Answer:
$2,433
Explanation:
Net Income = Sales - Expenses
where,
Sales = $3,033
and
Expenses = $600
therefore,
Net Income = $3,033 - $600 = $2,433
Answer:
The portfolio's expected return is 15%
Explanation:
The expected return of a portfolio is the sum of the weight of each asset times the expected return of each asset.
So, the expected return of the portfolio is:
E(RP) = 0.20(.09) + 0.60(.15) + 0.20(.21)
= 0.018 + 0.09 + 0.042
E(RP) = 0.15 or 15%
If we own this portfolio, we would expect to earn a return of 15 percent.
Explanation:
The social environment, social context, sociocultural context or milieu refers to the immediate physical and social setting in which people live or in which something happens or develops. It includes the culture that the individual was educated or lives in, and the people and institutions with whom they interact.
The swap that should be the cheapest swap for Henry should be to Replace Duque de Caxias with Fortaleza.
- The answer to this question is option B.
<h3>Why Henry has to make this swap.</h3>
The reason why this swap is the best is because visiting Fortaleza is more within the budget that he has.
If he sticks to the original plan, he would be needing more funds for the trip that he intends to make.
Read more on Henry's trip here:
brainly.com/question/3804099?referrer=searchResults
This is an example of the Shoe-leather effect of inflation
Explanation: Here Carols faces a lot of inconvenience in minimizing the cash holdings he has in the fear of it losing its value in the long term. So, he pays a steep fee to convert which we can call as shoe leather costs.
