Compare mutual funds to exchange traded funds.
What will be an ideal response?
Answers will vary. Though they are actually created through very different processes, mutual funds and exchange traded funds (ETFs) share some similar benefits from an investor's perspective. Both allow individual investors to invest in a "market basket of securities" at a relatively low cost. Investors who buy shares of index mutual funds or index ETFs can achieve the risk-reducing benefits of diversification without having to buy a large number of stocks in separate companies. Both mutual funds and ETFs are highly liquid, meaning they can easily be converted into cash. One difference between ETFs and mutual funds is that ETFs are not as actively managed as mutual funds are and hence have lower cost and fees. You can buy and sell them at any time, with no minimum investment required-but you pay a commission to your broker every time you do.
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a. True b. False Indicate whether the statement is true or false
Organizational Behavior (OB) is considered a way of thinking.
Answer the following statement true (T) or false (F)
Cross-cultural communication ______.
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As of December 31, Year 1, Gant Corporation had a current ratio of 1.29, quick ratio of 1.05, and working capital of $18,000. The company uses a perpetual inventory system and sells merchandise for more than it cost. On January 1, Year 2, Gant purchased merchandise on account for $4,000. Which of the following statements is correct?
A. Gant's quick ratio will increase. B. Gant's quick ratio will increase and its current ratio will decrease. C. Gant's current ratio will decrease. D. Gant's working capital will increase.