Answer:
By definition, we know that Beta for market Portfolio is 1. By this, we need weighted average of J and K Beta as 1
1.38x + 0.93(1-x) = 1
1.38x + 0.93-0.93x = 1
0.45x = 0.07
x = 0.07/0.45
x = 0.16
So, we need 0.16 of J and 0.84 of K.
Weighted Average of J = 0.16 and K = 0.84.
Further Expected return of portfolio will be:
Weight Expected Return Expected Return of Portfolio
J 0.16 14.06 2.25
K 0.84 11 <u>9.24</u>
Total Portfolio Expected Return <u>11.49</u>
How and when. You spend your month 234 if you coul ok now kin kaieeu
Answer:
I think the 3rd one but if I'm wrong pls tell me!
Answer:
a). The statement on the income tax form about the deduction for children and other dependents was simply unreadable.
b). The type of career that many graduates are hoping to pursue pay high salaries and provide long vacations.
c). Apparently, the use of robots in factories has been responsible for a great deal of worker dissatisfaction.
d). The problems associated with government deregulation have been responsible for the economic plight of several major airlines in recent years.
e). The impact of computers on our lives is comparable to the impact of the industrial revolution.
f). The amount of money and time I spend on computer games <u>is</u> more than I can afford.
Explanation:
Subject-verb agreement is described as the grammatical rule according to which the subject, as well as, the verb must agree with one another in number. As per the rules, if the subject(noun or noun phrase) is singular, it will take a singular verb while if the subject is plural(noun or noun phrase), it will carry a plural verb.
According to this rule, <u>the first and third sentence fails to follow this agreement</u>. The first sentence inadequately carries a plural verb 'were' with the singular noun ('The statement') and similarly, the third sentence wrongly employs plural verb 'have' with the singular noun 'the use.' The other sentences are grammatically appropriate as the verbs and noun phrases agree in number.
Answer:
C. Economic entity assumption
Explanation:
Monetary unit assumption: As per this assumption, US dollar is considered to be a king. The accountants are forbidden of logging transactions in any other currency. It also grant accountants permission to ignore inflation when reviewing the statements considering that purchasing power of a dollar remains unchanged.
Going concern assumption: As per this assumption, a firm will continue its operations for the foreseeable years. Irrespective of the fact, whether the owner is alive or not, a firm may continue to operate unless dissolved. In case of bankruptcy, a firm will discontinue its operations.
Cost principle: As per this principle, an asset should be recorded at the acquired price. The acquired price is the price at which the asset was originally purchased i.e. the historical cost of an asset.
Economic entity: Each firm or organization is an economic entity and has a separate artificial identity from its owner or stakeholders. So, only the transactions pertaining to business are recorded and personal expenses are excluded from the financial statements of the firm.
Thus, the personal expense of president of the company should not have been recorded in the financial statements of the company.