A mutual fund has total assets outstanding of $69 million. During the year the fund bought and sold assets equal to $17.25 million. This fund's turnover rate was _____.
A. 25%
B. 28.5%
C. 18.63%
D. 33.4%
A. 25%
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With the effective interest method of amortization, the amortization of a bond discount results in a(n):
A) increase in stockholders' equity. B) decrease in liabilities. C) increase in interest expense. D) decrease in interest expense.
The ______ structure of integrating international activity groups all international activities together in a single organizational unit.
Fill in the blank(s) with the appropriate word(s).
The data below shows the number of seashells collected by different classmates
12, 9, 15, 3, 24, 12, 25, 18, 11, 5, 8, 19, 25, 23, 20, 10, 14, 16, 8, 3, 15, 7, 6, 1, 10, 19, 22, 20, 13, 7 Which frequency distribution table summarizes the data?
A poultry farmer is debating whether to acquire Rhode Island Reds or Buff Orpingtons to lay the eggs he wants to sell. The fixed costs for the Buffs would be $7500 and the variable costs per egg would be a dime per egg
The Reds would have a fixed cost of $6000 and a variable cost of fifteen cents. At what level of egg production would the poultry farmer be indifferent between Rhode Island Reds and Buff Orpingtons? A) 20,000 eggs B) 30,000 eggs C) 50,000 eggs D) 60,000 eggs