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NEW QUESTION: 1
Operating expenses for closed-end funds include:
I). load fees for purchase or sale of shares.
II). large allowances for marketing.
III). the discount of security value from NAV.
A. I and II.
B. II and III.
C. None of these answers.
Answer: C
Explanation:
Operating expenses for closed-end funds would not include load fees or marketing expenses since the number of shares of the fund is fixed and the shares are publicly traded. The premium/discount of the market price relative to the NAV is not an operating expense.
NEW QUESTION: 2
You deploy a wireless network that supports location-based services. After the deployment, location accuracy is lower than expected. Which feature can you use to increase the location accuracy?
A. site survey
B. location readiness
C. site calibration
D. location planning
Answer: C
NEW QUESTION: 3
An analyst has gathered the following information about a company:
Balance Sheet
Assets Cash 100 Accounts Receivable 750 Marketable Securities 300 Inventory 850 Property, Plant &
Equip 900 Accumulated Depreciation (150) Total Assets 2750
Liabilities and Equity Accounts Payable 300 Short-Term Debt 130 Long-Term Debt 700 Common Equity
1 000 Retained Earnings 620 Total Liab. and Stockholder's equity 2750
Income Statement
Sales 1500 COGS 1100 Gross Profit 400 SG&A 150 Operating Profit 250 Interest Expense 25 Taxes 75
Net Income 150
What is the inventory turnover ratio?
A. 0.77.
B. 1.59.
C. 1.29.
Answer: C
Explanation:
Inventory turnover = 1100(COGS)/850(inventory) = 1.29
NEW QUESTION: 4
A. Option B
B. Option C
C. Option A
Answer: A,C
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