1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergeeva-Olga [200]
2 years ago
6

What are mutual funds are

Business
1 answer:
lana [24]2 years ago
3 0

Answer:

Mutual Funds are simply a way to pool money together and buy more stocks. You invest into a mutual fund along with many other people. Then your pooled money is invested by the manager of the mutual fund. They are generally conisdered safe as they are run by "stock gurus".

You might be interested in
Happy​ Valley, Inc. has received an invoice for​ $6,500 with terms of​ 3/15, n/45 and uses the net method to record purchases. I
Strike441 [17]

Answer:

$6,500

Explanation:

In these cases, the fraction 3/15 represents that 3% discount will be offered on payment if the payment is made within 15 days.

The fraction n/45 represents the total credit period allowed for this purchase is 45 days.

So if a person makes the payment beyond 15 days there will be no discount offered and accordingly, the purchase price will be paid.

Here, Happy Valley also paid after 15 days, that is on 17th day. Thus, net purchase will be $6,500 and no discount shall be recorded on such payment, or recording the purchase value.

4 0
3 years ago
Which of the choices is an example of offshore outsourcing?
Alexxx [7]

Answer:

None of the choices describe offshore outsourcing.

Explanation:

Offshore outsourcing is when a company hires a third party in another country to do some tasks for the company.

4 0
3 years ago
Read 2 more answers
Assume that, on January 1, 2021, Matsui Co. paid $1,795,200 for its investment in 74,800 shares of Yankee Inc. Further, assume t
mixas84 [53]

Answer: $1,852,320

Explanation:

First find out the proportion owned by Matsui.

= 74,800 shares / 220,000

= 34%

The investment at the end of the year is:

= Cost of investment + Shares of net income - Share of dividend

Share of income:

= Percentage ownership * Net income

= 34% * 240,000

= $81,600

Share of dividend:

= 34% * 72,000

= $24,480

Investment at end of year:

= 1,795,200 + 81,600 - 24,480

= $1,852,320

8 0
3 years ago
The stock price of Atlantis Corp. is $43 today. The risk-free rate of return is 10%, and Atlantis Corp. pays no dividends. A cal
Elena-2011 [213]

Answer:

correct option is  a. $.05

Explanation:

given data

stock price S = $43

rate of return r= 10%

exercise price K = $40

time = 6 month

worth = $5

solution

we will apply here formula for worth that is  

P = C - S + K × e^{-rt}

here C is given worth 5 and S is stock price and K is exercise price and t is time and r is rate

so put here all value in equation 1 we get

P = C - S + K × e^{-rt}

P = 5 - 43 + 40 × e^{-0.1*6/12}

P = 5 - 43 + 38.05

P = 0.05

so here correct option is  a. $.05

8 0
3 years ago
You need a new computer, and you will need a loan in order to buy one. Which lender is most likely to charge you the highest int
Rom4ik [11]
I know the answer is but b and d because they have the key words savings and with credit you pay lower to so the answer should be A
4 0
3 years ago
Read 2 more answers
Other questions:
  • You are exploring a career in nursing in the state of MA. The average hourly wage for a RN is $33.37. You are planning to work 4
    13·1 answer
  • Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own informati
    10·2 answers
  • Suppose you are the owner of a picture frame store and your current fixed costs total $50,000 (real estate taxes, interest on a
    15·1 answer
  • When are business letters necessary?
    10·2 answers
  • Quien es el Dueño de fedex
    14·1 answer
  • On April 2, Kelvin sold $40,000 of inventory items on credit with the terms 1/10, net n/30. Payment on $24,000 sales was receive
    11·1 answer
  • If you are unhappy about the current transportation system, which of the following politicians will you vote for?
    12·2 answers
  • 11.(03.03 LC)
    15·2 answers
  • The balance sheet for Monty Consulting reports the following information on July 1, 2022. Long-term liabilities Bonds payable $1
    6·1 answer
  • Someone who enjoys the benefits of a good or service without paying any of the costs is referred to by economists as a _________
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!