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3 years ago

What is economics and how do go about doing economics

Business

1 answer:

V125BC [204]3 years ago

3 0

Economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth.

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An investor purchases 1,000 mutual fund shares with a Net Asset Value of $10 each, where the fund imposes a 5% contingent deferr

Ad libitum [116K]

Answer:

B. $9,600

Explanation:

Calculation to determine the amount he or she will receive

Amount Received=(1000*$10)*[100%-( 5% contingent deferred -1%Decrease in sales charge)

Amount Received=$10000-(100%-4%)

Amount Received=$10000*96%

Amount Received=$9,600

Therefore he or she will receive $9600

4 0

3 years ago

The __________ assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misr

Finger [1]

The SAFE act assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misrepresentation, deceit, or conversion of trust funds in a transaction.

This was the act in the United States that made it mandatory for houses to be registered and licensed.

The act is based on houses that are used as residences. The full meaning of the act is the Secure and Fair Enforcement for Mortgage Licensing Act.

The main purpose of the SAFE act is to try to ensure that consumers are protected and also help in the reduction of fraud. This would be done by setting a standard for licensing and the originators of mortgage loans.

Hence the correct answer to the question is the SAFE act.

Read more on court judgement here; brainly.com/question/14077067

#SPJ1

4 0

2 years ago

LUVFINANCE, Inc. is estimating its WACC. It is operating at its optimal capital structure. Its outstanding bonds have a 12 perce

11111nata11111 [884]

Answer:

9.72%

Explanation:

Maturity = 34

Par-value = -1000

Coupon rate = 6%

Coupon PMT = -60

Value of bond = 1152

Semi-annual Yield = Rate(34, -60, 1162, -1000, 0, 0)

Semi-annual Yield = 5.00%

Annual Yield = 10%

Tax rate = 40%

After tax cost of debt = 10*(1-0.4)= 6%: Add: Flotation cost (5%) = 11%

Cost of preferred stock = Dividend/Price = 12/120 = 10%

Cost of equity = Risk free rate + Beta*Market risk premium

Cost of equity = 3.72 + 0.94*6

Cost of equity = 9.36%

Particulars Value per No of Market Weight Cost of Product

security securities value security

Bonds 1162 100000 116200000 0.15784 11 1.736213

P. stock 120 1000000 120000000 0.16299 10 1.62999

Equity 100 5000000 500000000 0.6792 9.36 6.35697

736200000 1 9.72317

So, the WACC of the firm is 9.72%

3 0

2 years ago

Ticketsales, Inc., receives $7,720,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket

kvasek [131]

Answer:

When revenue has been received but the service has not been rendered, the revenue will not be recognized and will instead be treated as a liability called unearned revenue.

Date Account Title Debit Credit

Oct. 31 Cash $7,720,000

Unearned Ticket revenue $7,720,000

Date Account Title Debit Credit

Nov. 5 Unearned Ticket Revenue $1,930,000

Ticket Revenue $1,930,000

Working

Ticket revenue = 1/4 * 7,720,000

= $1,930,000

5 0

3 years ago

Which of the following would not be listed under cash outflows in a financial plan? a. car payments b. insurance premiums c. int

Tems11 [23]

Answer:

The answer is C. interest earned

Explanation:

Cash inflow is the money going into the business while cash out is the money going out of the business.

Car payment is an outflow. Money is going out to acquire a car.

Insurance premium is an outflow. Money is going out by purchasing an insurance package.

Mortgage payment is also an outflow.

Only interest earn is an inflow. Money is coming maybe from an investment that has happened in the past.

8 0

2 years ago