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ivanzaharov [21]
3 years ago
5

What is a mutual fund

Business
2 answers:
zzz [600]3 years ago
7 0
Mutual eow eieité gòïèß błack
Sonja [21]3 years ago
5 0

Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.

Explanation:

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Who wants me to follow them and give them points
andrew11 [14]

Answer:

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6 0
3 years ago
Firms consider pursuing various ______ as part of their overall growth strategies.
Over [174]

Firms consider pursuing various <u>market segments</u> as part of their overall growth strategies.

<h3>What are market segments?</h3>

Market segments are the groups into which a market can be divided based on the common characteristics of the consumers.

The major market segments are based on:

  • Demographic
  • Psychographic
  • Behavioral
  • Geographic segmentation.

The purpose of creating market segments is to reach out easily to each group based on their requirements.

Thus, to enhance growth, firms embark on market segmentation.

Learn more about market segmentation at brainly.com/question/21310222

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4 0
2 years ago
On January 2, 2020, Pearl Company sells production equipment to Fargo Inc. for $52,000. Pearl includes a 2-year assurance warran
Sphinxa [80]

Answer: so when you think about it just know you can do it

Explanation:

12345678910

5 0
3 years ago
The Retained Earnings account had a beginning credit balance of $26,000. During the period, the business had a net loss $12,000,
hodyreva [135]

Answer:

$6,000

Explanation:

Data provided

Beginning credit balance = $26,000

Net loss = $12,000

Paid dividends = $8,000

The calculation of Retained Earnings account is given below:-

Retained Earnings = Beginning balance - Net loss - Dividend

= $26,000 - $12,000 - $8,000

= $26,000 - $20,000

= $6,000

So, for computing the retained earning we simply applied the above formula.

5 0
4 years ago
2. QuickDraw performs drafting services for local builders. At the end of its first year of operations, QuickDraw had performed
Step2247 [10]

Answer:

$3,500 and deferred tax liability

Explanation:

The computation of the deferred tax is shown below:

= Service performed × tax rate

where,

Service performed is $10,000

And, the tax rate is 35%

Now placing the values

The amount of deferred tax is

= $10,000 × 35%

= $3,500

This amount reflect the deferred tax liability

We simply multiplied the service performed amount with the tax rate so that the deferred tax could come

4 0
3 years ago
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