Answer:
Spread the risk of individual bonds by collectively owning more and less-risky bonds, with higher and lower rates of return
Explanation:
A bond fund is a pooled investment vehicle that invests in various types of bonds. the types of bonds invested in includes cooperate bonds, government bonds and municipal bonds.
The primary objective of bond funds is to generate revenue for investors
Because bond fund is an aggregation of various types of bonds, the risk of the bond fund is lower than the risk of holding any corporate bonds. This is because risks are spread.
Answer:
E. The demand for loanable funds increases.
Answer: $83
Explanation:
Given that,
On 1 June,
Materials purchased = 50 units
Unit price of material = $1.30
On June 15,
Materials purchased = 50 units
Unit price of material = $1.20
Total cost of 65 units:
= (Material purchased on 1 June × Unit price of material) + [(65 units - 50 units) × $1.20]
= (50 units × $1.30) + (15 units × $1.20)
= $65 + $18
= $83
Answer:
The specialty goods are one of the type of consumer products an it basically categorized under the category of shopping and the convenience goods.
The specialty products are basically purchased by the consumers or users because of its unique characteristics and high efficient brands. Exotic perfumes, designer clothe and famous printing cloths are some examples of the specialty products.
The main objective of the specialty goods is that the customers group are wiling for purchasing the specific products due to its unique features or high brand and also make special efforts for purchasing the specific products and the services.
Answer:
The correct answer is letter "B": may be used for various general ledger accounts.
Explanation:
Subsidiary ledgers are used in the record-keeping of large companies when transactions of an account should be reported in detail but the information size is overwhelming. Usually, subsidiary ledgers are implemented in sales firms. The subsidiary ledger is part of a general account that is frequently posted so only general precise information is recorded in the general account.
<em>Examples of subsidiary ledgers are Accounts Payable Ledger, Accounts Receivable Ledger, Purchases Ledger, and Inventory Ledger just to mention a few.</em>
