<span>The geometric average return is the the nth root of the product of the stock returns.
So we have nâš r1 * r2 * r3. Where n is the number of returns.
So we have 4âš(14.5 * 4.8 * 10.2 * 6 1)
This gives us 4âš ( 4330.512)
The fourth root of 4330.512 is 8.1121 percent.</span>
<em>Answer:</em>
The exact form is 5/44 and decimal form is .1136
<em>Step-by-step explanation:</em>
Divide by a fraction and multiply by its reciprocal
5/8 * 2/11
Cancel the common factor 2
5/4 * 1/11
Multiply 5/4 and 1/11
<em>5/4(11)</em>
The result is
<em>5/44 or .1136</em>
Answer:
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Step-by-step explanation: firm sharing profits and losses in the ratio of 3
2. From Ist April, 2020 they decided to share the future profits equally. On this date, the General Reserve
showed a balance of 1,60,000; Revaluation of fixed assets resulted into a gain of "1,02,000 and stock resulted
to a loss of 22,000. On this date, the goodwill of the firm was valued at $3,60.000
Pas necessary journal entries for the above transactions on reconstitution of the form
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