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spin [16.1K]
1 year ago
15

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

Business
1 answer:
konstantin123 [22]1 year 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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Under Fisher, between 1993-1997, Kodak moved closer to customers when it produced and launched a digital print station to retail
ehidna [41]

Answer:

b. Forward integration.

Explanation:

<u><em>Forward integration:</em></u> is a type of marketing strategy where the company directly distribute or supply its product to the retailer,  this is done so as to be to sell directly to the retailer without going through the wholesaler. This is achieved by having warehouses that is closer to the retailers where the products can be sold to the retailers or directly selling the product to the retailer from the company.

6 0
2 years ago
Read 2 more answers
a. In the absence of money, trade would require money illusion. a double coincidence of wants. a store of value. a unit of accou
Debora [2.8K]

Answer:

a double coincidence of wants

Money provides a measuring stick with which to express relative values of goods and services, simplifying comparisons.

Money eliminates the need to find trading partners who happen to possess what you want and want what you possess.

Money enables you to specialize in tasks you're good at, knowing you can earn the money needed to buy the products of other individuals, skilled in different tasks

Explanation:

Functions of money  

1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans.

Without money, you would have to find someone that has jeans and wants to sell it and also wants what you have. This is known as double coincidence of wants

2. Unit of account : money can be used to value goods and services, For example, $20 is the value of your favourite jeans

3. Store of value : money can retain its value over the long term, this it can be used as a store of value

5 0
2 years ago
Partnership records show the following capital balances at the date of Hopkin's withdrawal: M. Hammel, $80,000; D. Hopkins, $210
12345 [234]

Answer:

The Journal entry is as follows:

D. Hopkins, Capital A/c  Dr. $210,000

          To cash A/c                                   $200,000

          To M. Hammer's Capital A/c        $5,000

          To P. Houghton's capital A/c       $5,000

(To record the amount of Hopkins Capital balance)

Workings:

Income = D. Hopkins, Capital - Cash payment after his death

             = $210,000 - $200,000

             = $10,000

$10,000 is divided equally among M. Hammer and P. Houghton.

8 0
2 years ago
Daniels Corporation uses the step-down method to allocate service department costs to operating departments.
larisa86 [58]

Answer:

C 503,980 dollars

Explanation:

\left[\begin{array}{ccccc}&General&Physical&Sales&After-sales\\$General&&2,000&27,000&14,000\\$Physical&1,000&&38,000&7,000\\$Direct \: Cost&36,550&70,300&412,500&480,880\\$Allocate G&-36,550&1,700&22,950&11,900\\$Subtotal&0&72,000&435,450&492,780\\$Allocate P&0&-72000&60,800&11,200\\$Total&&&496,250&503,980\\\end{array}\right]

We determinate each service deparment rate:

general: 36,550 / (2,000 + 27,000 + 14,000) = 0.85

we then assign cost of general department and repeat the process for physical

then for physical we do the same:

72,000 / (38,000 + 7.000) = 1.60

5 0
2 years ago
Levered, Inc., and Unlevered, Inc., are identical in every way except their capital structures. Each company expects to earn $29
Ugo [173]

Answer:

Levered -  $280,800,000

Unlevered - $398,400,000

Explanation:

The formula to compute the equity value is shown below:

Equity value = Number of outstanding shares × current worth per share

For Levered, the equity value would be

= 2,600,000 shares × $108

= $280,800,000

For Unlevered, the equity value would be

= 4,800,000 shares × $83

= $398,400,000

We simply multiply the number of outstanding shares with the current worth per share so that the equity value can come.

7 0
2 years ago
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