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Serga [27]
2 years ago
7

The composition of the Fingroup Fund portfolio is as follows:_________.

Business
1 answer:
exis [7]2 years ago
6 0

Answer: $10.49

Explanation:

Net Asset Value is the equity of the portfolio divided by the number of shares outstanding.

Equity = Assets - Liabilities

So,

Net Asset Value = (Assets - Liabilities) / No. of shares outstanding

Assets = (200,000 * 35) + (300,000 * 40) + (400,000 * 20) + (600,000 * 25)

= $42,000,000

Liabilities will be the accrued management fee.

Net Asset Value = (42,000,000 - 30,000) / 4,000,000

= 10.4925

= $10.49

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Capri Company began the current period with a $20,000 credit balance in the K. Capri, Capital account. At the end of the period,
Triss [41]

Answer:

1. $26,400

2. $34,400

Explanation:

The closing entry for the following accounts are shown below:

1. Service fees earned A/c Dr $70,000

  Interest revenue A/c Dr        $7,000

           To Income Summary             $ 77,000

(Being revenue account closed)

2. Income summary A/c Dr $50,600

          To Depreciation Expense $8,000

          To Salaries  Expense $38,000

         To Utilities Expense $4,600

(Being expenses accounts are closed)

3. Income summary A/c Dr $26,400    ($77,000 - $50,600)

     To  K. Capri, Capital A/c         $26,400

(Being the difference is credited to the capital account)

4. K.Capri capital $12,000    

        K.Capri withdrawals $12,000

(Being K.Capri withdrawals account is recorded)

Now the balance in the income summary is shown above i.e $26,400

And, the balance of the K. Capri, Capital account would be

= Credit balance + net income - withdrawals

= $20,000 + $26,400 - $12,000

= $34,400

5 0
3 years ago
Children aged birth to 18 months do not consistently show safety awareness
Kamila [148]

Children aged birth to 18 months do not consistently show safety awareness and cannot reliably demonstrate knowledge of safe choices. So, this statement is true.

<h3>What do you mean by children?</h3>

Children refer to the young human being who is below the age of puberty or below the age of the majority.

Children aged birth to 18 months do not consistently show safety awareness and cannot reliably demonstrate knowledge of safe choices.

Therefore, the above statement is true.

Learn more about children here:

brainly.com/question/11364001

#SPJ1

4 0
2 years ago
Noah is in the process of getting organized. Which of the following actions should he take during this time? Check all that appl
Alekssandra [29.7K]

Answer:

B. Noah should put all of his important projects into a calendar that he looks at every day.

D. Noah should write down a list of all of the actions he needs to take so that he will have a reminder of what he needs to do when he needs to do it.

Explanation:

Getting organized means that one is putting things into a coherent order to enable them to be able to achieve the things they want to achieve more efficiently. An organized person is able to note the plans that they have, how they want to achieve such plans and the resources they will need to do so as well.

As Noah is getting organized, he should come up with a list of actions he will need to take to achieve his goals and write them down so that he is constantly reminded of them and it does not slip his mind.

A way to remember such actions is to put them into a calendar that he will look at every day. This will remind him that he has things to do and put the pressure on him to do so.

4 0
3 years ago
Which of the following explains why the aggregate demand curve is downward sloping?a. The interest rate effectb. The real balanc
pishuonlain [190]

<u>Answer: </u>

The interest rate effect explains why the aggregate demand curve is downward sloping.

<u>Explanation: </u>

  • The interest rate effect proposed by Keynes suggests the reasons for why is the aggregate demand curve downward sloping.
  • It states that, when the interest rates are low, people choose to invest owing to the decreased costs of investment. This investment stimulates a drop in the levels of price.
  • The dropped prices thus increase the aggregate demand for the commodities of which the price has dropped.
7 0
2 years ago
Forever Quilting is a small company that makes quilting kits priced at $120 each. There is no quantity discount. The costs of th
frutty [35]

Answer:

total revenue for the month = $18000

Explanation:

given data

makes quilting kits priced = $120 each

materials each kit total = $45

labor to assemble a kit = $5

rent and insurance = $1,000

heat and electricity = $200

advertising = $500

monthly salary = $4,500

sold = 150 kits

to find out

total revenue for the month

solution

we get here total revenue for a company that will be here product of the price

and it charge for  product and no of product it sell so It is nothing to do with cost

so now  the total revenue for the month will be

total revenue =  sold × makes quilting kits priced

total revenue = 150 × $120

total revenue for the month = $18000

7 0
3 years ago
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