Answer:
The expected return of your portfolio is 6.02%
Explanation:
Stock Value Expected Rate of return Weightage
A $200 8% $200/$300 = 0.67
B $100 2% $100/$300 = 0.33
Expected Rate of return = ( Expected rate of return Stock A x Weightage of Stock A ) + ( Expected rate of return Stock B x Weightage of Stock B )
Expected Rate of return = ( 8% x 0.667 ) + ( 2% x 0.33 )
Expected Rate of return = 0.0536 + 0.0066 = 0.0602 = 6.02%
Answer:
b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.
Explanation:
- Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
- Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
- Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
- Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.
Answer:
2.20
Explanation:
The Price elasticity will be:
Δdemand/ΔPrice
<u>The mid point is used to calculate the increases.</u>
Δdemand = ΔQ/midpointQ
(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250
ΔQ = 300-200 = 100
Δdemand = 100/250 = 0.4
<u>Same procedure is applied with the Price numbers:</u>
Δprice = ΔP/midpointP
(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75
ΔP = 2.5-3 = 0.5
Δprice = 0.5 / 2.75 = 0.181818
FInally we calculate the price elasticity:
Δdemand/ΔPrice
0.4/0.1818181818 = 2.2
Answer:
(A) $1,000
Explanation:
Health Savings Account (HSA) is an account that offers tax advantages to those individuals who are covered under high deductible health plans(HDHPs).
Both Employers and Employees make contributions to such an account.
Under the laws, the maximum contribution allowable is $3400 by both employers and employees.
Such contributions can be used for qualified medical expenses.
Individuals who are above 55 years of age can contribute an additional $1000 per person per year as per the law which can be of much help to early retirees.
Hence, Ruth is allowed to make an additional contribution of $1,000.
Answer:
The answer is below
Explanation:
i) The price elasticity of demand is given by the formula:
Since the price elasticity of demand is greater than 1 hence it is elastic
ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.
iii)
Since the price elasticity of demand is greater than 1 hence it is elastic
