If a mutual fund's NAV is $50 and its expense ratio is 2%, what are the total expenses per share?
A) $2
B) $10
C) $1
D) $5
Answer: C
Explanation: C) $50 × 0.02 = $1
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The following information has been gathered for the Door Division: Return on investment (ROI) 15.0% Sales$120,000 Operating assets$60,000 Cost of Capital 12.0% Profit margin 7.5% What is the Door Division's residual income?
A. $1,800. B. $5,400. C. $2,700. D. $3,600.
________ are the totals observed by counting the number of respondents who are in each cross-tabulation cell
A) Observed frequencies B) Expected frequencies C) Cell column totals D) Cell row totals E) Grand totals
As workers grow older, they set their job expectations higher.
Answer the following statement true (T) or false (F)
If the opportunity cost rate is 8 percent, compounded annually, what is the present value of $8,200 due to be received in 12 years?
A. $3,068 B. $3,256 C. $3,552 D. $3,688 E. $3,854