principal amount = $ 10000
Gross average return over 20 year = 11%
Operating expense ratio over 20 year annually = 1.5%
Net Average Return on fund over 20 year = Gross rerurn percentage - operating expense percentage
Net Average Return on fund over 20 year = 11% - 1.5%
= 9.5 %
Amount of fund after 20 years = $10000 + {10000*9.5%*20}
= $ 29000
you may put this formula in excel cell, then you will find that =Gross rerurn percentage - operating expense percentage
and apply this rate on fund
please do in excel with explanation if possible 11.1 The average equity mutual fund charges about...
Jennifer is interested in the mutual fund RBC U.S.
Index Fund – Series A. She has a few questions for
you before she buys this investment.
a) Does the reported fund’s return include the Management
Expense Ratio (MER) ? Yes or No
b) What type of fee is charged: No-load, Front-end load or a
Back-end load?
c) Is the status of this mutual fund classified as a closed-end
or open-end mutual fund?
d) Based on your response in c), explain...
509 CHAPTER 12 MUTUAL FUNDS AND EXCHANGE-TRADED FUNDS Case Problem 12.2 Calvin Jacobs Seeks the Good Life G3 G4 Calvin Jacobs is a widower who recently retired after a long career with a major Midwestern manufacturer. Beginning as a skilled craftsman, he worked his way up to the level of shop super Visor over a period of more than 30 years with the firm. Calvin receives Social Security benefits and a generous company pension. Together, these amount to over $4,500...
RATIO ANALYSIS
PLEASE ANSWER THIS USING A COMPUTER , TYPE ANSWERS ON A
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THIS LAYOUT :
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds...
PLEASE TYPE ANSWERS. DO NOT WRITE ! IT SHOULD LOOK
SIMILAR TO THIS (SEE IMAGE BELOW):
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000 $275,000 $565,000 Shareholders equity Common stock $5...
PLEASE DO THE ABOVE QUESTION SIMILAR TO THIS
:
Question 3 The recent financial statements for the Royal Caribbean Company are given below: 2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10% bonds payable Total liabilities $200,000 $300,000 $500,000 $290,000...
real estate case study
Case Problem Allen Benedict is thinking of buying an apartment complex that is offered for sale by the firm of Getz and Fowler. The price, $2.25 million, equals the property's market value. The following statement of income and expense is presented for Benedict's The St. George Apartments Prior Year's Operating Results, Presented by Getz and Fowler, Brokers 30 units, al Washer and dryer rentals Gross annual income Less operating expenses apartments, $975 per month 351,000 361,000...
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AGAIN PLEASE TYPE ANSWERS SO THEY CAN LOOK SIMILAR TO
THE ABOVE PHOTO !!
Balance Sheet for the period ending June 30 Assets 2006 2005 Current assets $21,000 $160,000 $300,000 $24,000 $162,000 $315,000 Cash Accounts receivables Inventories $9,000 $490,000 $810,000 $10,000 $511,000 Prepaid expenses Total current assets $700,000 $1,211,000 Property and equipment $1,300,000 Total assets Liabilities and shareholders equity Liabilities $200,000 $290,000 Current liabilities...
Please help with the case study comprehensive question for 5-36.
Pictures Below.
You are the loan officer at QIB responsible for determining whether BBCC's business is strong enough to be able to repay the loan. To do so, accomplish the following: a. Calculate the following ratios for 2017 and 2018, compare with the industry averages shown in parentheses, and indicate if the company is doing better or worse than the industry and whether the performance is improving or deteriorating in...
hi..please help..so i took a test and i got all of it wrong and im
not sure how to do this problems..this is Investment class..please
explain every step because im going to study using this
material.thank you
Fall 2010 4. Compare and contrast open end ve closed-end mutual funds will sell as long you want to buy the share, management comparin thom to you, while closed end mutual funds Preferred stocks on any public traced securities such as cquity, bond...
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IT CAN BE NEAT LIKE THE IMAGE BELOW !! PLEASE DO NOT WRITE. TYPE
THE ANSWER SO IT CAN BE SIMILAR TO THIS :
2006 2005 Balance Sheet for the period ending June 30 Assets Current assets Cash Accounts receivables Inventories Prepaid expenses Total current assets Property and equipment Total assets $21,000 $160,000 $300,000 $9,000 $490,000 $810,000 $1,300,000 $24,000 $162,000 $315,000 $10,000 $511,000 $700,000 $1,211,000 Liabilities and shareholders equity Liabilities Current liabilities 10%...