Please Help! Pics Included Consider the following trading and performance data for four different equity mutual funds:

Fund W

Fund X

Fund Y

$293.2

$656.6 $1,287.5

Fund Z

$5,554.7

Assets under Management,

Avg. for Past 12 months (mil)

Security Sales,

Past 12 months (mil)

$37.2

$569.4

$1,468.8

$427.8

Expense Ratio

0.31%

0.65%

1.11%

0.20%

Pretax Return, 3-year avg,

Tax-adjusted Return, 3-year avg.

9.83%

10.40%

9.14%

8.76%

10.14%

9.20%

9.78%

9.00%

Consider the following trading and performance data for four different equity mutual funds: a. Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: % Fund X : % Fund Y: Fund Z: b. Which two funds are most likely to be actively managed and which two are most likely passive funds? are most likely passively managed portfolios; are most likely to be actively managed. c. Calculate the tax cost ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: % b. Which two funds are most likely to be actively managed and which two are most likely passive funds? are most likely passively managed portfolios; are most likely to be actively managed. c. Calculate the tax cost ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W : Fund X : Fund Y:% Fund Z: d. Which funds were the most and least tax efficient in the operations? were the most tax efficient and were the least tax efficient