Use the Table Below to Answer the Following Questions) The Company Recommends That No More Than $300,000 Be Invested

question 7

Multiple Choice

Use the table below to answer the following questions) .
Qualis Investments is a private limited business that manages personal financial portfolios. The company manages six mutual funds and has a client that has acquired $750,000 from an inheritance. Characteristics of the funds are given in the table below. $$\begin{array} { | c | l | c | c | } \hline & \text { Qualis Mutual Fund Data } & & \\\hline & & \begin{array} { c } \text { Expected Annual } \\\text { Return }\end{array} &\text { Risk Measure } \\\hline 1 & \text { Qualis Low-priced Stock Fund } & 7.23 \% & 11.87 \\\hline 2 & \text { Qualis Multinational Fund } & 8.42 \% & 12.62 \\\hline 3 & \text { Qualis Mid-cap Stock Fund } & 6.66 \% & 13.72 \\\hline 4 & \text { Qualis Mortgage Fund } & 2.72 \% & 3.37 \\\hline 5 & \text { Qualis Income Equity Fund } & 8.89 \% & 8.4 \\\hline 6 & \text { Qualis Balanced Fund } & 3.50 \% & 6.91 \\\hline \end{array}$$ The company recommends that no more than $300,000 be invested in any individual fund, and that at least $80,000 be invested in each of the mid-cap stock and mortgage fund. The total amount invested in the low-priced and multinational funds are at least 35% of the total investment. The client would like an average return of at least 6%. Assume that X1- X6 represent the dollar amounts invested in funds 1 through 6, respectively.
-If the unit profit on both Graystone and Lava surfboards is increased by $10, what is the Allowable Decrease for Lava surfboards?

• A) 95.00
• B) 38.46
• C) 20.00
• D) 11.11

Calculate net operating income using variable and super-variable costing methods.

Analyze the effect of production and sales volume differences on net operating income.

Comprehend the comparison between variable costing and absorption costing systems.

Calculate unit product costs under variable and absorption costing systems.

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The set of words known and used by an individual or understood within a particular language.

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A hypothetical mechanism proposed by Noam Chomsky that suggests humans are born with an innate ability to understand the principles of language.