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vazorg [7]
3 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]3 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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Furnaces & Filters Inc. is a public company whose shares are traded in the public securities markets. Under the Sarbanes-Oxl
Veseljchak [2.6K]

Answer:

internal disclosure controls and procedures.

Explanation:

"Internal disclosure controls and procedures" is a new term created by the Sarbanes-Oxley Act of 2002 and it refers to controls and procedures that must be setup by top management of a corporation in order to ensure that the information it discloses under the Securities Exchange Act is properly recorded, processed, summarized and reported.

4 0
3 years ago
On a CVP chart, on either side of the break-even point, the vertical distance between the total sales line and the total cost li
DochEvi [55]

Answer:

The answer is:

Total loss to the left of the intersection

Total profit to the right of the intersection

Explanation:

Cost-volume-profit (CVP) analysis is a method that looks into the impact of how varying levels of costs and volume will affect the operating profit of a firm. This gives companies good understanding of the profitability of their products or services.

To answer the question above;

Total loss to the left of the intersection

Total profit to the right of the intersection

While the intersection is the break-even

5 0
3 years ago
A credit memorandum results in a(n) _____ in a customer's accounts receivable file.
umka21 [38]
I believe the answer would be “B. Decrease” apologies if it’s incorrect!
3 0
2 years ago
Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama
Kryger [21]

Explanation:

The Journal entry is given below:-

1 January 2020             No Entry

31 December 2020       Compensation Expense Dr,         6,580

                                              To, Paid-In-Capital                         6,580

(Being the compensation expense stock-option plan is recorded)

Working Note:-

Compensation Expense

= $7 × 4,700 ÷ 5

= $7 × 940

= $6,580

7 0
3 years ago
Based on the HEADLINE article titled "Inflation and the Weimar Republic," which of the following is the best illustration of the
WINSTONCH [101]

Answer: Businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."

Explanation:

Inflation is when there is a general increase in the prices of goods and services on the economy.

The best illustration of the wealth effect of inflation based on the article titled "Inflation and the Weimar Republic," is that businessmen traveling around the country found themselves borrowing funds from their customers each stage of the way. The cash they'd allocated for the entire trip barely sufficed to pay the way to the next stop."

This is because when there is inflation, theee will be rise in price and hence, the money the businessmen wanted to use won't be enough to get meet their needs hence they'll need more funds.

5 0
3 years ago
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