Answer:
<em>The answer is 60.</em>
Explanation:
<em>The First step in solving the example given, is to recall the following steps to be taken </em>
<em>The standard deviation of return on investment A =10%</em>
<em>The standard deviation of return on investment B =5%</em>
<em>The co-variance of returns both on A and B =.0030</em>
<em>The next step is as follows</em>
<em>co-variance = correlation </em>
<em>.0030 (.05 x .10) = 60</em>
<em>Therefore the correlation coefficient between the returns of A and B is 60</em>
Answer:
The answer is A. cash and short-term investments by daily cash operating expenses
Explanation:
This is calculated as follows:
cash and short-term investments(cash equivalents) ÷ daily cash operating expenses.
Cash equivalents are very short-term securities. They are very liquid and can be converted to cash very quickly. Examples are bank accounts short-term securities like treasury bills.
Days cash on hand is the number of days that a firm can afford to pay its operating expenses, given the amount of cash available.
5 0.2 is the greatest from the calculated value of 7.d I hope this helps