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Deffense [45]
3 years ago
11

(5). The variance of Stock A is .005, the variance of the market is .008 and the covariance between the two is .0026. What is th

e correlation coefficient
Business
1 answer:
Nadya [2.5K]3 years ago
5 0

Answer:

0.4110

Explanation:

The formula and computation of the correlation coefficient is shown below:

Correlation co-efficient = Covariance ÷ (Standard deviation of market × Standard deviation of Stock A)

where,

Covariance between the two = 0.0026

Variance of the stock A = 0.005

And, the variance of the market is 0.008

Now placing these values to the above formula

So, the correlation coefficient is

= 0.0026 ÷ (0.008 × 0.005)^0.50

= 0.0026 ÷ 0.006324555

= 0.411096096

= 0.4110

Hence, the correlation coefficient is 0.4110

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What was the result in the Lucy v. Zehmer case (referenced in the textbook) involving whether allegations of joking regarding th
iogann1982 [59]

Answer:

The Supreme Court ruled in favour of the Complainants, enforcing the contract.

Explanation:

The Lucy Vs Zehmer case was one of decision on if a contract was binding or not on the basis of the undisclosed intentions of the parties involved in the contract. Zehmer alleged that he had jokingly sold and transferred title to Lucy while drunk. However the court ruled that contract for the sale of land to Lucy was valid on the basis that the secret intentions of Zehmer was not known or disclosed in the sale of the land and only his actions count for the contract to be binding.

5 0
3 years ago
ompute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following informati
Salsk061 [2.6K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

1. We weren't provided with enough information to calculate the plantwide predetermined overhead rate. <u>But, I can provide the information required as an example and the formulas necessary.</u>

Estimated overhead= 1,200,000

Estimated machine-hours= 350,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000/350,000

Predetermined manufacturing overhead rate= $3.43 per machine hours.

2. Job 400:

Direct materials $320

Direct labor cost $240

Machine-hours used 36

Total manufacturing cost= 320 + 240 + 36*3.43

Total manufacturing cost= $683.48

3. Job 400= 50 units

Unitary cost= 683.48/50= $13.67

4. Moody uses a markup percentage of 120% of its total manufacturing cost

Selling price per unit= 13.67*1.2= $16.404

4 0
3 years ago
On August 31, 2018, the general ledger of The Dean Acting Academy shows a balance for cash of $7,904. Cash receipts yet to be de
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Answer:

Não Sei muito Bem mas sei que ganho muito dinheiro com meu site:  https://fazerdinheiroonline.net.br/ganhar-dinheiro-na-internet/

Explanation:

Aprenda Como ganhar Dinheiro na Internet aqui mesmo

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3 years ago
Consider Emily's balance statement:
notsponge [240]

Answer:

see below

Explanation:

A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.

Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.

In this balance sheet,  Emily has confused assets and liabilities.

The column labeled as liabilities represents assets. She should change that. This column should be the topmost column.  She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.

8 0
3 years ago
Read 2 more answers
What is market penetration
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Answer:

the extent to which a product is recognized and bought by customers in a particular market.

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