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Sav [38]
3 years ago
7

Which of the following is best characterized as a relative risk objective? A. Value at risk for the Fund will not exceed US$3 mi

llion. B. The fund will not lose more than €2.5 million in the coming 12-rnonth period. C. The fund will not underperform the DAX by more than 250 basis points.
Business
1 answer:
Finger [1]3 years ago
7 0

Answer:

C. The fund will not underperform the DAX by more than 250 basis points.

Explanation:

A  relative risk objective references a comparison to the performance of another portfolio which is the benchmark.

The fact that there is a reference to DAX makes it a relative risk objective while the statement of maximum allowed absolute loss (€2.5 million) is an absolute risk objective because it does not reference a comparison  but rather is stated in terms of a  fixed number

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Denton and Carlo were employed at an appliance plant. Their job required them to do occasional maintenance work while standing o
Mumz [18]

Answer:

No, because they weren’t willing to risk their life to complete a task at the appliance plant. By law this is not safe working conditions and the people forcing employees to do this could be sued.

Explanation:

3 0
3 years ago
Read 2 more answers
What can cause the market demand curve for day-old bread -- an inferior good -- to shift rightward (an increase in demand)
Sedbober [7]

A factor that can cause the market demand curve for day-old bread to shift rightward is a decrease in income.

<h3>What is an inferior good?</h3>

An inferior good is a good whose demand falls when income rises and increases when income falls. An inferior good is a good whose demand increases when income falls.

<h3>What is an increase in demand?</h3>

An increase in demand occurs when the demand for a good increase as a result of factors other than a change in the price of a good. When there is an increase in demand, there would be a shift to the right of the demand curve.

For more information about the increase in demand, please check: brainly.com/question/25871620

5 0
2 years ago
Gaur sells Jensen equipment under an arrangement whereby Gaur delivers the equipment on January 1, 2021 and receives payment on
S_A_V [24]

Answer:

B. Credit to sales revenue

Explanation:

As per revenue recognition principle, revenue should be recognized when it is earned and not when cash is received.

As per accrual basis of accounting, revenue is to be recognized when the ownership of the goods has been passed by the seller to the buyer and there is reasonable assurance that payment would be received.

When a sale is effected and goods are delivered with reasonable certainty that payment would be received, following journal entry is recorded:

Accounts Receivable A/C                                Dr.

     To Sales Revenue

(Being equipment sold recorded)

5 0
3 years ago
Nu Company reported the following pretax data for its first year of operations. Net sales 2,950 Cost of goods available for sale
melomori [17]

Answer:

NU company.

The reason LIFO and FIFO present 2 different valuation of inventory is because of the way inventory is expensed in either methods.

LIFO stands for Last in First out. Meaning the last stock to be received should be the first to be issued to production.

If it thus shows that our costs of inventory has been increasing over the period, the inventory expensed to cost of sales will be high while the inventory balance in the balance sheet low. And the reverse if the costs of new inventory purchases have been declining.

FIFO stands for First in First out. Meaning the first inventories receives must be exhausted before we move to the receipt after that, and on and on.

If it thus shows that our costs of inventory has been increasing over the period, the inventory expensed to cost of sales will be low while the inventory balance in the balance sheet high. And the reverse if the costs of new inventory purchases have been declining

Nu company Gross Profit

Net sales $2,950

Less costs of sales:

Cost of goods available for sale 2,350

Less inventory closing 920

Costs of sales 1,430

Gross profit $1,520

Gross Profit % = $1,520 / $2,950

= 52% (c)

3 0
3 years ago
Certain requirements apply to the retention of email communications by Investment Advisers under the Investment Advisers Act of
Juliette [100K]

Answer:

B. Business Related Emails are required to be maintained as correspondence

Explanation:

In the Investment Advisers Act of 1940, Rule 204-2, Advisers are required by regulation to keep various kinds of books records, therefore any email that falls into one of such kinds should be kept the way books and other physical records will be kept.

For instance, the Act of 1940 states that all originals of communications should be kept, these include those sent to and received from brokers, members, and dealers relating to the business.

It futher states that firms should maintain accounts, books, memoranda and correspondence that relate to the business.

As such, since email communications by Investment Advisers are termed as business related correspondence, they fall under the category of correspondence records that should be mainted by nvestement Advisers.

6 0
3 years ago
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