Answer:
C. A discipline that enhances the degree of confidence that users can place in financial statements.
Explanation:
Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.
Answer:
b. Your portfolio has a beta equal to 1.6, and its expected return is 15%
Explanation:
when a portfolio is given, there exist the posibility to agregate the different calculations made, this is possible using the weights of the different assets whose are part of the portfolio, so in this specifinx example the beta portfolios is calculated as 1.6*50%+1.6*50%=1.6 and the expected return is calculated using the same logic 15%*50%+15%*50%. it does not apply for deviation of the portfolio, at this point is important to see that as there is not correlation coeficient, so there will no be calculated the covariance, so at the end the standar deviation aggregated is 0%
Answer:
17.10%
Explanation:
The computation of the annual rate of return is shown below:
Annual rate of return = (Future value) ÷ (Present value)^1÷ time period - 1
where,
Future value = $125
Present value = $10
And, the time period is 16 years ago
Now placing these values
So, the annual rate of return is
= 1.17099 - 1
= 17.10%
Basically we applied the above formula so that the annual rate of return could come
Explanation:
1. what are my interests
2. what are my skills
3. what are my talents
4. what is my personality
5. what education or training do I need
