The primary objective of growth mutual funds is capital appreciation with a high level of current income.
This statement is False.
A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.
The phrase is frequently used in the US, Canada, and India, while other countries with comparable arrangements include the UK's SICAV in Europe.
The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds.
Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index.
Unit investment, closed-end funds, and open-end funds are the three main types of mutual funds.
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Answer:
Sales 2,600,000
Less Cost of Goods Sold
Opening Stock 0
Add Cost of Goods Manufactured
Direct materials 1,218,000
Direct labor 522,000
Variable factory overhead 87,000
Fixed factory overhead 130,500
Less Closing Stock (350×(1,957,500/4,350) (157,500) (1,800,000)
Gross Profit 800,000
Less Expenses
Selling and administrative expenses:
Variable selling and administrative expenses (60,000)
Fixed selling and administrative expenses (25,000)
Net Income 715,000
Explanation:
<em>Product Cost (Absorption Costing) = Direct Materials + Direct Labor + Variable Overhead + Fixed Overheads</em>
<em>Period Cost (Absorption Costing) = All Non- Manufacturing Overheads</em>
Answer:
c. Discretionary
Explanation:
The discretionary policy is the policy that depends upon the judgement of the people who made the policy. It also deals in the decision making with respect to the monetary and fiscal policy
So here in the given situation, it is mentioned at the time of taking the action by the federal government with respect to change in the taxes and the spending in order to stimulate the economy
So this situation represents the discretionary policy
therefore the option c is correct
It would be powdered..according to my mom lol
False is the answer to this question.
