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Hoochie [10]
2 years ago
8

S.I.D. Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds t

oday, you:________
a. Must purchase shares of each fund in the secondary (stock) market.
b. May purchase shares of each fund in either the primary (from the investment company) market or the secondary (stock) market.
c. Must purchase shares of the open-end fund in the secondary (stock) market, and shares of the closed-end fund in the primary (from the investment company) market.
d. Must purchase shares of the open-end fund in the primary (from the investment company) market, and shares of the closed-end fund in the secondary (stock) market
Business
1 answer:
Tju [1.3M]2 years ago
6 0

Answer:

c. Must purchase shares of the open-end fund in the secondary (stock) market, and shares of the closed-end fund in the primary (from the investment company) market.

Explanation:

<em>An open-ended shares are those whose funds are sold by a funds company to the public investors.</em> It is similar to mutual funds unlike the close-ended fund which has a limited or fixed number of shares which is usually offered to the public through the the IPO (Initial Public Offer).

<em>For S.I.D Asset Management which initiated both the open-ended and close-ended funds, in other to purchase it few years later, the appropriate channel needs to be followed.</em>

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Nathan is defending his first place ranking at the annual debate competition. Just minutes before his turn, Nathan gets nervous
satela [25.4K]

Answer:

The consideration which will be dictated for Nathan's self efficiency is:

C. Verbal persuasion

Explanation:

Here, in the question it is mentioned that Nathan has been defending his first place ranking in his annual debate competition.

Now, just some minutes before his turn in the annual debate competition he gets nervous and he cannot remember his arguments related to the debate topic.

His teacher comes and talk to him, teaches him, reminds him of his theories and topics. Also motivates him and make him remind his special skills and shore up his demoralised confidence.

By listening all these things he gets motivated and delivers his best and defends his title at his very best.

So, the consideration which will be dictated for Nathan's self efficiency is:

C. Verbal persuasion

7 0
3 years ago
Firefly Inc. sold land for $225,000 cash. The land had been purchased five years earlier for $275,000. The loss on the sale was
solmaris [256]

Answer:

$225,000

Explanation:

The cash flow statement is divided into three categories investing, operating and financing. The investing activity refers to those activities which deal in buying and selling for long term asset in cash. The buying is cash outflow while the selling is a cash inflow.  So the amount reported under the investing activity is $225,000 as cash inflow.

8 0
2 years ago
By definition, imports are Group of answer choices people who work in foreign countries. limits placed on the quantity of goods
Naddik [55]

Answer:

goods produced abroad and sold domestically.

Explanation:

Exports are goods produced in the domestic economy and sold abroad.

Quotas limits placed on the quantity of goods leaving a country.

Countries trade goods for which they have comparative advantage and not absolute advantage.

I hope my answer helps you

5 0
3 years ago
Diego company manufactures one product that is sold for $76 per unit into geographic regions the east and west regions. The foll
Shtirlitz [24]

Answer:

\left[\begin{array}{cccc}&West&East&Total\\$Sales&2,432,000&760,000&3,192,000\\$Traceable Fixed&-210,000&-160,000&-370,000\\$Business Fixed Cost&&&-105,000\\$Income&2,222,000&600,000&2,717,000\\\end{array}\right]

Explanation:

The units sold on each region should be multiply by the $76 unit selling price.

Then, we subtract the fixed selling expense tracable to each division

and then, we subtract to the whole company the common fixed cost.

7 0
3 years ago
Journal Entries and T-accounts [LO3-1, LO3-2] The Polaris Company uses a job-order costing system. The following transactions oc
ikadub [295]

Answer:

a.) Raw material 210000

          Account payable     210000

(Purchase material on account)

b.) 1.Work in process  151200

             Raw material       151200

       (material used)

    2.Overhead          37800

              Raw material        37800

     (Record indirect material )

c.)1. Work in process     49000

              Factory payroll        49000

     (Record direct labor)

     2. Overhead           20000

              Factory payroll        20000

       (Record indirect labor)

       

d.)  Overhead      106000

          Accumulated depreciation   106000

          (record depreciation)

e.)  Overhead     130000

               Account Payable    130000

f.)  work in process  (8*76400)  611200

              Overhead                               611200

g.) Finished goods 511000

                   Work in process   511000

  ( record completion of goods from wip to finished goods)

h.)Account receivable  605680

                 Sales                       6056800

      (record sales on account)

Explanation:

f.Overhead applied to a particular job= Predetermined rate* job hours allocated

h. copmlete job were shipped to customer at 34% above cost =(452000*34%)=452000+153680=605680.

5 0
3 years ago
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