m
Homework Answers
Correct option : NAV = Networth/outstanding stocks
By the formula, Net asset value is equals to the fund assets minus find liability by total number of outstanding shares.
Correct option D. both A and C
Among the seven basic principles of all insurance companies one is that there must be a relationship between the insured and the beneficiary and the other is the loss must be quantifiable.
The loss must be quantifiable because without that the insurance company cannot calculate the the actual damage and the payment that has to be made to recover the damage.
There must be a strong relation between the insured and the beneficiary because in case of life insurance if the beneficiary is not in a relation with the insured person then after the death the benefits of the life insurance cannot be transferred to the person without any valid documentation.
Please don't forget to rate the answer if its helpful, thank you.
Add Answer to:
m
The formula for computing the net asset value (NAV) of a mutual fund is: NAV=...
QUESTION 23 There are seven basic principles all insurance companies are subject to and include___- OA)...
QUESTION 23 There are seven basic principles all insurance companies are subject to and include___- OA) there must be a relationship between the insured and the beneficiary. OB) the insured can profit as a result of the insurance coverage. OC) the loss must be quantifiable. both A) and C) QUESTION 24 A(n) ___is the amount of any loss that must be paid by the insured before the insurance company will pay anything. annutiy deductable O coinsurance
3) Consider a no-load mutual fund with the net asset value (NAV) of $10 at the...
3) Consider a no-load mutual fund with the net asset value (NAV) of $10 at the start of the year. At the end of the year, the mutual fund has $240 million in assets with 22 million shares and its total expense ratio is 1%. 1) What is the NAV at the end of the year? Please take into account the expense ratio.(20points) During the year investors have received income distributions of Si per share and capital gain distributions of...
the net asset value of a mutual fund that is worth $100 million, has liabilities of...
the net asset value of a mutual fund that is worth $100 million, has liabilities of $5 million and has 5 million shares is
PLEASE HELP WITH ENTIRE EXERCISE A) You invested $50,000 in a mutual fund at the beginning...
PLEASE HELP WITH ENTIRE EXERCISE
A) You invested $50,000 in a mutual fund at the beginning of the
year when the NAV was $68.23. At the end of the year, the fund paid
$0.32 in short-term distributions and $0.49 in long-term
distributions. If the NAV of the fund at the end of the year was
$72.59, what was your return for the year?
B)
A closed-end fund has total assets of $510 million and liabilities of $290,000. Currently, 29 million...
Suppose that at the start of the year, no-load mutual fund has a net asset value...
Suppose that at the start of the year, no-load mutual fund has a net asset value of $27.80 per share. During the year, it pays its shareholders a capital gain and dividend distribution of $1.16 per share and finishes the year with an NAV of $30.18. a. What is the return to an investor who holds 258.156 shares of this fund his (nontaxable) retirement account? Do not round intermediate calculations. Round your answer to two decimal places. b. What is...
objective risk excepr: O All fthe following are methods used by ingurance are methods used by...
objective risk excepr: O All fthe following are methods used by ingurance are methods used by insurance companies to A. safety education programs. C. investment in investment grade securities only D. use of deductibles. selective underwriting of insureds of: 7. A life insurance company needs more liquidity when selling a high proportion A. one-year renewable term policies B. annuities. C, thirty-year term policies D. whole life policies. one of the following statements about universal life insurance is not true? A....
Jennifer is interested in the mutual fund RBC U.S. Index Fund – Series A. She has...
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...
Need formula for ratios. Dec. 31, 2017 Dec 31, 2016 $ 687,521 $ 759,984 5,519 329,986...
Need formula for ratios.
Dec. 31, 2017 Dec 31, 2016 $ 687,521 $ 759,984 5,519 329,986 2,105,662 538,202 47,518 175,853 3,884,742 4,859,424 967,781 19,816 55,947 109,073 75,889 9,972,672 285,106 2,076,261 499,917 52,574 174,491 3,853,852 4,759,197 981,593 53,391 167,729 74,478 9,890,240 Consolidated Balance Sheets - USD ($) $ in Thousands 2 Current assets: 3 Cash and cash equivalents 4 Marketable securities 5 Accounts receivable, net 6 Finance receivables, net 7 Inventories 8 Restricted cash 9 other current assets 10 Total current...
I am working on doing an analysis of a company for my accounting class. can you...
I am working on doing an analysis of a company for my accounting
class. can you please review what I have and correct what I have
wrong. Also, Help me with the ones I have left blank as I can not
find the right information to solve these. Thank you so much!!
Ratio:
Formula:
Year:
Formula:
Total:
Current Ratio:
Current Assets / Current Liabilities
2018
566,951 / 379,743
1.49
Acid-Test Ratio
Cash + Short- Term Investments + Current Receivables /...
this is all the information given Personal Financial Planning Mini-Case Jeff and Mary Douglas, a couple...
this is all the information given
Personal Financial Planning Mini-Case Jeff and Mary Douglas, a couple in their mid-30s, have two children - Paul age 6 and Marcy age 7. The Douglas' do not have substantial assets and have not yet reached their peak earning years. Jeff is a general manager of a jewelry manufacturer in Providence, RI while Mary teaches at the local elementary school in the town of Tiverton, RI. The family needs both incomes to meet their...
QUESTION 23 There are seven basic principles all insurance companies are subject to and include___- OA) there must be a relationship between the insured and the beneficiary. OB) the insured can profit as a result of the insurance coverage. OC) the loss must be quantifiable. both A) and C) QUESTION 24 A(n) ___is the amount of any loss that must be paid by the insured before the insurance company will pay anything. annutiy deductable O coinsurance
3) Consider a no-load mutual fund with the net asset value (NAV) of $10 at the start of the year. At the end of the year, the mutual fund has $240 million in assets with 22 million shares and its total expense ratio is 1%. 1) What is the NAV at the end of the year? Please take into account the expense ratio.(20points) During the year investors have received income distributions of Si per share and capital gain distributions of...
PLEASE HELP WITH ENTIRE EXERCISE
A) You invested $50,000 in a mutual fund at the beginning of the
year when the NAV was $68.23. At the end of the year, the fund paid
$0.32 in short-term distributions and $0.49 in long-term
distributions. If the NAV of the fund at the end of the year was
$72.59, what was your return for the year?
B)
A closed-end fund has total assets of $510 million and liabilities of $290,000. Currently, 29 million...
Suppose that at the start of the year, no-load mutual fund has a net asset value of $27.80 per share. During the year, it pays its shareholders a capital gain and dividend distribution of $1.16 per share and finishes the year with an NAV of $30.18. a. What is the return to an investor who holds 258.156 shares of this fund his (nontaxable) retirement account? Do not round intermediate calculations. Round your answer to two decimal places. b. What is...
objective risk excepr: O All fthe following are methods used by ingurance are methods used by insurance companies to A. safety education programs. C. investment in investment grade securities only D. use of deductibles. selective underwriting of insureds of: 7. A life insurance company needs more liquidity when selling a high proportion A. one-year renewable term policies B. annuities. C, thirty-year term policies D. whole life policies. one of the following statements about universal life insurance is not true? A....
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...
Need formula for ratios.
Dec. 31, 2017 Dec 31, 2016 $ 687,521 $ 759,984 5,519 329,986 2,105,662 538,202 47,518 175,853 3,884,742 4,859,424 967,781 19,816 55,947 109,073 75,889 9,972,672 285,106 2,076,261 499,917 52,574 174,491 3,853,852 4,759,197 981,593 53,391 167,729 74,478 9,890,240 Consolidated Balance Sheets - USD ($) $ in Thousands 2 Current assets: 3 Cash and cash equivalents 4 Marketable securities 5 Accounts receivable, net 6 Finance receivables, net 7 Inventories 8 Restricted cash 9 other current assets 10 Total current...
I am working on doing an analysis of a company for my accounting
class. can you please review what I have and correct what I have
wrong. Also, Help me with the ones I have left blank as I can not
find the right information to solve these. Thank you so much!!
Ratio:
Formula:
Year:
Formula:
Total:
Current Ratio:
Current Assets / Current Liabilities
2018
566,951 / 379,743
1.49
Acid-Test Ratio
Cash + Short- Term Investments + Current Receivables /...
this is all the information given
Personal Financial Planning Mini-Case Jeff and Mary Douglas, a couple in their mid-30s, have two children - Paul age 6 and Marcy age 7. The Douglas' do not have substantial assets and have not yet reached their peak earning years. Jeff is a general manager of a jewelry manufacturer in Providence, RI while Mary teaches at the local elementary school in the town of Tiverton, RI. The family needs both incomes to meet their...
Most questions answered within 3 hours.
-
Determine the heat of combustion (ΔH2) for propane
(C3H8) using the bond energy table. HINT: you’ll...
asked 8 minutes ago -
1 Give the host id in binary for the following IP addresses
(assuming classful):
a) 130.11.6.9...
asked 9 minutes ago -
A concert loudspeaker suspended high off the ground emits 32 W
of sound power. A small...
asked 12 minutes ago -
WRITE A JAVA PROGRAM THAT READS DATA FROM A .CSV FILE
!!
PLEASE SEE INSTRUCTIONS BELOW...
asked 17 minutes ago -
Short essay, about 500 words that is structured like the
examples from the business world you...
asked 14 minutes ago -
A billiard ball moving at 6.00 m/s strikes a stationary ball of
the same mass. After...
asked 16 minutes ago -
From past history, the scores on a statistics test are normally
distributed with a mean of...
asked 48 minutes ago -
Calculate the gravitational field strength on the highest peak
of Everest (8848 m above the Earth).
asked 48 minutes ago -
the energy value of carbohydrates is 4.0 cal/g. calculate the
energy in 250 g of carbohydrates,...
asked 51 minutes ago -
i
need the summary of this article “Why I Don’t Trust The Video Games
Cause Violence”...
asked 1 hour ago -
Draw the reactants and products of the following
reaction:
3-ethyl-2-heptene + HOH → 3-ethyl-3-heptanol +
3-ethyl-2-heptanol...
asked 1 hour ago -
Determine the ratio of adipic acid and butylene glycol that
should be used to obtain a...
asked 1 hour ago