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what is mutual funds?
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Answer / dharmesh sati
Mutual funds are investment companies that pool money from
investors at large and offer to sell and buy back its
shares on a continuous basis and use the capital thus
raised to invest in securities of different companies.
| Is This Answer Correct ? | 33 Yes | 4 No |
Answer / nagarjuna
MUTUAL FUNDS: It means "collects the savings from small
investors and invest them according to certain investment
objectives"
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / chandu
MUTUAL FUNDS MEANS POOL OF MONEY COLLECTED FROM MANY
INVESTER AND THAT MONEY INVEST INTO DIFFERENCE COMPANIES
THAT IS CALLED MUTUAL FUNDS.
MUTUAL FUNDS ARE DEVIDED INTO TWO TYPES
1. OPEN ENDED MUTUAL FUNDS
2. CLOSED ENDED MUTUAL FUNDS.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / deepak n. kolekar
It is an registred agency which is approved by National
Stock Exchange for an ordinary population who are having
intrest to invest their savings in the capital market
without taking risks. The Mutual Funds are absorbing the
funds from ordinary population and investing into huge
companie and managing risks with the correct analysis.
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / munikrishna
It is a fund which pools the savings of the investors
through the sale of its units of definite value.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / himanshu jain
mutual funds is basically diversification of funds\
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / venkat karvy
mutual Funds means collection/pool of money from investors
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / jatin mittal
Types of investments that raise money from shareholders to invest in a group of assets such as equities, fixed income and money market funds. Mutual funds may often have a minimum investment amount and a series of fees associated with them
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / nagaveni.c
Its a pool of money collected from the investor and
investing according to certain investment objectives
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / saichand
It is a pool of investment to diversify the risk
| Is This Answer Correct ? | 1 Yes | 0 No |
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
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