In what circumstance would a violation of consumer

How long would it take to double your money in an account that paid 6% per year

Oksi-84 [34.3K]

Answer:

depending on how much you put in there to start with but 5 to 10 years

7 0

3 years ago

A cereal company's cost, in thousands of dollars, is represented by the function C ( x ) = 2 x + 4500 and its revenue, in thousa

maxonik [38]

Answer:

31,500

Explanation:

Cost function, C (x) = 2 x + 4500

Revenue function, R (x) = 5 x

Profit = Total revenue - Total cost

= R(x) - C(x)

= 5 x - [2 x + 4500]

= 3 x - 4,500

If company sells 12,000 boxes, then profit will be:

= 3 x - 4,500

= 3(12,000) - 4,500

= 36,000 - 4,500

= 31,500

Therefore, 31,500 is the profit earn by the company by selling 12,000 boxes of cereal.

5 0

4 years ago

A managed mutual fund:

Ilia_Sergeevich [38]

Answer:

b) Has a higher expense ratio than an index fund

Explanation:

A mutual fund is a diversified investment tool. The fund is a collection of different types of stocks that form a single investment asset. It is a basket of stock trading as a single asset. Purchasing one unit of a mutual fund is equivalent to purchasing several portions of each stock that make up the mutual fund.

A professional manager manages the mutual fund. He or she carefully selects the stocks that go into the basket forming the mutual fund. The manager charges a professional fee, which is usually a percentage of the investment. Due to this fee, a mutual fund is relatively expensive as compared to an index fund that does not require the input of a manager.

7 0

3 years ago

VUESTIUNI

KatRina [158]

Answer:

e. Insider trading.

Explanation:

Insider trading occurs when information is shared with some stockholders of the company and not with all of them.

According to the United States of America, Securities and Exchange Commission (SEC); Illegal Insider trading involves the "buying or selling of a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, non-public information about the security."

In the stock exchange market, any information that possibly could impact an investor's decision substantially to buy or sell the security is known as material information while informations that is not legally available to the public is non-public information.

A potential investor who has access to insider information would definitely have an advantage or unfair edge over other investors, who obviously don't have same privileges, and could potentially make unfair-large profits.

U.S SEC is very much concerned with maintaining a fair marketplace, thus requiring that all transactions be timely submitted electronically.

4 0

3 years ago

Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $162

SCORPION-xisa [38]

Answer:

First we find thebudgeted unit sales values and then multiply with the actual units to get the flexible sales value. We do the similar operations for the expenses and then do the calculations. If the actual revenue is greater than flexible budget revenue then it is favorable but if actual expenses are more then they are unfavorable.

Explanation:

Business Solutions

Fixed Budget Actual Result Variance

Desks Units 137 143

Chair sales (in units) 54 62

Desk sales $ 178,100 $ 184,470 $ 6,370 F

Chair sales 27,000 31,930 4,930 F

Total expenses 162,290 171,220 8,930 U

Income from operations $ 42,810 $ 45,180 $ 2,370

Business Solutions

Flexible Budget Performance Report

Second-Quarter 2020

Flexible Budget Actual Results Variance (F/ UNfav)

Desks ( $ 178,100 /137)143

185900 $ 184,470 1430 Unfav

Chairs (27,000/54) 62

31000 31930 930 Fav

Variable Expenses 135430 135720 290 unfav

Desk Sales (113710/137) * 143

118690

Chair sales ($14,580/ 54)(62)

16740

Add Fixed $34,000 $35,500 1,500 ( unfav)

Income from Operation 47470 45180 2290 unfav

4 0

3 years ago