He would most likely listed his personal residence on the price that is higher compared to the market value.
In general, single people bought real estate for investment purposes (becuase it is less likely they live in the spacious room alone). So, these people tend to listed the price after considering the profit and the comission that will given to the agent.
I think its c but .i am not 100%
Answer:
The volatility (standard deviation) of (a) type S is 12.24% and the volatility (standard deviation) of (b) type I is 2.7%
Explanation:
In order to calculate the volatility (standard deviation) of a portfolio that consists of an equal investment in 20 firms of (a) type S, and (b) type I, we have to calculate first the expected return as follows:
expected return=(60%×15%)+(40%×−10%)
=0.09-0.04=0.05=5%
Therefore, the volatility (standard deviation) of (a) type S=√(0.60(15%-5%)∧2+0.40(-10%-5%)∧2)
=12.24%
As I stock moves independently, therefore the volatility (standard deviation) of (b) type I=
SD(I Stock)= <u>12.24%</u>
√20
=2.7%
Answer:
Net Income is $17,000
Explanation:
A sole proprietor is not taxed as a business entity but all the income and expenses should be reported on the income tax return. On schedule C all the details of profit and loss should be submitted with Form 1040.
Net profit calculation to report on Schedule C is as follow:
Net sales - $80,000
Cost of goods sold <u>($40,000)</u>
Gross Income $40,000
Operating expenses <u>($20,000)</u>
Operating Income $20,000
Employee payroll taxes <u>($3,000)</u>
Net Income <u> $17,000 </u>