Discuss why a mutual fund family may find it beneficial

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Discuss why a mutual fund family may find it beneficial to offer 50 or 60 different stock mutual funds. 

Reference no: EM131128296

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Prepare the stockholders equity section : Fifty thousand shares of preferred and 200,000 shares of common stock are authorized.
Discuss why a mutual fund family may find it beneficial : Discuss why a mutual fund family may find it beneficial to offer 50 or 60 different stock mutual funds.
The following accounts and their balances appear : Prepare the Stockholders' Equity section of the balance sheet as of June 30. Forty thousand shares of common stock are authorized, and 875 shares have been reacquired.
Prepare the paid in capital portion of the stockholders : Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet. There are 250,000 shares of common stock authorized and 20,000 shares of preferred stock authorized.
Distinguish between an open and closed end mutual fund : Distinguish between an open- and closed-end mutual fund.
What is the balance in paid in capital from sale : Sweet Water Inc. bottles and distributes spring water. On July 15 of the current year, Sweet Water Inc. reacquired 24,000 shares of its common stock at $60 per share.

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