Funds that invest in a portfolio of companies from the same or closely related industries are known as
A) aggressive growth funds.
B) sector funds.
C) emerging market funds.
D) asset allocation funds.
Answer: B
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"Frugging" is considered unethical and illegal
Indicate whether the statement is true or false
The double-entry system is possible because all business transactions have at least two equal and opposite aspects
Indicate whether the statement is true or false
A social facilitation effect can be maintained if
A. group members believe that their lack of effort will go undetected. B. the culture supports individualism. C. performance goals are ambiguous. D. the task is meaningful to the people working on it. E. group members do not know each other.
Darwin Company sells glass vases at a wholesale price of $4 50 per unit. The variable cost to manufacture is $1.75 per unit. The monthly fixed costs are $8,500. Its current sales are 29,000 units per month. If the company wants to increase its operating income by 20%, how many additional units must it sell? (Round any intermediate calculations to two decimal places and your final answer to the nearest whole number.)
A) 130,500 glass vases B) 8,500 glass vases C) 34,182 glass vases D) 5,182 glass vases