Answer: 0.3
Explanation:
The Sharpe ratio is simply used by organizations and investors in order to compare the return on an investment to its risk.
From the question, we are informed that a portfolio has a 30% standard deviation generated a return of 15% last year when T-bills were paying 6.0%.
The Sharpe ratio will be:
= (15% - 6.0%)/30%
= 9%/30%
= 0.09/0.3
= 0.3
A Service Enterprise is an organization that strategically leverages volunteers to achieve operational efficiency and greater social impact. Service Enterprises are among the top 11 percent of nonprofits in the country in volunteer management and organizational performance.
Answer:
$5.5= actual price
Explanation:
Giving the following information:
Managers expected to pay $5 per kilogram.
Each unit produced should take 2 kilograms; actual total usage was 2,100 kilograms.
The company produced 950 units.
The direct materials spending variance is $1,050 (unfavorable).
To calculate the actual price per kilogram, we need to use the direct material spending variance.
Direct material price variance= (standard price - actual price)*actual quantity
-1,050= (5 - actual price)*2,100
-0.5= 5 - actual price
5.5= actual price
First find 1/8. 48/8 is 6. Then multiply by 3 since there are 3/8. 3x6 is 18. 18 cards.
Hope this helps!
Answer:
$211,689. 53
Explanation:
Calculation to determine the remaining balance (or value) of the mortgage after the payment of the fifth annual installment
Step 1 is to compute PMT using Financial calculator
I = 6%
N = 20
PV = 250,000
FV = 0
PMT=?
Hence,
PMT = 21,796.14.
Now let determine the PV using Financial calculator
I = 6%
N = 15
PMT = 21,796.14
PV=?
Hence,
PV = $211,689. 53
Therefore the remaining balance (or value) of the mortgage after the payment of the fifth annual installment is $211,689. 53
