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inna [77]
2 years ago
8

SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds toda

y, you A. must purchase shares of each fund in the secondary (stock) market B. may purchase shares of each und in either the primary from the investment company) market or the secondary (stock) market C. must purchase shares of the open end fand in the secondary stock market and shares of the closed and fund in the primary (from the investment company market D. must purchase shares of the open ond fund in the primary from the westment company market and shares of the closed end tund in the secondary (stock) market
Business
1 answer:
zhenek [66]2 years ago
8 0

Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.

Explanation:

Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.

Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.

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The business cycle is thea.predictable changes in economic activity due to changes in government spending and taxes.b.irregular
Nitella [24]

Option B

The business cycle is irregular fluctuations in economic activity.

<u>Explanation:</u>

The business cycle is the constant rise and decline of financial growth that transpires overhead time. A cycle is a valuable mechanism for probing the market. It can further assist you to perform more reliable monetary choices. The state administration handles the business cycle.

The business cycle depicts the germination and bankruptcy in the making yield of assets and services in a marketplace. Business cycles are usually estimated relating to the boom and recession in the actual entire domestic goods or modified for inflation.

4 0
3 years ago
The following is the ending balances of accounts at December 31, 2018 for the Valley Pump Corporation Account Title Cash Account
Art [367]

Answer and Explanation:

The preparation of the classified balance sheet is presented below:

<u>Valley Pump Corporation</u>

<u>Balance sheet</u>

<u>December 31, 2018</u>

Assets

Current assets

Cash                                    $30,000              

Marketable securities           $27,000

Account receivable             $61,000

Inventory                               $91,000

Prepaid expense                   $37,000

Investments

Marketable securities  $27,000

Land                               $25,000   $52,000

Property, plant & equipment

Land                           $105,000

Buildings                    $325,000

Equipment                  $85,000

Less:

Accumulated depreciation -$135,000

Net property, plant & equipment     $380,000

Intangibles

Copyright                                          $17,000

Total assets                                      $695,000

Liabilities & shareholder equity

Current liabilities

Account payable                        $70,000

Interest payable                          $15,000

Unearned revenue                     $25,000

Note payable                              $110,000

Current maturities                      $55,000

Total current liabilities                $275,000

Long term liabilities

Note payable                               $110,000

Shareholder equity

Common stock           $250,000

Retained earnings      $60,000

Total shareholder equity               $310,000

Total liabilities & shareholder equity $695,000

Working notes

Accumulated depreciation = building + equipment

= $105,000 + $60,000

= $695,000

The note payable is

= $55,000 × 2

= $110,000

6 0
2 years ago
a consumer's line or constraint shows various combinations of two products that can be purchased with a specific amount of incom
Umnica [9.8K]

A client's line or constraint suggests diverse mixtures of products that may be purchased with a particular amount of income Budget Line shows all the bundles/combinations of two commodities that a consumer can buy with the given income at a given set of prices.

The definition of income is the quantity of money obtained by way of someone, group, or corporation in the course of a certain time period. An example of earnings is a $70,000 a 12 months income. For most people, profits manner their overall profits in the shape of wages and salaries, the return on their investments, pension distributions, and different receipts.

Various mixtures of profits assets may be used to derive this type. as instance, at the maximum precise degree, the profits sources are blended into five components: wages and salaries, self-employment income (farm and non-farm), government switch payments, investment earnings, and other profits.

Learn more about income here:

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4 0
1 year ago
Jaronda founded Diamond Communications Inc. in 1993. Ten years later, the company went public. Despite Jaronda's death in 2005,
Solnce55 [7]

Answer: C. separation of legal ownership and management control

Explanation: Public traded company can go on with their operation undisturbed when the founder dies, because there is separation of ownership from management of the company.

Public traded companies usually have a board which management report to, the board is the highest decision making body in the company.

7 0
3 years ago
One approach to organization is putting activities that are similar under one person. ________ called this ""unity of direction.
IgorLugansk [536]

Answer:

Explanation:

One approach to organization is putting activities that are similar under one person. Fayol called this ""unity of direction."" . Fayol was the first person who outlined the functions of management. He has fourteen principles of management; Unity of directions is one of the principle which narrates that  One boss, one plan for a group, of activities having the same objective. As unity of direction principle, it leads all the members of the organization towards a common goal to achieve its objective.

5 0
3 years ago
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