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weeeeeb [17]
3 years ago
11

In what way are mutual funds similar to common stocks

Business
1 answer:
natali 33 [55]3 years ago
8 0

Answer:

Option C defines the similarity between the mutual funds and  common stocks

Explanation:

Common stocks is just like buying shares of a company and having certain % of share in that fund.

Like wise mutual funds are too equivalent to buying shares or stocks but not individually but with other people having proportionate sharing governed by the amount invested by each individual.

Hence, option C is correct

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Towson Company manufactures book cases, and each requires 28 board feet of lumber. Towson expects that 2,000 and 1,850 book case
MissTica

Answer :

Number board feet of lumber = 54,530

Explanation :

As per the data given in the question,

Number board feet of lumber to buy in June = Number  of units to be produced + Ending inventory required - Opening inventory  needed

= (2,000 cases × 28 board feet of lumber per case) + (1,850 cases × 35% × 28 board feet to lumber per case) - (2,000 cases × 35% × 28 board feet of lumber per case)

=56,000 board feet + 18,130 board feet - 19,600 board feet

= 54,530 board feet of lumber

We simply applied the above formula

4 0
3 years ago
As an employee of new hampshire industries, kathleen has an opportunity to invest pre-tax income in an employer-sponsored retire
nadezda [96]
Payroll savings plan( psp)
4 0
3 years ago
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Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:Hou
Nutka1998 [239]

Answer:

The delivery cycle time was 25.2 hours

Explanation:

Working notes:

Consider the following formula to solve the exercise

delivery cycle time=Wait time+Process time+Inspection time+Move time+Queue time

=(12.7+1.8+0.2+4.4+6.1)

which is equal to  = 25.2 hours.

3 0
3 years ago
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Pro
Black_prince [1.1K]

Answer:

$28,600

Explanation:

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

As such, the net operating income/loss is the difference between the sales and the total costs.

The company's net operating income (loss)

= $42,300 + $94,700 -  $108,400

= $28,600

8 0
3 years ago
Suppose that you go to a bank at which you have no account, give the bank cash, and in return obtain a check drawn against that
igomit [66]

Answer:

Cashier's check.

Explanation:

These checks are said to be quaranteed and issued in the bank by the banking institute. It contains the name of the receiver receipiant which has been inscribed in the check by the banking institute or credit union attached to the receiver also with the amount of money written on it. This amount written on it is known to be the withdrawable amount.

The cashier's check can be sent out in form of a letter, fax or even a mail to the intended persons or organisation making the withdrawal.

Here, monies which are been orders are easily secured by use of a cashier’s checks.

3 0
3 years ago
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