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ella [17]
3 years ago
6

Miguel is looking to own a small piece of several companies as an investment. He wants to take some of his extra cash and purcha

se shares of some technology companies. Which type of financial business will MOST LIKELY meet his needs?
Business
1 answer:
Artyom0805 [142]3 years ago
7 0

Answer: C. Mutual fund company

Explanation:

Mutual Funds provide a way for small time investors to be able to invest in multiple companies and securities because they pool funds from all these small investors and buy shares, bonds, and other assets.

Miguel would simply have to buy shares in the Mutual fund company and then he would be entitled in an ownership stake in these assets invested in by the Mutual fund company in the proportion of his investment in the mutal fund company.  

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Hat Tricks Company (HTC) is a Buffalo, New York, manufacturer of hats and gloves. Recently, the company purchased a new machine
Mkey [24]

The selling price per hat is mathematically given as

S=$62

<h3>What is the selling price per hat?</h3>

Compensation of Workers =20hr*60$/hour = $1200

Assorted Direct Expenditures =100hats*19$/hat = $1900

Hence,Total Direct cost. =  $1200+$1900

Total Direct cost.= $3100

The selling price is 200% of the Direct production cost

$3100*200% = $6200

The selling price per hat = $6200 / 100hats

The selling price per hat = $62

In conclusion, The selling price per hat = is $62

Read more about the selling price

at brainly.com/question/28017453

#SPJ1

7 0
2 years ago
Olive Tree Products sold 86,000 units during the last period when industry volume totaled 334,000 units. The company originally
mrs_skeptik [129]

Answer: See explanation

Explanation:

Actual units sold = 86000

Budgeted units sold = 89000

Budgeted selling price = 59

Budgeted variable cost = 34

Budgeted contribution margin = 59 - 34 = 25

Budgeted market share = 20%

Acual industry volume = 334000

Standard units sold = 20% × 334000 = 66800

Sales activity variance:

= (Actual units sold - Budgeted units sold) × Budgeted contribution margin

= (86000 - 89000) × 25

= -3000 × 25

= 75000 Unfavorable

Market share variance will be:

= (86000 × 25) - (66800 × 25)

= 2150000 - 1670000

= 480000 Favorable

Industry volume variance:

= (66800 × 25) - (89000 × 25)

= 1670000 - 2225000

= 555000 Unfavorable

6 0
3 years ago
You decide you want to be a millionaire. You deposit $50,000 in an investment account that earns 9% per year. The money in the a
romanna [79]

Answer: 35 years

Explanation:

A=P(1+\frac{r}{n})^{nt}

Where,

A - the ending amount,

P - the beginning amount (or "principal")

r - the interest rate (expressed as a decimal)

n - the number of compounding a year

t - the total number of years

n=1, t=?, P = $50,000, r=0.09, A= $1,000,000

Therefore,

1,000,000=50,000(1+\frac{0.09}{1})^{t}

1,000,000=50,000(1.09)^{t}

20=(1.09)^{t}

Taking log on both sides

log(20) = t log(1.09)

1.30103 = 0.0374264979 t

t = 34.7622

So answer is 35 years.

3 0
3 years ago
You own a portfolio of two stocks, A and B. Stock A is valued at $84,650 and has an expected return of 10.6 percent. Stock B has
Gnesinka [82]

Answer:

Portfolio return = 0.1004646154 or 10.04646154% rounded off to 10.05%

Option B is the correct answer

Explanation:

The expected return of a portfolio is the function of the weighted average of the individual stock returns that form up the portfolio. The formula to calculate the expected return of a two stock portfolio is as follows,

Portfolio return = wA * rA  +  wB * rB

Where,

  • w is the weight of each stock
  • r is the rate of return on each stock

As the investment in total portfolio is 97500 and the investment in stock A is 84650, the investment in stock B will be,

Stock B = 97500 - 84650 = 12850

Portfolio Return = 84650 / 97500 * 0.106  +  12850 / 97500 * 0.064

Portfolio return = 0.1004646154 or 10.04646154% rounded off to 10.05%

7 0
3 years ago
Outlines give you a chance to organize your thinking before determining work choice and sentence structure. Which of the followi
Nezavi [6.7K]

Answer:

The correct answer is letter "B", "D", "E", and "F".

Explanation:

Writers tend to use outlines to organize their ideas and decide the main topic of the article they are going to talk about. Thanks to the initial brainstorming, an outline provides the writer with an overview of what the subtopics of the article will be, how the main idea could be methodically developed, and the preliminary tittle for it.

5 0
3 years ago
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