Answer:
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Explanation:
Answer:
the expected return from the investment is higher than that of those investments whose standard deviation is greater than zero.
Explanation:
As for the coefficient of variation which clearly defines the difference in values from the mean value in the data set.
It clearly defines as standard deviation/mean.
Where standard deviation is 0 the coefficient will also be 0 which shall represent the risk associated with it.
The least the coefficient of variation the least the risk with maximum return.
Thus, the correct statement will be concluding that the expected return from this investment will be higher than the returns from the project in which standard deviation is more than 0.
Answer:
c) $13,000.
Explanation:
Using the accounting equation;
Assets - liabilities = Owners' equity
Owners' equity is usually made up of the common stock and the retained earnings.
Therefore, given;
Assets = $50,000
Liabilities = $22,000
Owners' equity = $50,000 - $22,000
= $28,000
Owners' equity = Retained earnings + common stock
Retained earnings = $28,000 - $15,000
= $13,000
Amount for retained earnings is $13,000.
Answer: b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.
Explanation:
Banks make money by loaning out money to people and companies. This means that loans are an asset to banks because it enables them to generate cash.
Kellie's Print Shop will have to pay back to loan however which means that it is a liability to them because they owe the bank.
This loan will not increase the money supply because if not explicitly stated that it does, we assume that the loan was made from bank deposits by other bank customers which means that it is already part of the money supply.
Answer:
a. No, because Shelby made a mistake about the dog's value, not a mistake about a material fact.
Explanation:
Peggy made an offer to sell the dog for $800, they didn't discuss the dog's ancestry and Shelby wrongly assumed the dog was from champion lines and agreed to buy the dog for $800.
Based on further investigations, she discovered the dog was worth just $200.
She cannot rescind the contract because she wrongly assumed the dog's value not an error about à material fact. Peggy sold the dog at her own rates and Shelby bought the dog while wrongly assuming the value, so she cannot cancel the contract based on that.