

<u>Absorption costing method:</u>

Unitary fixed overhead= 10,400/3,000= $3.47

Unitary indirect manufacturing cost= 1.4 + 3.47= $4.87

5 0

3 years ago

Bob has a face-to-face interview tomorrow morning. he has done his research and knows a lot about the prospective employer. he w

Genrish500 [490]

Dressing to impress for interviews would typically involve wearing professional dress in order to look smart and presentable.

<h2>Bob has to follow some of the listed tips (not exhaustive) in addition to the due diligence he has done about his employer. </h2>

Some of the options he has would include:

A suit, jacket and tie
A semi-formal trousers and a shirt
Sweater and necktie.

Dressing properly for interviews would put Bob in a better light as it shows he is serious about the job. It also shows he is interested in the position, and finally demonstrates an understanding of the company's corporate culture.

Learn more about #interviews and #dress codes here: brainly.com/question/15128068?referrer=searchResults

4 0

2 years ago

Real GDP per capita is not a perfect measure of the well-being of a country's individual citizens because: Instructions: You may

nasty-shy [4]

Answer:

it does not measure quality-of-life factors ; it does not account for distribution of wealth ; it fails to measure non monetary (home production) activities

Explanation:

Real GDP is the total value of goods & services produced in an economy, during a period of time. But it is not correct measure of welfare level.

It does not measure non monetary production, like hobby production eg kitchen gardening, self made paintings, music. But, they increase welfare
It does not take into consideration the qualitative factors affecting welfare like pollution, crime & literacy. Externalities cause extra benefit or harm to welfare level, but are excluded from GDP.
Inequitable distribution of per capita (average) GDP increases rich poor standard of living divide. So, the distribution effect ignored make GDP an inapt measure of average welfare level.

Real GDP adjusts the value of goods & services for price change (Inflation), it is a correct measure of increase in real flow of goods & services. GDP & health positive correlation is a favouring point for GDP as a measure of welfare. So, these options are incorrect.

4 0

2 years ago

Marietta works in a production department alongside six other workers who do the same type of work. Each works independently but

marissa [1.9K]

Marietta is a part of A WORK GROUP.
The correct option is B.
A work group is made up of members, who can represent one unit or department and these members work independently but at the end of the day they pool their outputs together. The characteristic feature of work groups include the following: individual accountability, focus is on individual goals, production of individual work product, defined individual roles, tasks and responsibilities, etc.

4 0

3 years ago