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
Vilka [71]
3 years ago
10

A customer has signed a Letter of Intent (LOI) to buy $25,000 of XYZ mutual fund to qualify for a breakpoint that reduces the sa

les charge from 7% to 6%. The customer deposits $15,000 into the fund over the next 13 months. At the end of 13 months, the NAV is $20,000. How much does the customer have to deposit to complete the LOI?
A. 0
B. $5,000
C. $10,000
D. $15,000
Business
1 answer:
Liono4ka [1.6K]3 years ago
6 0
Hthjttjbbtnntntnybbbybt
You might be interested in
In your opinion ,what is the correct priority in making a business decision?#1 personel integrity,organizational values,profit..
kumpel [21]
The correct priority in making business decision is:

<span>#3 profit, organizational values,personal integrity.

The main reason why you put up a business is to gain profit. Thus, it is a priority. Second consideration would be the organizational values. Organizational values will determine the longevity of the company and the tenure of its employees.</span>
5 0
3 years ago
A financial statement showing the revenue and expenses for a fiscal period. True or False
Dima020 [189]

Answer:

A financial statement showing the revenue and expenses for a fiscal period. True

Explanation:

A financial statement showing the revenue and expenses for a fiscal period. <em><u>True because </u></em> income statement is a financial statement and shows the expenses and income ( revenue) during a fiscal period.

A fiscal period is the time period reflected in a financial statement. It is usually a quarter or an accounting period.

There are four main kinds of financial statements. Income statement is one of the financial statement which tells about the expenses and revenues

4 0
3 years ago
Jessica and her friends are 16 years old like to shop at Aeropostale, which is a clothing store targeted to teens and young adul
slavikrds [6]

Answer:

B) social surroundings

Explanation:

Based on the information provided within the question it can be said that the other individuals present in the store represent the social surroundings. This term refers to all the individuals that make up an environment, including kids, parents, teenagers, employees, customers, etc. In this situation it is all the human individuals that within Aeropostal.

3 0
3 years ago
By subtracting current liabilities from current assets, you are able to determine____
Blababa [14]

Answer:

Working Capital

Explanation:

3 0
3 years ago
Costco Wholesale Corp. has FCFE of $2.00 billion in the most recent year. The cash flows are expected to grow at the annual rate
Svetlanka [38]

Answer:

a. $47.3 billion

Explanation:

The computation of the current value of the firm is as follows;

Value of Equity = FCFE × (1+ g ) ÷ (ke - g)

= $2 billion × (1 + 0.03) ÷ (0.12 - 0.03)

= $22.89 billion

Now  

Current Value of Firm = Market Value of equity + market Value of Debt

= $22.89 billion + $24.44 billion

= $47.3 billion

Hence, the current value of the firm is $47.3 billion

hence, the correct option is A.

7 0
3 years ago
Other questions:
  • A type of check that has a bank's guarantee of payment is a
    12·2 answers
  • "john is a drug dealer who wants to make quick money. john is an example of a"
    12·2 answers
  • Buy new $13.97
    12·1 answer
  • Which business model has traditionally been used by magazines
    14·2 answers
  • Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $40 for a weekend. It estimates that for each $5 price inc
    5·1 answer
  • In the short​ run, firms will​ _______. A. incur an economic loss B. continue to break even C. make an economic profit Some firm
    13·1 answer
  • A company currently pays a dividend of $2.40 per share. The current price of the stock is $18.22. It expects the growth rate of
    8·1 answer
  • "Only one firm produces and sells soccer balls in the country of Wiknam, and as the story begins, international trade in soccer
    14·1 answer
  • As the supply of Blu-Ray players has increased over the years and the price of Blu-Ray players has dropped, the _____.
    7·1 answer
  • Financial measures alone do not capture all aspects of an organization’s performance. Nonfinancial measures can be either qualit
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!