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What do you call collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like ind

Kamila [148]

Collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like individual stocks than mutual funds?

The correct answer is an exchange-traded fund (ETF)

<h3>What are exchange-traded funds?</h3>

ETFs, or "Exchange Traded Funds," as the name implies, are funds that trade in exchange-traded funds and typically track a particular index. Investing in ETFs gives you a bundle of assets that you can buy and sell during market hours. It has the potential to reduce risk and exposure while helping to diversify the portfolio.

ETFs have several advantages over traditional open-ended funds. The four main benefits are transaction flexibility, portfolio diversification and risk management, low cost, and tax benefits.

Learn more about securities exchanges here

brainly.com/question/25572872

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7 0

1 year ago

All transactions ______. (Select all that apply.) Multiple select question. have at least two effects on the accounting equation

lys-0071 [83]

All transactions b. affect assets, liabilities, and/or stockholders' equity, and d. must affect both assets and stockholders' equity.

<h3>What is the accounting equation?</h3>

The accounting equation shows that assets are equal to liabilities and equity.

The implication of the accounting equation is that every transaction has at least two effects on the elements of financial statements, given their linkages.

Thus, the correct options are Options B. and D.

Learn more about the accounting equation at brainly.com/question/24401217

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5 0

1 year ago

what are the main purposes of a budget? to record the past income and spending. to take a it a student loan from the bank. to pl

Softa [21]

I think its either to balance available resources and expenses or to plan future income and spending

7 0

2 years ago

Mercury Inc. purchased equipment in 2019 at a cost of $497,000. The equipment was expected to produce 580,000 units over the nex

Ivan

Answer:

1.

Gain or (Loss) on sale = (17000) Loss

2.

Cash 253600 Dr

Accumulated Depreciation 226400 Dr

Loss on Sale 17000 Dr

Equipment 497000 Cr

3.

Gain or (Loss) on sale = 9400 Gain

4.

Cash 280000 Dr

Accumulated Depreciation 226400 Dr

Gain on Sale 9400 Cr

Equipment 497000 Cr

Explanation:

We first need to calculate the carrying value of the equipment at the date of disposal. The carrying value is calculated as follows,

Carrying value = Cost - Accumulated depreciation

Depreciation 2019 = (497000 - 33000) * 83000 / 580000

Depreciation 2019 = 66400

Depreciation 2020 = (497000 - 33000) * 133000 / 580000

Depreciation 2020 = 106400

Depreciation 2021 = (497000 - 33000) * 67000 / 580000

Depreciation 2021 = 53600

Carrying value = 497000 - [ 66400 + 106400 + 53600 ]

Carrying value = $270600

1.

Gain or (Loss) on sale = Sales price - Carrying Value

Gain or (Loss) on sale = 253600 - 270600

Gain or (Loss) on sale = (17000) Loss

2.

Cash 253600 Dr

Accumulated Depreciation 226400 Dr

Loss on Sale 17000 Dr

Equipment 497000 Cr

3.

Gain or (Loss) on sale = Sales price - Carrying Value

Gain or (Loss) on sale = 280000 - 270600

Gain or (Loss) on sale = 9400 Gain

4.

Cash 280000 Dr

Accumulated Depreciation 226400 Dr

Gain on Sale 9400 Cr

Equipment 497000 Cr

6 0

2 years ago

Which of the following statements about packaging is the most accurate?

Alik [6]

The answer is: B. For most products, packaging performs only one basic function, to protect the goods inside during shipping, handling and storage. However, this is a critical function, so packaging Must be given a high priority.

I hope this helped. If so, please mark brainliest!

7 0

2 years ago