Given the Following Mutual Fund Quotation, Find the 3-Year Percent $$\text { Fidelity Invest GoldInst r FGDDX } 49.26 \quad + 0.69 \quad + 16.3 \quad + 17.7$$

question 93

Multiple Choice

Given the following mutual fund quotation, find the 3-year percent change on investment. $$\text { Fidelity Invest GoldInst r FGDDX } 49.26 \quad + 0.69 \quad + 16.3 \quad + 17.7$$

• A) 49.26%
• B) 0.69%
• C) +16.3%
• D) +17.7%

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Recognize the economic impact of software piracy on vendors.

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Definitions:

Depreciation

In accounting, a process for allocating a physical asset's cost over the duration of its effective life.

Net Liquid

Refers to the amount of cash or cash-equivalents a company or individual has after accounting for all liabilities.

Operating Cash Flow

The cash generated from normal business operations, indicating whether a company is able to generate sufficient cash to maintain or expand operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.