The New Fund had average daily assets of $4.1 billion in the past year. The fund sold $419 million and purchased $519 million worth of stock during the year. What was its turnover ratio

answer:

the answer is b) divide by -4 on each side and flip the sign.

step-by-step explanation:

we first need to start by dividing. this is because it is a multiplication problem to start.

we also need to make sure we flip the sign because any time you multiply or divide by negative numbers, the sign must be flipped.

simplifying

7ln(x + 2.8) = 11.2

reorder the terms:

7ln(2.8 + x) = 11.2

(2.8 * 7ln + x * 7ln) = 11.2

(19.6ln + 7lnx) = 11.2

solving

19.6ln + 7lnx = 11.2

solving for variable 'l'.

move all terms containing l to the left, all other terms to the right.

reorder the terms:

-11.2 + 19.6ln + 7lnx = 11.2 + -11.2

combine like terms: 11.2 + -11.2 = 0.0

-11.2 + 19.6ln + 7lnx = 0.0

the solution to this equation could not be determined.

step-by-step explanation:

i searched it on google but it says that the solution to this equation could not be determined but i hope that it you a little.