Answer:
b. $6,600,000
Explanation:
The computation of the fee is shown below:
= Annual management fee + performance management fee
where,
Annual management fee = $400 million × 0.01 = $4 million
And, the performance management fee
= Incentive percentage × hedge fund × excess return
= 20% × $400 million × 3.25%
= $2.6 million
The excess return is
= {($445 million - $400 million) × $400 million - 8%}
= 11.25% - 8%
= 3.25%
So, the fee is
= $4 million + $2.6 million
= $6.6 million or $6,600,000
Answer:
since i chose inflation risk and that was incorrect the only other logical option for me would be option B. Interest rate risk
Explanation:
The correct answer is B. Pre-construction.
Pre-construction is the project which is done before construction starts.
In pre-construction a person evaluates the documents which are being associated with the project.
The person evaluates equipment and material expenses what they will cost, and time when the construction will be finished.
Answer:
Structurally unemployed
Explanation:
Structural unemployment occurs due to changes in economic situations, or a mismatch of available jobs and available skills. Structural unemployment takes a long time to resolve as it may involve retraining of individuals. Advance in technology has contributed most to this form of unemployment as machines and robots are replacing human beings.
For Brent, the employer has shifted to Asia due to economic benefits available there. Probably, other firms in that industry have relocated, that's why Brent is unable to find another job. Brent's skills do not match the currently available positions in his town.
Answer:
Total expending 21,320
Explanation:
Assuming the administrative expense are also paid on cash during the period
1,300 units x $4.20 = 5,460 Variable expending
19,240 fixed cost - 3,380 depreciation (non-monetary) = 15,860 Fixed expending
Total expending 5,460 + 15,860 = 21,320
<u>Remember:</u>
Depreciation and amortization are non-monetary term, they don't involve a cash disbursement.