As of December 31, Year 1, Gant Corporation had a current ratio of 1.29, quick ratio of 1.05, and working capital of $29,000. The company uses a perpetual inventory system and sells merchandise for more than it cost. On January 1, Year 2, Gant issued common stock at par value for $10,000 cash. Which of the following statements is correct? a. Gant's current ratio will increase. b. Gant's current ratio will decrease. c. Gant's quick ratio will decrease. d. Gant's working capital will decrease.

The riskiest element of project estimating and planning is none of the above, as it varies depending on the specific project and its unique challenges.

However, some common factors that can increase risk include inaccurate cost estimating, unrealistic productivity benchmarks, poor schedule management, and insufficient consideration of the type of project and its requirements. It is important to carefully assess and mitigate these risks in order to increase the chances of project success.
The riskiest element of project estimating and planning is often the accuracy of estimating productivity. This is because productivity directly impacts cost control, schedule, and ultimately the project's success. Inaccurate productivity estimates can lead to missed deadlines, cost overruns, and poor performance against benchmarks.

Visit here to learn more about cost overruns brainly.com/question/31420712

#SPJ11

To find the betas of the two stocks, we can use the formula:beta = (expected return - risk-free rate) / (market return - risk-free rate)beta = (0.05 - 0.07) / (0.2 - 0.07) = 0.43 alpha = 0.08 - (0.07 + 0.43 x (0.08 - 0.07)) = -0.01 or -1.00%.

The value of a stock depends on various factors, such as the company's financial performance, growth prospects, industry trends, and overall market conditions. Stocks can be bought and sold on stock exchanges, where buyers and sellers come together to trade shares.stocks can offer potential rewards, such as capital gains and dividend payments, but it also involves risks. Stock prices can be volatile, and investors can lose money if the company's performance declines or if the market experiences a downturn.

To know more about stocks visit :

https://brainly.com/question/31476517

#SPJ11

A process costing system is used by a company that c) produces homogeneous products.

This type of costing system is ideal for organizations that manufacture large volumes of identical items, such as chemicals, beverages, or food products. Unlike a job order costing system, which accumulates costs by job and is more suitable for companies producing heterogeneous products or items by special request of customers, a process costing system allocates production costs evenly across all units produced.

In a process costing system, costs are tracked through a series of connected processes or departments, and the average cost per unit is calculated by dividing the total costs incurred during a specific period by the number of units produced. This approach provides managers with valuable insights into the efficiency of each production process, allowing them to identify areas for improvement and make more informed decisions.

Overall, a process costing system is a crucial tool for companies producing homogeneous products, as it enables them to accurately determine production costs, maintain consistency in product quality, and streamline their operations. Hence, the correct answer is option c.

Learn more about process costing system here: https://brainly.com/question/30800252

#SPJ11

One solution to mitigate the issue of the cursor randomly moving when typing on the laptop keyboard would be to use a docking station and an external keyboard. Since the problem does not occur when the laptop is attached to a docking station,

This would be an effective way to prevent the issue from happening. Additionally, using an external keyboard would provide a more comfortable and efficient typing experience for the user. This solution would also be more affordable than replacing the laptop keyboard, which could be a costly repair.

To best mitigate the problem of the cursor randomly moving while typing on the laptop keyboard, you can consider adjusting the touchpad sensitivity settings or temporarily disabling the touchpad when an external keyboard is not in use. This provides an affordable alternative to replacing the laptop keyboard, especially since the issue doesn't occur when using a docking station with an external keyboard.

To know more about  affordable solution  visit:-

https://brainly.com/question/30451165

#SPJ11

Unity of command and the scalar principle are both closely related to the chain of command which refers to the formal line of authority that flows through an organization, from the highest level to the lowest level.

Unity of command means that each employee should report to only one supervisor or manager, while the scalar principle states that there should be a clear and unbroken line of authority from the top to the bottom of the organization. Both of these principles help to ensure that there is clarity and consistency in decision-making and communication throughout the organization.

Unity of command states that each employee should report to only one manager, ensuring clear lines of authority. The scalar principle refers to a clear and unbroken chain of command that extends from the top of the organization to the lowest levels. Both concepts emphasize the importance of a well-defined hierarchy in an organization.

Learn more about unity of command here,

https://brainly.com/question/989567

#SPJ11

Auditors are independent, certified professionals who verify the firm's books of accounts to unearth financial irregularities and ensure good accounting practices.

An auditor's main responsibility is to provide an objective and independent evaluation of the accuracy and completeness of a company's financial statements.

Auditors examine various financial records and documents to determine if they comply with generally accepted accounting principles. They then report their findings to management and stakeholders, providing explanations for any discrepancies found. In conclusion, auditors play a crucial role in ensuring that a company's financial statements are accurate, transparent, and in compliance with accounting standards.
Auditors are independent, certified professionals who verify a firm's books of accounts to identify financial irregularities and ensure good accounting practices. Their primary responsibility is to examine financial statements, assess the accuracy and completeness of the records, and provide an objective opinion on the financial health of the organization.
In summary, auditors play a crucial role in maintaining transparency and accountability within organizations by verifying their financial records and ensuring adherence to established accounting practices.

For more information on auditor kindly visit to

https://brainly.com/question/28457117

#SPJ11

The portfolio beta would be 1.21 (rounded to 2 decimal places).

Portfolio beta is a measure of the systematic risk of a portfolio of investments. It is calculated by taking the weighted average of the betas of the individual investments in the portfolio, with each weight equal to the proportion of the portfolio invested in that particular investment

To calculate the portfolio beta, we need to use the weighted average of the betas of each stock in the portfolio, where the weights are the percentage of the portfolio invested in each stock:

Portfolio beta = (0.22 x 0.88) + (0.23 x 0.94) + (0.42 x 1.34) + (0.13 x 1.79)

Portfolio beta = 0.1936 + 0.2162 + 0.5628 + 0.2327

Portfolio beta = 1.2053

Therefore, the portfolio beta is 1.21 (rounded to 2 decimal places).

To learn more about portfolio, click here:

https://brainly.com/question/30164711

#SPJ11

The exchange ratio that Taggart will offer in the stock swap merger with Phoenix-Durango is closest to 2.6:1.

In the stock swap merger between Taggart Transcontinental and Phoenix-Durango, Taggart will pay a 30% premium over Phoenix-Durango's premerger price. To find the exchange ratio that Taggart will offer, follow these steps:
1. Determine Phoenix-Durango's premerger price per share, which is $30.
2. Calculate the 30% premium on Phoenix-Durango's premerger price: 30% x $30 = $9.
3. Add the premium to Phoenix-Durango's premerger price to get the merger price per share: $30 + $9 = $39.

4. Determine Taggart's premerger price per share, which is $15.
5. Divide the merger price of Phoenix-Durango by Taggart's premerger price: $39 / $15 = 2.6. The exchange ratio that taggart will offer is closest to 2.6:1.
This means that for every 2.6 shares of Taggart Transcontinental, one share of Phoenix-Durango will be exchanged.

To know more about ratio click here

brainly.com/question/14325778

#SPJ11

This implies a decrease in demand for Paradise Lake lots by 200 units. Based on the given demand function for Paradise Lake's properties:Qu = 3536 - 5PL + 0.2Pc + 0.0081 + 0.0001A.

1. This function can be characterized as multivariate (since it has multiple variables: PL, Pc, and A), linear (as the variables have a power of 1), and additive (as the variables are added together).

2. The partial derivative of the function with respect to advertising expenditures (A) is found by differentiating the function with respect to A while treating the other variables as constants. In this case, the partial derivative is:

∂Qu/∂A = 0.0001

3. The mathematical symbol representing the coefficient of the price of competing lots (Pc) is denoted by the Greek letter Beta (β). In this function, the numerical value of this coefficient is +0.2.

4. If there is a $1000 decrease in the price of competing lots (Pc), the change in demand for Paradise Lake lots (Qu) can be calculated using the coefficient of Pc:

Change in Qu = 0.2 × (-1000) = -200

This implies a decrease in demand for Paradise Lake lots by 200 units.

Learn more about demand here:

https://brainly.com/question/29761926

#SPJ11

Supply-side economics focuses on tax cuts to stimulate: d. aggregate supply by increasing production.

Supply-side economics focuses on tax cuts to stimulate aggregate supply by increasing production. The idea behind supply-side economics is that by lowering taxes on individuals and businesses, there will be more incentives for people to work, save, and invest, which in turn will lead to an increase in the quantity and quality of goods and services produced in the economy. This increase in production will lead to a rightward shift in the aggregate supply curve, which will increase output and lower prices. By contrast, demand-side economics focuses on stimulating aggregate demand through government spending or monetary policy to boost consumption and investment.

Learn more about Supply-side economics refer here:

https://brainly.com/question/11773466

#SPJ11

If the skateboard firm has fixed costs amounting to $100, and the selling price of the skateboards is $80, then the firm's producer surplus is $1,305.

Producer surplus represents the difference between the price at which a product is sold and the variable costs incurred by the producer. To calculate the producer surplus, we need to determine the quantity at which the variable costs equal or exceed the selling price.

In the given table, we can observe that the selling price of the skateboards is $80. Looking at the variable costs, we find that when the quantity reaches 19 units, the variable costs equal $215, which is greater than the selling price. Therefore, the firm can produce and sell up to 19 skateboards.

To calculate the producer surplus, we subtract the variable costs corresponding to the quantity of 19 skateboards from the total revenue earned at that quantity.

The total revenue is calculated by multiplying the selling price ($80) by the quantity (19).

Total revenue = $80 × 19 = $1,520

Variable costs at quantity 19 = $215

Producer surplus = Total revenue - Variable costs at quantity 19

= $1,520 - $215

= $1,305

To know more about producer surplus, refer here:
https://brainly.com/question/32106601
#SPJ11

-$95,308.19 is the EAC at rate of 14 percent. The correct answer is option d.

To calculate the EAC (Equivalent Annual Cost) of the machine, we can use the following formula:

EAC = (P - S) / A

where P is the initial cost of the machine, S is the salvage value at the end of its useful life, and A is the annuity factor.

Given:

P = $112,000

S = 0 (assumed)

n = 2 years

i = 14%

Annual after-tax net expenses = $31,400

The annuity factor can be calculated using the following formula:

[tex]A = i / (1 - (1 + i)^(-n))[/tex]

Substituting the values, we get:

[tex]A = 0.14 / (1 - (1 + 0.14)^(-2))[/tex]

= 0.655

Now, we can calculate the EAC:

EAC = ($112,000 - 0) / 0.655 + $31,400

= $171,131.87 / year

To express this as a negative number (since it represents a cost), we add a minus sign:

EAC = -$171,131.87 / year

Rounding to two decimal places, we get:

EAC = -$95,308.19

Therefore, the answer is -$95,308.19.

The correct answer is option d.

To know more about EAC refer to-

https://brainly.com/question/31007360

#SPJ11

Complete Question

a machine costs $112,000, has a 2-year life and annual after-tax net expenses of $31,400. what is the eac at rate of 14 percent? multiple choice question.

a. -$90,543.97

b. -$87,400.00

c. -$99,416.45

d. -$95,308.19

Answer:

-$99,416.45

Explanation:

To identify the standard deviation of the residuals from a regression output, you would typically look for the value labeled as "Residual Standard Error" or "Root Mean Square Error." This value represents the average amount that the actual data points deviate from the predicted values in the regression model. In other words, it measures the spread or variability of the residuals around the regression line.

The standard deviation of the residuals is important because it tells us how well the regression model fits the data. A smaller standard deviation indicates that the model is a better fit for the data, while a larger standard deviation suggests that there may be some unexplained variability or errors in the model. Additionally, the standard deviation of the residuals can be used to estimate the precision of the model's predictions, as it represents the typical amount of error that we can expect when using the model to make predictions for new data points.

To know more regression output standard deviation https://brainly.com/question/30890318

#SPJ11

Public policies play a critical role in encouraging long-run economic growth in various sectors such as technology, human capital, and physical capital.

For instance, policies that provide tax incentives and grants to technology startups can promote innovation and create new job opportunities. Similarly, investing in education and training programs that develop human capital can lead to a skilled workforce and boost productivity.

Moreover, policies that promote infrastructure development such as highways, airports, and communication networks can improve physical capital and attract businesses to set up their operations. In summary, public policies that promote innovation, education, and infrastructure development can contribute to long-run economic growth.

To know more about Public policies,refer to the link:

https://brainly.com/question/14616070#

#SPJ11

The term for an agreement an employer makes to recognize union representation if enough employees sign to authorize it is called a card check agreement.

This type of agreement allows for employees to sign authorization cards indicating their desire for union representation, and if a majority of employees sign these cards, the employer agrees to recognize the union as the representative of the workers. The card check process is often used as an alternative to traditional union organizing campaigns, as it can be a more efficient and less confrontational way for employees to gain union representation. However, card check agreements can be controversial, as some employers argue that they can be subject to coercion and intimidation from union organizers. Overall, the use of card check agreements is an important tool for employees seeking to form unions and gain better working conditions and wages.

To learn more about employees, visit:

https://brainly.com/question/29753530

#SPJ11

The real exchange rate is 1 and the new nominal exchange rate must be 1.20 euros per dollar in order for purchasing power parity to hold.

To calculate the real exchange rate, we need to determine the price of the good (in this case, wine) in terms of the other currency.

Convert the price of wine in the United States to euros using the nominal exchange rate (0.80 euros/dollar).
25 dollars * 0.80 euros/dollar = 20 euros

Step 2: Find the real exchange rate by comparing the prices in both countries.
Real exchange rate = (Price of wine in France) / (Price of wine in the United States in euros)
Real exchange rate = 20 euros / 20 euros = 1

The real exchange rate is 1.

Now, let's find the new nominal exchange rate to maintain purchasing power parity when the price of wine in France increases to 30 euros.

Recall that the price of wine in the United States is still 25 dollars. To maintain purchasing power parity, the price of wine in both countries must be equal when converted to a common currency.

The new nominal exchange rate (let's call it 'x') that makes the prices equal.
30 euros = 25 dollars * x euros/dollar

Therefore,
x = 30 euros / 25 dollars
x = 1.20 euros/dollar

To know more about exchange rate, click here

https://brainly.com/question/29562028

#SPJ11

To break down barriers and help the team succeed, a project manager should promote open communication and collaboration while providing necessary resources and support to overcome obstacles. They should lead by example, fostering a positive attitude and perseverance.

To break down barriers and help the team succeed, a project manager must actively address and resolve obstacles.

Firstly, they should encourage open and honest communication, creating a safe space for team members to voice their concerns and ideas. This fosters trust and collaboration.

Secondly, the project manager should identify and mitigate any cultural or interpersonal conflicts within the team, promoting inclusivity and understanding.

Thirdly, they should provide clarity on goals, expectations, and roles, ensuring everyone is aligned and working towards a common objective. Additionally, the project manager should actively remove any resource or logistical constraints that hinder progress.

Lastly, they should lead by example, demonstrating resilience, adaptability, and a solution-oriented mindset to inspire the team to overcome challenges.

Learn more about project manager here:

https://brainly.com/question/29767461

#SPJ12

When a monopoly can set more prices for the same product, the smaller the deadweight loss. The correct option is a. the smaller the deadweight loss.

This is because when a monopoly can set more prices for the same product (also known as price discrimination), it can charge different prices to different consumers based on their willingness to pay. This allows the monopoly to capture more of the consumer surplus, which reduces the deadweight loss that would occur if the monopoly charged a single price to all consumers.

The deadweight loss (option a) would depend on the elasticity of demand for the product, but in general, multiple prices could lead to a smaller deadweight loss than a single high price. The effect on total welfare (option c) would also depend on the elasticity of demand and the distribution of surplus between producers and consumers. However, it is likely that the total welfare would decrease as the monopolist gains more market power through price discrimination. The correct option is a. the smaller the deadweight loss.

For more about deadweight loss:

https://brainly.com/question/13719669

#SPJ11

The growth of banking in developing countries has been a significant factor in their economic development over the past few decades. Here are some examples to illustrate this trend:

1. Mobile Banking: One of the most notable developments in banking in developing countries has been the rise of mobile banking. In countries like Kenya, Tanzania, and Bangladesh, mobile banking has become the primary mode of financial transactions for millions of people. This has led to an increase in financial inclusion and has helped to reduce poverty.

2. Microfinance: Another important development has been the growth of microfinance institutions. These institutions provide small loans to individuals and businesses that would otherwise have difficulty accessing credit from traditional banks. This has helped to spur entrepreneurship and small business growth in many developing countries.

3. Online Banking: As internet access has become more widespread in developing countries, online banking has become increasingly popular. This has enabled people to access financial services from remote areas and has made it easier for businesses to conduct transactions across borders.

4. Islamic Banking: In many Muslim-majority countries, Islamic banking has become an important alternative to traditional banking. Islamic banking operates under a different set of principles than traditional banks, which has made it appealing to many customers who prefer a more ethical approach to banking.

Overall, the growth of banking in developing countries has been a positive development that has helped to spur economic growth and reduce poverty. While there are still many challenges to overcome, such as improving financial literacy and expanding access to banking services in rural areas, the trend towards greater financial inclusion is a promising sign for the future.

Learn more about banking here:

https://brainly.com/question/14042269

#SPJ11

To adjust the decision tree for the extended timeline, we can collapse some of the identical nodes to create a more efficient representation. For example, we can group together the nodes representing Joan receiving an offer below or above her asking price but not accepting it, as well as the nodes representing no offers being made.

a. The optimal strategy for the 6-month period would be to continue to list the apartment for sale and consider any offers that come in. If an offer is made below Joan's asking price, she should counter with a slightly higher price. If an offer is made at or above her asking price, she should accept it.

b. The expected revenue of the optimal strategy would depend on the asking price and the likelihood of receiving offers. However, based on the decision tree, it seems that Joan's expected revenue would be higher than if she had aimed to sell the apartment in 2 months.

c. The optimal strategy behaves by maintaining the same asking price over time, but potentially adjusting the counteroffer price if necessary. This suggests that Joan's prices are not increasing or decreasing as time goes by, but rather she is willing to negotiate with potential buyers.

To know more about optimal strategy, visit:

https://brainly.com/question/30462583

#SPJ11

The institutions with their corresponding promises made or implied in the 1978 Xiaogang agreement among Chinese villagers. The  Xiaogang agreement was a contract signed among 18 farmers in Xiaogang village, China, which allowed them to privately farm their own plots of land and sell surplus crops for profit.

The agreement also allowed for mutual aid and assistance among villagers and the division of land among themselves. The conclusion is that the Xiaogang agreement paved the way for a huge increase in rural prosperity by promoting private property, reducing government expenditure, increasing government revenue through taxes, and creating private markets for surplus production.
- Villagers to keep and sell on the private market any production above government quota: Private Markets
- Reduced government expenditure: Each villager to keep and sell on the private market any production above government quota
- Villagers to supply any amount they are required to turn into the government taxes for increased government revenue: Taxes for increased government revenue
- Villagers to divide the land among themselves: Private Property
- Villagers to no longer ask the government for food or money: Mutual Aid and Assistance
- Villagers to raise each other's children if they cannot: Mutual Aid and Assistance

For more information on government expenditure kindly visit to

https://brainly.com/question/14209702

#SPJ11

In the short run, if a successful monopolistically competitive firm in the fashion industry has an average total cost curve that lies above the demand curve, then the firm is taking a loss. The correct answer in option D.

In a monopolistically competitive market, firms differentiate their products and have some degree of control over the price they charge. In the short run, the position of the average total cost (ATC) curve relative to the demand curve determines a firm's economic situation. If the ATC curve lies above the demand curve, it means the firm's average total cost per unit is greater than the price they can charge for their product. This leads to a situation where the firm is unable to cover its costs and thus takes a loss.

When a monopolistically competitive firm's average total cost curve is above the demand curve, it indicates that the firm is taking a loss in the short run. This is because the price they can charge for their product is lower than the cost of producing it.

To know more about ATC, visit;

https://brainly.com/question/29509552

#SPJ11

Depreciation expense for the four years ending December 31:

(a) Straight-line method:

Annual depreciation expense = (Cost - Salvage value) / Useful life in years

= ($523,200 - $43,200) / 4

= $120,000

Year 1: $120,000

Year 2: $120,000

Year 3: $120,000

Year 4: $120,000

Total: $480,000

(b) Units of activity method:

Depreciation rate per unit of activity = (Cost - Salvage value) / Total units of activity expected

= ($523,200 - $43,200) / 9,600

= $48 per hour

Year 1: $48 x 3,360 hours = $161,280

Year 2: $48 x 2,016 hours = $96,768

Year 3: $48 x 2,665 hours = $127,920

Year 4: $48 x 1,536 hours = $73,728

Total: $459,696

(c) Double-declining-balance method:

Depreciation rate = 2 / Useful life in years

= 2 / 4

= 50%

Year 1: ($523,200 x 50%) x (3,360 / 9,600) = $91,350

Year 2: ($523,200 - $91,350) x 50% x (2,016 / 9,600) = $68,512

Year 3: ($523,200 - $91,350 - $68,512) x 50% x (2,665 / 9,600) = $87,388

Year 4: ($523,200 - $91,350 - $68,512 - $87,388) x 50% x (1,536 / 9,600) = $44,266

Total: $291,516

The double-declining-balance method yields the highest depreciation expense for Year 1, with an expense of $91,350.

The double-declining-balance method also yields the most depreciation over the four-year life of the equipment, with a total depreciation expense of $291,516.

Learn more about Depreciation here:

https://brainly.com/question/15085226

#SPJ11

The Solow Model is an economic framework used to explain how an economy can achieve long-term economic growth. According to this model, the two key factors that drive economic growth are physical capital (i.e., machinery, buildings, and infrastructure) and human capital (i.e., knowledge, skills, and education).

Human capital refers to the knowledge, skills, and education of the workforce in an economy. When a country invests in education and training programs, it can improve the quality of its labor force, which can lead to increased productivity and economic growth. As such, there is a strong positive relationship between human capital and GDP per capita. In other words, countries that invest in human capital tend to have higher GDP per capita than those that do not.

Capital per capita refers to the amount of physical capital available per person in an economy. When a country has more capital per capita, it can produce more goods and services, which can lead to higher productivity and economic growth. As such, there is also a strong positive relationship between capital per capita and GDP per capita. In other words, countries that invest in physical capital tend to have higher GDP per capita than those that do not.

Overall, the Solow Model suggests that a combination of human capital and physical capital is necessary for sustained economic growth. Countries that invest in both of these factors tend to have higher GDP per capita and a higher standard of living than those that do not.

To know more about Solow Model, visit:

https://brainly.com/question/16243862

#SPJ11

Answer:The relation between human capital and GDP is direct.

Explanation: The direct relation between them states that when the GDP risies the empitalployemnt also rises which human capital.

Between 1960 and 2010, per capita generation of solid waste increased steadily. The best description of the per capita generation of solid waste between 1960 and 2010 is that it increased steadily.

The first option, stating that per capita generation was relatively constant, is incorrect, as data indicates that the amount of solid waste generated per person increased over this period.

The third option, stating that per capita generation declined after 2000, is also incorrect, as data shows that the per capita generation continued to increase after 2000.

The fourth option is partially correct in that per capita generation continued to increase after 1990, but it fails to acknowledge the steady rate of increase that occurred between 1960 and 1990.

Therefore, the second option is the best description, as it accurately describes the trend of per capita generation of solid waste over the entire period of 1960 to 2010.

It is important to note that this increase in per capita generation of solid waste has significant environmental and health implications, highlighting the need for effective waste management and reduction strategies.

To learn more about “strategies” refer to the https://brainly.com/question/24462624

#SPJ11

The Accrued liabilities represent Nike's balance sheet accounts of future cash outflows for expenses already incurred. Thus, option d is correct.

The expenses which have been incurred for a long period of time but have not yet been paid are called Accrued liabilities. They store the information on the expenses of future cash outflows that are already incurred. They include salaries and taxes payables.

It also represents the future cash flows for goods or services for the company that has received materials and not paid wages or salaries. These expenses are listed on the current liability of the balance sheet until they are paid from the company and then eliminates from the sheet.

To learn more about Accrued liabilities

https://brainly.com/question/28391467

#SPJ4

None of the above. The opportunity cost of a good is the value of the next best alternative that must be given up in order to pursue the chosen option.

It is not necessarily the same as its money price or relative price, although these factors can certainly influence the opportunity cost.

The opportunity cost of a good is best described as "none of the above" among the given options. Opportunity cost refers to the value of the next best alternative that is forgone when making a decision. It's important to understand that opportunity cost is not necessarily the same as the money price or relative price of a good, as it takes into account the value of alternatives, not just the monetary aspect.

Therefore, None of the above. The opportunity cost of a good is the value of the next best alternative that must be given up in order to pursue the chosen option.

to learn more about relative price click here:

brainly.com/question/14971735

#SPJ11

The most accurate statement regarding investment companies among the open-end funds are capable of issuing shares and redeeming shares on a daily basis. The correct option is d.

Open-end funds, also known as mutual funds, allow investors to buy and sell shares at their net asset value (NAV) directly from the fund. The fund issues new shares when investors buy in and redeems shares when investors sell, making the number of outstanding shares flexible.

Option a is not always true, as past performance does not guarantee future results. Option b cannot be generalized, as the performance of a fund depends on various factors and not just the number of managers. Option c is partially correct; while index funds are designed to mimic a specified index, they do not typically have managerial leeway in asset allocation decisions, as the primary goal is to replicate the performance of the underlying index as closely as possible. The correct option is d. open-end funds are capable of issuing shares and redeeming shares on a daily basis.

For more about investment:

https://brainly.com/question/16822436

#SPJ11

The cost of the removal of an old building to make land suitable for its intended use is typically charged to the land improvement account.

The cost of removing an old building is considered a cost of improving the land because it is necessary in order to prepare the land for its intended use. This cost would be capitalized as part of the land improvement cost, which is a long-term asset that represents the cost of making the land ready for its intended purpose. The land improvement cost is then depreciated over its useful life, which is typically between 5 and 20 years depending on the type of improvement.

Learn more about long-term asset: https://brainly.com/question/4287391

#SPJ11

The correct option is d".

Nett Investment in Capital Assets, Restricted, and Unrestricted Net Position.

To know more about Nett Investment refer here

https://brainly.com/question/13473616#

#SPJ11