Use the Following Two Columns of Items to Answer the Matching

question 58

Short Answer

Use the following two columns of items to answer the matching questions below:
-balanced growth and income funds
A)funds that sell shares to individuals and invest the proceeds in bonds
B)mutual funds that focus on firms that pay a high level of dividends
C)mutual funds that focus on a specific industry
D)mutual funds that contain both growth stocks and stocks that pay dividends
E)mutual funds that focus on stocks that are expected to grow at a very high rate

• A)funds that sell shares to individuals and invest the proceeds in bonds
• B)mutual funds that focus on firms that pay a high level of dividends
• C)mutual funds that focus on a specific industry
• D)mutual funds that contain both growth stocks and stocks that pay dividends
• E)mutual funds that focus on stocks that are expected to grow at a very high rate

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Definitions:

Tax Rate

The chunk of financial earnings a corporation or individual pays as tax.

Depreciation Expense

Breaking down the cost of a hard asset over its life of utility.

Comprehensive Income

A measure of all changes in equity of an enterprise during a period, except those resulting from investments by and distributions to owners.

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up over time.