What was the fund turnover

Assignment Help Financial Management
Reference no: EM13937982

A mutual fund sold $134 million of assets during the year and purchased $148 million in assets. If the average daily assets of the fund were $416 million, what was the fund turnover? (Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

  Fund turnover                 %

Reference no: EM13937982

Questions Cloud

Circuit diagrams and see that the reset affects : You need to look closely at your circuit diagrams and see that the RESET affects all three circuits, as the flip flop will be changed if the reset is faulty, this in turn will affect both other circuits, you need to go into detail with this as it ..
Calculate sales needed to achieve a profit : Calculate sales needed to achieve a profit of $1,800,000, assuming the current mix. (Round to the nearest dollar.)
What is important about light in consideration to plants : What is important about light in consideration to plants (explain for a standpoint of Photons) How is this energy harnessed and what is it used for (be Specific)
What is the premium or discount on the fund : A closed-end fund has total assets of $495 million and liabilities of $280,000. Currently, 28 million shares are outstanding. What is the NAV of the fund? If the shares currently sell for $18.45, what is the premium or discount on the fund?
What was the fund turnover : A mutual fund sold $134 million of assets during the year and purchased $148 million in assets. If the average daily assets of the fund were $416 million, what was the fund turnover?
Program that when a word is entered knows even or odd : I need a program that when a word is entered knows if the word is odd or even of characters and if it is odd it should display the word in a cross and if it's even it should display the word inverted.
Either replace or refurbish the elevator system : You want to either replace or refurbish the elevator system in an office. Referbishing: Refurbishing the elevators will cost $55,000 and extend the life of the elevators another 20 years. Replacing the elevator system will cost $140,000, with an expe..
Identify plant and animal cell structure and functions : Cellular Respiration and Photosynthesis co-exist as paired processes. Photosynthesis converts light energy into organic molecules such as carbohydrates. These molecules are picked up and utilized as fuel sources in organisms that employ Cellular R..
Gradients to determine the position of camera : Use gradients to determine the position of camera, Report follows correct structure and order: Title, Abstract, Introduction, Results and Discussion, Conclusion, References, Appendix.References correctly used

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd