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vazorg [7]
4 years ago
7

Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period

was 17.4 percent and the standard deviation of those returns in this period was 43.77 percent. What is the approximate probability that your money will double in value in a single year?
Business
1 answer:
ArbitrLikvidat [17]4 years ago
5 0

Answer:

Approximate probability 0.0295709

Explanation:

  • Average annual return 17.40%  

  • SD 43.77%  

  • Probability for double 0.0295709

        NORM.DIST(17.4%,100%,43.77%,TRUE)

  • Probability for Triple    0.00001511 NORM.DIST(17.4%,200%,43.77%,TRUE)

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Of the approaches to pursuing international markets, developing a ________ involves the greatest commitment and risk. joint vent
GuDViN [60]

Answer:

D. Foreign Subsidiary

Explanation:

Foreign Subsidiary is a company either party owned or fully owned by another large corporation whose headquarters is based in another country. It implies that the company or organization did not start development or operations organically un the country they operate. Development of foreign subsidiaries is one of the main ways of pursuing international markets. It involves the greatest risk and commitment as against other options listed in the question due to factors like cost and time of establishing a foreign Subsidiary, compliance risk, taxation, immigration rules, securing secure office spaces and accommodations for employees, required investment and so on. These are things a company won't have to consider if they decides in joint venture, strategic alliance or franchising when pursuing international markets.

8 0
3 years ago
Explain why we can say that maximizing firm value is equal to maximizing stockholders’ equity.
Pachacha [2.7K]

Answer:

Because stakeholders are a part of the company

Explanation:

Stakeholders and stockholders are the people who are considered as a major part of any organisation. Shareholders, managers, owners and employees are the stakeholder. Increase in the firm’s value indirectly benefits the shareholders because it also improves their value and it also maximises their shareholder equity. Increase in the firm’s value means an increase in the share price and equity.

4 0
4 years ago
At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them. True
Vlad [161]

Answer:

The statement is: False.

Explanation:

Farm cooperatives in the United States represent an increasing industry. It is a fact that the number of farm cooperatives has declined but their size has expanded. The main activities have taken place in states such as Washington, Minnesota, and North  Dakota because they are surrounded by countries easier for cooperatives to introduce their crops.

8 0
4 years ago
A _____ is used to predict when a firm will likely experience temporary shortages or surpluses of cash.
Aleks [24]
<span>A "cash budget" is used to predict when a firm will likely experience temporary shortages or surpluses of cash.
</span>
A cash budget refers to a financial plan of expected money receipts and distributions during the period. These money inflows and surges incorporate incomes gathered, costs paid, and credits receipts and installments. At the end of the day, a money spending plan is an expected projection of the organization's trade position out what's to come.
5 0
3 years ago
Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Invento
Aleks04 [339]

Answer:

Sale - November 10

<u>Cost of Sales</u>

= 48 units × $99

= $4,752

<u>Inventory Balance</u>

=25 units × $99

=$2,475

Sale - November 15

<u>Cost of Sales</u>

=53 units × $105

= $5,565

<u>Inventory Balance</u>

40 units × $105       = $4,200

25 units × $99        = $ 2,475

Total                        = $6,675

Sale - November 24

<u>Cost of Sales</u>

= 13 units × $105

= $ 1,365

<u>Inventory Balance</u>

27 units × $105       = $ 2,835

25 units × $99        = $ 2,475

Total                        = $5,310

Explanation:

LIFO Inventory System sells the Recently Acquired Inventory First followed By Older Inventory Acquired.

3 0
3 years ago
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