Answer:
4.23%
Explanation:
For computing the rate of return on the fund, we need to do following calculations
1. The fund after deducting the front-end load is
= $21,600 - $21,600 × 4%
= $21,600 - $864
= $20,736
2. Now number of bought is
= $20,736 ÷ $18 per share
= $1,152
3. The closed NAV is
= $18 + $18 × 10%
= $18 + $.8
= $19.8
4. So, the end year asset value is
= Closed NAV × number of shares bought
= $19.8 × 1,152
= $22,809.60
5. Now the year end investment value after considering the expense ratio is
= $22,809.60 × (1 - 1.3%)
= $22,513.0752
6. Now the rate of the return is
= ($22,513.0752 - $21,600) ÷ ($21,600)
= 4.23%
Answer:
$22,000
Explanation:
The original cost of the car was : $26,000
The fair market value of the car was : $12,000
The car was bought at a price higher than its fair market value by :
$26000-$12000 = $14000
She exchanges the car for $18000 to get a new one;
The loss while selling the car is : $26000-$18000=$8000
Total loss realized is : $14000 +$8000 = $22,000
Answer:
The sections of the career plan that best corresponds to the following information are:
Self-assessment. I am very good at interacting with young children.
Career exploration. I will need to complete an apprenticeship.
Career identification. Within ten years, I will take and pass an exam to be licensed as a Lawyer.
Action plan. I will start and run my own car repair company.
Explanation:
The reasons behind those answers are: First self-assessment consists of identifying our strengths and opportunity areas. Second, career exploration consists of the things I need to do to find my vocation and be ready for the labor market. Career identification because once the path is decided the subject needs to identify his or her area of preference to be the professional she or he wants to be. The action plan, it describes the process to achieve the objective of the subject considering the objective.
Answer:
The correct answer is letter "E": are often driven by such strategic objectives as to expand a company's geographic coverage or extend its business into a new product categories.
Explanation:
A merger is a combination of two companies, usually by mutual agreement. Mergers are not exactly the same as acquisitions. In the <em>acquisition</em>, one company buys and subsumes another company, leaving only the purchaser in place. In most mergers, the two companies merge to form a completely new company.
Frequently, <em>mergers and acquisitions are conducted so that the operations of firms can be broaden and new opportunities can be taken advantage of in the new markets.</em>
