X $4000
Y $6000
Explanation:
Let w be invested in Stock X,
Correlation = -1
Standard Deviation = w(0.75) - (10,000 - w)(0.50)
So,
For standard Deviation to be 0,
0 = 0.75w - 5,000 + 0.50w
w = $4,000
Amount invested in Stock X = $4,000
Amount invested in Stock Y = $6,000
Answer: A. All of these
Explanation: Change Control is the process companies uses to document, identify and authorize changes to an environment or process. It assists in reducing the chances of unauthorized modifications, disruptions and errors in the system/process and therefore follows a specific pattern towards its implementation. This would include: Change request identification, assessment, analysis, approval or rejection, and finally implementation. All these from start to finish is usually documented in the change request log.
D. For savers in low income tax brackets than for savers in high income tax brackets.
Answer:
a. they are separate performance obligations
normal price of annual membership = $1,140
one yer enrollment in yoga = $600 x (30% - 10%) = $120 x 50% = $60
total $1,200
% of price allocated to:
annual membership = ($1,140 / $1,200) x $1,100 = $1,045
discount voucher = $1,100 - $1,045 = $55
b. the journal entry should be
Dr Cash 1,100
Cr Unearned revenue, membership fees 1,045
Cr Unearned revenue, discount voucher 55
Answer:
Data for Question
<u>Debt</u> <u>Book Equity</u> <u>Market Equity</u> <u>Operating Income</u> <u>Interest Expense</u>
Firm A
500 300 400 100 50
Firm B
80 35 40 8 7
1.
Market debt-to-equity ratio = Debt of Firm / Market Equity
Firm A = 500 /400 = 1.25
Firm B = 80 / 40 = 2
2.
Book debt-to-equity ratio = Debt of Firm / Book Equity
Firm A = 500 /300 = 1.67
Firm B = 80 / 35 = 2.29
3.
Interest coverage ratio = Operating Income / Interest Expense
Firm A = 100 /50 = 2
Firm B = 8 / 7 = 1.14
4.
Firm B will have more difficulty meeting its debt obligations because it has higher debt equity ratio and lower interest coverage ratio than Firm A.
