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8_murik_8 [283]
3 years ago
14

A well diversified portfolio needs about 3 to 5 stocks from different categories.

Business
1 answer:
Oduvanchick [21]3 years ago
3 0

Answer:

This is false.

Explanation:

Diversification is An investment strategy that includes a mixture of a wide variety of investments from different categories within a portfolio.

A well diversified portfolio does not need 3 to 5 stocks from different categories instead A well-diversified portfolio needs about 20-25 stocks from various categories.

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Apple anticipates it will sell 100,000 units in the coming year. It is considering investing in a new machine that will increase
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Incomplete question. However, it would be inferred you want to know the requirements to calculate net income.

<u><em>Explanation</em></u>:

Remember, net income is total revenue minus total cost. Since Apple anticipates selling 100,000 units, if we assume the fixed cost to be $2,400 and the variable cost $34, and selling price unit is $150.

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7 0
3 years ago
g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with res
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Answer:

1,140 units

Explanation:

Note : The question requires us to use the weighted-average method. This method focuses on equivalent units of completed units and units still in process only.

Step 1 : Determine units completed and transferred

Units Completed = Beginning units + Units Started - Ending units

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Step 2 : Calculate equivalent units of production with respect to conversion costs

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Ending units (100 x 40%)                                         40

Total equivalent units of conversion costs         1,140

thus,

the equivalent units of productions for the period (using the weighted-average method) for conversion is 1,140 units.

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