A mutual fund has 400 shares of General Electric, currently trading at $15, and 400 shares of Microsoft, Inc., currently trading at $29. The fund has 1,000 shares outstanding.
a. What is the NAV of the fund? (Round your answer to 2 decimal places. (e.g., 32.16))
NAV ____ $
b. If investors expect the price of General Electric to increase to $20 and the price of Microsoft to decline to $14 by the end of the year, what is the expected NAV at the end of the year? (Round your answer to 2 decimal places. (e.g., 32.16))
Expected NAV ______$
c. Assume that the price of General Electric shares is realized at $20. What is the maximum price to which Microsoft can decline and still maintain the NAV as estimated in (a)? (Do not round intermediate calculations.)
Maximum price ______$

The changing dynamics of the labour market and societal variables are primarily responsible for the rise in the civilian labour force participation rate between 1965 and 2000.

The rising percentage of women in the workforce during this time was one important aspect. More women have entered the workforce as a result of the growth of feminism, shifting cultural standards, and improved educational options for women. Additionally, during this time, there were more job openings due to the general economic growth and expansion, which attracted people who had not previously been actively looking for work. Moreover, as new sectors and jobs emerged that required a larger workforce, technological and automation improvements also had a role in the rise in labour force participation.

To know more about labour force participation, here

brainly.com/question/32251752

#SPJ4

Self-employment provides strong earning potential as people have more control over their own progression. Going hand-in-hand with the flexible lifestyle, individuals who work for themselves can go over and above to work long hours on some days, network, and reap the benefits of their hard work.

Booker T. Washington's statement "The opportunity to earn a dollar is more important than to spend a dollar at an opera house" means that working to make a living is more important than spending one's money on luxuries.

This statement reflects Washington's views on education and economic empowerment. Washington believed that education was essential for achieving economic empowerment. He also believed that African Americans should focus on acquiring practical skills and vocational education to become financially self-sufficient.

According to him, it was more important for Black people to learn practical skills that would enable them to earn a living rather than to engage in liberal arts education. The Black community could achieve economic empowerment by establishing businesses and becoming financially self-sufficient.

To know more about opportunity visit:

https://brainly.com/question/29341508

#SPJ11

Tito has committed the crime of Fraud.The situation that has been described in the question is a classical example of fraud. As per the situation given, Tito receives a check for $10,000 made out to Compu-plus. Tito, in reality, owns the Compu-plus, but he deposits this check in his personal account and immediately withdraws $9,500.

He uses this $9,500 as a down payment on a luxury car. Now, if we look into the situation, Tito has been dishonest with Sam. He received the $10,000 in the name of the Compu-plus, but he didn't invest this money in the company. Instead, he used this money for his personal benefit. This action of Tito comes under fraudulent behavior.

Therefore, the correct answer is option (B) Fraud. Simply put, Fraud is an illegal act in which an individual deceives others by giving false information or providing misleading information for personal benefits. It's often described as a crime that involves lying, stealing, and cheating.

Fraudsters are people who try to make a profit or gain an advantage through dishonest means. They often prey on unsuspecting individuals or businesses, sometimes with devastating consequences.

To know more about Fraud refer here :

https://brainly.com/question/14971645#
#SPJ11

Taxpayers can protect themselves from incurring an underpayment penalty by ensuring that they make timely and accurate payments of their taxes throughout the year. This can be done by making estimated tax payments, adjusting their withholding amounts, and keeping track of their income and expenses. If taxpayers are unsure about their tax obligations, they can seek the advice of a tax professional. By taking these steps, taxpayers can avoid the penalty for underpayment of estimated tax and reduce their overall tax liability.

to know more about the penalty:

https://brainly.com/question/21023923

#SPJ11

Answer:B

Explanation:

A deductible is the amount you owe before insurance pays. Example: If your car insurance has a $500 deductible and you have a fender bender (wreck) let’s say it will cost $2,000 to fix your car. You will pay the $500 deductible and your car insurance company will pay the remaining $1,500

Cullumber Company deducts insurance expenses of $177,000 for tax purposes in 2021, but the expense is not recognized for accounting purposes.

To calculate the income tax expense for 2021, we need to determine the taxable income and apply the tax rate. Since the insurance expense of $177,000 is deductible for tax purposes in 2021, it will reduce the taxable income. The taxable income can be calculated by subtracting the deductible insurance expense from the accounting income.

Given that the income taxes payable at the end of 2021 are $158,000, it implies that the income tax expense for 2021 should be equal to the income taxes payable. This is because income taxes payable represent the tax liability that has been recognized for the year.

Therefore, the amount of income tax expense for 2021 is $158,000. This is determined by the income taxes payable at the end of the year and is not affected by the deductible insurance expense or any other factors.

Learn more about accounting here:

https://brainly.com/question/14138124

#SPJ11

Answer:

Hey will you marry me? serious question

Explanation:

It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.

Answer:

The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.

Answer:

Job search websites: there are specialized websites were job positions are shared everyday. In these websites, both employers and job-seeking individuals (aspiring employees) can meet and get in contact with each other.

Job fairs: job fairs are like any other fair, with the central theme being jobs. These are events where people meet in a specific place, in order to find possible employees or employers.

The two means of receiving employment information should be job search websites and job fairs.

The following information should be considered:

Learn more: brainly.com/question/16911495

The type of 3PL relationship that is characterized by a win-win relationship, driven by innovation, and characterized by gainsharing is a cooperative strategic collaboration.

This type of relationship is typically the most desirable for both parties involved, as it involves a high level of cooperation and collaboration in order to achieve mutually beneficial outcomes. In a cooperative strategic collaboration, the 3PL provider works closely with the client to identify areas for improvement and innovation, and then works together to implement new strategies and processes.

One of the key benefits of this type of relationship is that it allows both parties to share in the benefits of any improvements or cost savings that are achieved. This is typically achieved through gainsharing, which involves sharing the savings or benefits achieved through the collaboration. This creates a strong incentive for both parties to work together effectively and efficiently, as they both stand to benefit from any improvements made.

for more such questions on strategic collaboration

https://brainly.com/question/30608350

#SPJ11

The given statement "individuals are the principal taxpaying entities in the federal income tax system" is true because individuals are the principal taxpaying entities in the federal income tax system.

In the United States, individuals are responsible for paying federal income tax on their earnings, such as wages, salaries, and tips. The amount of tax an individual owes depends on their income, filing status, and other factors. In addition to individuals, other entities, such as corporations and trusts, may also be required to pay federal income tax.

You can learn more about federal income tax system at

https://brainly.com/question/4426827

#SPJ4

The effective annual rate is 15%.

The monthly interest rate is $63,750 that Ohio Valley Steel must pay in interest on the loan. Combining this with the $4,600 warehouse fee makes the monthly cost of the loan $68,350. Since the fee is paid at the end of the month, Ohio Valley Steel has use of the full $5,100,000 for the month.

The interest rate per period is 1.25%. There are 12 months in a year, so the effective annual rate is 15%.

To calculate the monthly interest rate, we have:

Monthly interest rate = Total interest / Total loan = 153,000 / 5,100,000 = 0.03 or 3%

The interest rate per period is found by dividing the monthly interest rate by 12:

1.25% = (0.03 / 12) * 100% = 0.25%

The total monthly cost of the loan is given by adding the warehouse fee and the monthly interest:

$68,350 = $63,750 + $4,600

The effective annual rate is calculated using the following formula:

EAR = (1 + r/m)^m - 1

Where:

r = interest rate

m = number of compounding periods per year

EAR = (1 + 0.0125/12)^12 - 1

= (1.00104)^12 - 1

= 0.015 or 15%

Therefore, the effective annual rate is 15%.

To learn more about rate, refer below:

https://brainly.com/question/25565101

#SPJ11

The goal of training session is to provide attendees with knowledge, skills, and understanding that they can apply in their work or personal lives.

Training is the process of teaching or learning a particular skill, knowledge, or behavior through practice and instruction. In the context of machine learning, training refers to the process of teaching a computer algorithm to recognize patterns and make predictions based on input data. During training, the algorithm is fed a large amount of data, along with the correct outputs, and it adjusts its parameters to minimize the difference between the predicted output and the actual output. This process is repeated over many iterations until the algorithm can accurately make predictions on new, unseen data. Training is a crucial step in developing effective machine learning models and is essential for a wide range of applications, from image recognition and natural language processing to self-driving cars and fraud detection.

To learn more about training, visit:

https://brainly.com/question/13556730

#SPJ1

Answer:

Waves are created when a source of energy causes a medium to vibrate. A vibration is a repeated back-and-forth or up-and-down motion. This motion is the source of the wave. Waves are classified according to how they move.

Explanation:

Answer: General questionsWhen did you start your business?Why did you decide to become a business owner?What was your mission at the start of your company?How many employees does your company have?What services or products do you offer?How do you advertise your business?

Explanation: i think it’s right

Typical queries include: When did your business begin? Why did you choose to start a business? What was the purpose of your business when it first began? How many people work for your company? What products or services do you provide? How do you promote your company?

An interview is a planned dialogue in which one party asks questions and the other replies. The term "interview" in everyday speech describes a private discussion between an interviewer and an interviewee.

The interviewee replies to queries by the interviewer by typically supplying information. The use of or distribution of that information to other audiences is entirely up to you.

This characteristic is evident in many different sorts of interviews; even when no one else is present during a witness interview or a job interview, the answers will be made available to others later on in the hiring or investigating process. Information can be exchanged in both directions during an interview.

Learn more about interview, from:

brainly.com/question/15128068

#SPJ2

Answer:

line graphs

Explanation:

line graphs aid in making PREDICTIONS about the outcomes of data that has not yet been recorded

even if data isn't perfect, a line graph can show a general pattern

Line graphs are used to track changes across time, both short and long.

When there are fewer changes, line graphs are preferable over bar graphs.

Line graphs can also be used to compare changes for multiple groups over the same time period.

Line graphs are valuable because they clearly display data variables and patterns

https://brainly.com/question/2882805

https://brainly.com/question/19696184

1. The value of the multiplier is 2.5, meaning that for every dollar spent in the new stadium, $2.5 will be generated in total output throughout the economy. 2. The impact on the economy is an increase in total output by $150 million based on the initial $60 million spent in the new stadium.

3. Implies that every dollar spent in the new stadium generates $2.22 in total output throughout the economy.

1. The value of the multiplier can be calculated using the formula: Multiplier = 1 / (1 - Marginal Propensity to Consume). In this case, the marginal propensity to consume is 0.6, so the multiplier would be 1 / (1 - 0.6) = 2.5.

2. The impact on the economy based on this multiplier is that for every dollar spent in the new stadium, $2.5 will be generated in total output throughout the economy. This means that the initial $60 million in direct new consumption will lead to a total output increase of $150 million.

3. If the marginal propensity to import is 0.1, the multiplier formula needs to be adjusted to account for imports. The modified multiplier is given by: Multiplier = 1 / (1 - (Marginal Propensity to Consume - Marginal Propensity to Import)). In this case, the marginal propensity to consume is still 0.6 and the marginal propensity to import is 0.1. Substituting these values, the multiplier becomes 1 / (1 - (0.6 - 0.1)) = 2.22.

The impact on the economy based on this modified multiplier is that for every dollar spent in the new stadium, $2.22 will be generated in total output throughout the economy. The presence of imports reduces the overall multiplier effect compared to the case without imports.

learn more about dollar spent here:

https://brainly.com/question/15298706

#SPJ11

The income statement, also known as a profit and loss statement, is a financial statement that shows a company's revenue and expenditures over a specific period of time. On the other hand, a balance sheet is a financial statement that reflects a company's financial situation at a specific point in time.

To prepare an income statement and balance sheet for Maple Moving Company for the year ended December 31, Year 2, the unadjusted balances provided for each account must be adjusted for any accruals, prepayments, and other adjustments. Once the adjustments have been made, the totals can be transferred to the income statement and balance sheet.

Excel Simulation and Excel functions can be used to prepare the financial statements of Maple Moving Company. The Cell Reference function can be used to refer to data from another cell in the worksheet. Basic Math functions can be used to perform basic mathematical operations such as addition, subtraction, multiplication, and division.

The SUM function can be used to add up the values of multiple cells. The formula for the SUM function is =SUM(cell reference 1, cell reference 2, cell reference 3...).

By using the information included in the Excel Simulation and the Excel functions described above, the unadjusted balances can be adjusted and the financial statements of Maple Moving Company for the year ended December 31, Year 2 can be prepared.

you know more about Maple Moving Company pls visit-

https://brainly.com/question/30430070

#SPJ11

When Congress passes a law requiring employers to provide a benefit that raises the cost of an employee by $4 per hour, the demand for labor will be affected. The green line (triangle symbol) on the graph will shift to the left, indicating a decrease in the demand for labor due to the increased cost. The purple line (diamond symbol), representing the supply of labor, will not shift as the mandate does not directly impact employees' willingness to supply labor.

The equilibrium wage and level of employment will change after the law is implemented. The black point (plus symbol) indicates the initial equilibrium, while the grey point (star symbol) shows the new equilibrium with a lower wage rate and decreased level of employment.

True or False: Employers and employees are made worse off by this law. True.

If the initial wage was $3 above the minimum wage, the employer mandate will decrease the equilibrium wage rate, causing employment to increase (V) and unemployment to decrease (V).

If workers do not value the mandated benefit at all, the following statements are true:

1. The wage rate will decline by less than $4.
2. Employers are worse off than before the mandated benefit.
3. The equilibrium quantity of labor will decline.
4. The supply curve of labor doesn't shift at all.
5. Employees are worse off than before the mandated benefit.

To know more about Congress click here:

https://brainly.com/question/28583709

#SPJ11

Answer:

Checklists are clear

Explanation:

checklist:-

Steps to create

Step 1: Do a “brain dump”

Step 2: Organize and prioritize tasks.

Step 3: Put them on your to-do list.

Step 4: Check off each item as you complete it.

Step 5: Continue adding items as they come up.

Given information: On March 1, 2020, ExCo's board of directors declared a cash dividend of $0.70 per common share to shareholders of record on March 10, payable-March 31. There were 130,000 shares issued and outstanding on March 1 and no additional shares had been issued during the month. Entries for March 1: Here, we need to make a record of the declaration of cash dividend on common shares of 50.70 per share. Cash dividends account is used.

The calculation of cash dividend is; Dividend per share = Cash dividend/ Number of shares Dividend per share = $0.70/130,000 shares Dividend per share = $9,100 The following journal entry will be made: Date Account Title Debit Credit Mar-01 Cash Dividends ($0.70 * 130,000 shares), 91,000 Dividends Payable 91,000 Entries for March 10:On March 10, 2020, shareholders are to be recorded. The following journal entry will be made: Date Account Title Debit Credit Mar-10, No Journal Entry Required No Journal Entry Required Entries for March 31:On March 31, 2020, dividend payment is to be recorded. The following journal entry will be made: Date Account Title Debit Credit Mar-31 Dividends Payable91,000Cash Dividends91,000. Note: In the journal entry for March 1, the dividends payable account is credited and in the journal entry for March 31, the same account is debited.

Learn more https://brainly.com/question/28390335

#SPJ11

Answer:

In this statement

Luna's statement is best scenario of consumer protecting themselves from counterfeit product scams.

As she buys only from brand producers that are authentic and pays online.

Explanation:

Journal Entries for Wilson Purchasing Date Account Titles and Explanation Debit Credit May 11, 2020 Purchases 27,000 Accounts Payable 27,000(To record the purchase of merchandise on credit)May 11, 2020 Inventory 1,700 Accounts Payable 1,700(To record the shipping charges) May 12, 2020

Accounts Payable 4,400 Inventory 3,600 Loss on Purchase Returns 800(To record the return of goods)May 20, 2020 Accounts Payable 24,570 Cash 24,000 Inventory 570(To record the payment) b. Journal Entries for Happy Sales Date Account Titles and Explanation Debit Credit May 11, 2020 Accounts Receivable 27,000 Sales Revenue 27,000(To record the sale of merchandise)May 11, 2020 Cost of Goods Sold 22,000 Inventory 22,000(To record the cost of goods sold)

Calculation for the savings of Wilson Purchasing Interest saved = (Amount paid within discount period * Discount rate) - (Amount paid within credit period * Interest rate)

Amount paid within discount period = 24,570 (which is the discounted amount)

Discount rate = 1% (since discount is 1/10)

Amount paid within credit period = 27,000

Interest rate = 4% / 365

Interest rate = 0.011%

Interest saved = (24,570 * 1%) - (27,000 * 0.011%)

Interest saved = 245.70 - 297

Interest saved = -51.30

Wilson Purchasing did not save money by borrowing enough cash to pay the balance on the last day of the discount period at an annual interest rate of 4% and paid it back on the last day of the credit period. The strategy actually cost them 51.30.

To know more about annual interest rate visit :

https://brainly.com/question/17403689

#SPJ11

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

Explanation:

Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products

Can you provide examples of your experience using [specific software/tool]? How would you handle a difficult client/customer situation? Describe a time when you successfully managed a project from start to finish.

How do you prioritize tasks when faced with multiple deadlines. Explain your approach to problem-solving and decision-making. What strategies do you use to stay organized and meet deadlines?

How do you adapt to changes in work requirements or priorities? Describe your experience in handling confidential or sensitive information.

To know more about customer visit:-

https://brainly.com/question/31192428

#SPJ11