What is the management expense ratio (MER)?
What will be an ideal response?
The combined total operating fees and management fees of a mutual fund.
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Robertson traded in an old plant asset for a newer model that would be more productive and efficient. Data relative to the old and new plant assets follow: Old Plant Asset Original cost $10,000 Accumulated depreciation of 7,000 Fair value 2,000 New Plant Asset List price 13,000 ? Robertson paid $10,500 cash in the trade. What should be the cost of the new plant asset for financial accounting
purposes? A) $12,000 B) $12,500 C) $13,500 D) $13,000
Use the information in Scenario 9.3. What is the economic order quantity for the XO-01?
A) less than or equal to 100 units B) greater than 100 units but less than or equal to 180 units C) greater than 180 units but less than or equal to 250 units D) greater than 250 units
A neighborhood sportswear store sells a pair of Victoria sneakers for $40. Due to the recent fitness craze, these shoes are in high demand: 50 pairs of shoes are sold per week
The ordering cost is $20 per order, and the annual holding cost is 20% of the selling price. If the store operates 52 weeks a year, what can you say about the current lot size of 235? A) too large B) too small C) just right D) cannot tell from the information given
Apple, Inc. custom orders the microprocessors for its iMac, iPhone, and iPad. Intel makes chips for the iMac and Samsung produces Apple-designed chips for the iPhone and iPad. Intel and Samsung work with Apple to minimize costs for each of them while maximizing quality, ultimately giving customers good value for their money. This is an example of a(n)
A. make-buy decision. B. symbiotic partnership. C. supply partnership. D. exclusive dealing. E. reciprocal agreement.