<span>Here are the choices on the given question:
A. lender
B. investor
C. insurer
D. borrower
When the customer opens a bank savings account, the bank, essentially becomes an investor. So the answer is B.
Investor because the amount of money that you put in your savings account is being invested by the bank to gain interest.</span>
Answer:
<em> 334 units </em><em>sales increase during the month must be required to justify the contemplated expenditure</em>
Explanation:
If management proposes an increase in monthly promotional costs (which is a fixed cost), then the units required to at least cover these extra fixed costs (break -even) must be determined.
<em>Break -even (units) = Fixed Cost / Contribution per unit</em>
<em> </em><em>= $1,600 / ($8.00 - $3.20)</em>
<em> = $1,600 / $4.80</em>
<em> = 333.333</em>
<em> = 334</em>
<em>Therefore, 334 units must contemplate this expenditure</em>
Answer:
$8,000
Explanation:
The corrected cash balance is $8,000
Answer:
1. Deontology C. is the normative ethical theory that a moral act is based on whether the act itself is right or wrong under a series of rules, and not based on the consequences of the act.
2. Utilitarianism D. the best ethical choice produces the best result for the greatest number
3. Free market ethics A. goods and services are worth what people believe they are worth and are willing to pay for and businesses need only be concerned with making a profit for owners (shareholders)
4. Virtue ethics B. based on the moral character of the person rather than the act
Answer:
-1.0
Explanation:
Diversification in a portfolio can be regarded as spreading of investments by investors so that risk can be minimized. The correlation coefficient "r" that exist between two securities allows us to know how return that's gotten from one security is related to returns from another security. For instance, it is possible for two securities within same sector to move in the same direction, i.e it is possible to be positively correlated, in this sense when price of one goes up , the other price also goes up this might not be with the same margin.
As regards negative correlation, there is movement of security returns in opposite directions, in this sense there is least relationship between the securities. Hence with r= 1 there is movement of the two stocks in opposite direction hence Maximum diversification.
It should be noted that Maximum diversification benefit can be achieved if one were to form a portfolio of two stocks whose returns had a correlation coefficient of -1.0
