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jok3333 [9.3K]
2 years ago
7

ABC's investment managers buy an assortment of stocks and bonds or other investments and then repackage them into different prod

ucts investors may wish to purchase. The company then sells shares of their ________ to interested investors.
Business
1 answer:
almond37 [142]2 years ago
7 0

Answer:

The correct word for the blank space is:  Mutual Fund.

Explanation:

Mutual funds are investment vehicles that consist of a mix of different assets such as stocks, bonds or other securities portfolios. Mutual funds offer exposure to diversified, professionally managed investments for small or individual investors at a low price.

You might be interested in
If the local government tells gas stations that they are not allowed to change the price of gas for three weeks during hurricane
castortr0y [4]

Answer:

The correct answer is B. Consumers will be unable to buy all the gas they want at the temporary price ceiling price.

Explanation:

At the time that the offer is recent for price control, demand can be stimulated by the existence of a more reasonable and affordable price for the consumer, so that there is an excess of demand against supply, which is It would imply that it should result in an increase in prices that should lead to an optimum level or breakeven point being reached at any given time, a situation that will not occur precisely because of price control.

By resenting the offer while increasing demand, despite the possible shortage, this shortage does not result in a price increase that would be normal, precisely due to the hand of the state that prevents free market development , since it restricts one of the factors that energizes it, which is the price.

The price of goods and services, as well as can increase or decrease the supply, can also increase or decrease demand, a game that alone should maintain a price that satisfies both consumers and producers, but when price control is introduced , only consumers will be satisfied, a situation that causes bidders to stop producing.

6 0
2 years ago
4. As of November 1, 1999, the exchange rate between the Brazilian real and U.S. dollar is R$1.95/$. The consensus forecast for
vaieri [72.5K]

Answer:

Forecast exchange rate = $2.29(Approx)

Explanation:

Given:

Exchange rate = $1.95

Inflation rate difference = 2.6% - 20% = 17.4%

Computation:

Forecast exchange rate = 1.95 / (1-17.4%)

Forecast exchange rate = $2.29(Approx)

5 0
2 years ago
In a given year, Jennifer earns $50,000 and spends $40,000. During the same period, Stcve earns $30,000 and spends $27,000. If J
elena55 [62]

Answer:

The sales tax is regressive with respect to income

Explanation:

sales tax by Jennifer = 0.1*30000

                                   = 3000

tax/income = 3000/50000

                   = 6%

sales tax by steve = 0.1*27000

                                   = 2700

tax/income = 2700/30000

                   = 9%

The tax increases with decrease in income, it indeed is regressive on the whole.

Therefore, The sales tax is regressive with respect to income

6 0
2 years ago
The ending inventory of finished goods has a total cost of $9,000 and consists of 600 units. If the overhead applied to these go
Talja [164]

Answer:

direct material = $2,000

so correct answer is B. $2,000

Explanation:

given data

total cost = $9,000

consists = 600 units

overhead apply = $3,000

overhead rate = 75% of direct labor

solution

we get here Direct Labor that is

Direct Labor = \frac{3000}{0.75}

Direct Labor = $4000

and we apply here Total Cost that is

Total Cost = direct material + overhead  + Direct Labor   ..........1

put here value

$9,000  = direct material + $3,000 + $4,000

solve it we get

direct material = $2,000

so correct answer is B. $2,000

3 0
2 years ago
On January 1, 2021, Gundy Enterprises purchases an office building for $316,000, paying $56,000 down and borrowing the remaining
andreyandreev [35.5K]

Total Payments      $378,542.00

Actual Payment on loan     $260,000.00

Interest Expenses          $118,542.00

<u>Explanation</u>

Date           General Journal            Debit            credit

1-Jan-18

                          Office                      $316,000

                             Cash                                              $56,000

                       Mortgage Payable                             $260,000

                (To record buying office)

2.  Amortization Schedule:

Date         Cash Paid         interest expense    Decrease in            Carrying

                                                                           value                         value

1/1/2018          0                        0                             0                          260000

1/31/2018        3154.52           1733.33                  1421.19                  258578.81

2/28/2018      3154.52          1723.86                 1430.66                  257148.15

Date     General Journal                   Debit                    Credit

1-Jan-18

             Mortgage Payable   $1,421.19

                    Interest expenses   $1,733.33

                            Cash                                                 $3,154.52

(To record first month payments)

          Interest Expenses                      Reducing the carrying value

First Payment   $1,733.33                                         $1,421.19

4. Total Payments      $378,542.00

Actual Payment on loan     $260,000.00

Interest Expenses          $118,542.00

 

8 0
2 years ago
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