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spin [16.1K]
3 years ago
15

Which of the following institutional investors most likely must spend a target percentage of the portfolio annually?

Business
1 answer:
konstantin123 [22]3 years ago
7 0

Answer: Endowments

Explanation:

The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.

Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals

The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.

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Which is the most common ethical dilemma that financial planners face? A. method of meeting their clients B. method of charging
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The management software for your sound card has just downloaded and installed the latest driver for your sound card. After a reb
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The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.
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3 years ago
The following information applies to the questions displayed below) Serendipity Sound, Inc., manufactures and sells compact disc
OlgaM077 [116]

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  1. $25.50
  2. 90,000 units
  3. 140,000 units

Explanation:

1. Current contribution margin ratio

= (Selling price - Variable cost)/ Selling price

= (25 - 19.8) / 25

= 0.208

New Direct labor = 5.0 * ( 1 + 8%)

= $5.40

New variable cost = 19.8 + 0.4 = $20.20

To maintain 0.208

0.208 = (Selling price - 20.20) / Selling price

0.208 * Price = Price - 20.20

0.208Price - Price = -20.20

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Price = -20.20/-0.792

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2. Breakeven = Fixed Cost / Contribution Margin

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6 0
3 years ago
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