Answer:
B. $6,000,000
Explanation:
Since in the question, it is given that the fund generates additional one-tenth of 1% of portfolio return
In mathematically,
= One-tenth × rate of return × asset value
= 0.10 × 0.01 × $6,000,000,000
= $6,000,000
Here one-tenth is 0.10 and 1% is 0.01. We simply multiply the value of the asset to the given percentage
Explanation:
we should use income statement to find the new profit and the gross profit first then we can find out the expenses while doing it down on the statement anything which had written expenses is expenses.
Answer:
Option (D) 1.29%
Explanation:
Data provided in the question:
Treasury bill returns over four years :
4%, 3%, 2%, and 5%
Now,
Average return = (4% + 3% + 2%+ 5%) ÷ 4
= 3.5%
Standard deviation = [ ∑(Return - Mean)² ] ÷ [ n -1 ]
= [ (4% - 3.5%)² + (3% - 3.5%)² + (2% - 3.5%)² + (5% - 3.5%)² ] ÷ [ 4 - 1 ]
= 3.87% ÷ 3
= 1.29%
Hence,
Option (D) 1.29%
Answer:
1- The UCC contract formation includes offer, acceptance and consideration.
Explanation:
Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.
Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).
Acceptance → must be a mirror image of the offer.
Consideration → All common-law contract must contain this element as a valid one. It means that there must be a bargained for interexchange of acts or promises, both parties incurring new legal detriment or obligations as a consequence of the contract.
