The theory behind the mutual fund cash ratio is
A) mutual fund managers hold high levels of cash when they are optimistic about market conditions.
B) when mutual fund managers hold high levels of cash, they must eventually buy stocks with it.
C) when mutual fund managers hold low levels of cash they are pessimistic about market conditions.
D) when market conditions are favorable, shareholders remit more cash than the managers can invest.
Answer: B
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Exhibit 22-5 Daniel Company, having a fiscal year ending on December 31, discovered the following errors in 2016: · A collection of $12,000 from a customer for rent related to January, 2017, was recorded as revenue in 2016. · Depreciation was understated by $600 in 2016. · The January 1, 2015, inventory was overstated by $10,000. · The January 1, 2016, inventory was understated by $6,000. ·
Insurance premiums of $2,000 that relate to 2017 were expensed in 2016 when paid. ? Assume no other errors have occurred and ignore income taxes. ? Refer to Exhibit 22-5. Net income for 2016 was A) overstated by $4,600. B) overstated by $16,600. C) understated by $5,400. D) understated by $5,200.
A(n) ________ in supply uncertainty can help ________ safety inventory required without hurting product availability
A) reduction, increase B) increase, reduce C) reduction, reduce D) reduction, cancel
What does the feasible region represent?
What will be an ideal response?
K. Winter Clothing is a medium-size specialty men's and women's clothing store in a market with many other specialty stores, department stores, and discounters. It has established a reputation for offering high-quality, fashionable merchandise with quality service. K. Winter's competitive environment would best be characterized as
A. a monopoly. B. an oligopoly. C. monopolistic competition. D. pure competition. E. faceted competition.