In the context of open-end mutual funds, the net asset value per share(NAVPS) is computed by:
A. dividing the total value of the fund's cash, securities, and other assets by the value of the coupon rate and the firm's liabilities.
B. dividing the capital gains by the number of fund shares outstanding.
C. dividing the accumulated value of the fund's assets by the current yield.
D. dividing the total value of the fund's cash, securities, and other assets by the number of fund shares outstanding.
Answer: D
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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8738.00. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1449.87. What is the total amount of taxes withheld from the Portia's earnings? (Round your intermediate calculations to two decimal places.)
A. $2118.33 B. $2552.33 C. $2172.00 D. $3621.87 E. $1576.57
Which sentence is punctuated correctly?
A) The employees who will be attending the conference? are: Jeff Jenson, Paula Hendrickson, and Steven Mayer. B) ?My favorite pasttimes include: gardening, golfing, and cooking. C) Theresa uses these social networking sites in the job-search process: Twitter, LinkedIn, and Facebook.
Customers substituting the firm's product for a competitor's product is
A) market growth. B) stealing share. C) forward selling. D) forward buying.
Refer to the table. What is the appropriate distribution for the variable "Monthly operating costs"?
A) continuous uniform B) discrete uniform C) normal D) binomial E) triangular