Answer:
a) The expected return of equally weighed portfolio is 14.23%
b) The expected return of equally weighed portfolio is 16.45%, hence Variance = 1.596457%
Explanation:
See workings of a and b attached in a form of spreadsheet.
<span>B. A felt layer underneath the tablecloth i hope this help you</span>
Answer:
Rational is based on the logical preference. Being irrational does not means that the choice is made based on monetary preference. It is more logical than monetary.
Explanation:
The two friends took same courses in college but after the completion of college degree one decides to go for MBA and other pursues PhD in English. The expected earnings of MBA are higher than PhD but one of friend who chooses the PhD has not considered the logical decision making based on money. He might have chose the PhD because he is more interested in becoming a professor rather than a business professional.
Answer:
Cooper Corporation
1. Cash received from the sale of equipment:
= d. 70
2. Decrease in cash from investing activities:
= b. (522)
3. Increase in cash from financing activities:
= c. 30
Explanation:
a) Data and Calculations:
December 31
2018 2017 Change
Equipment $750 $400 +$350
Accumulated depreciation (160) (225) +65
Land 92 50 +42
Bonds payable 30 50 -20
Common stock 120 100 +20
Additional paid in capital 400 320 +80
Retained earnings 825 675 +150
Net income for the year = $200
Depreciation expense = $70
Less Gain from sale of equipment $5
Equipment
Account Titles Debt Credit
Beginning balance $400
Cash purchase 550
Sale of equipment $200
Ending balance 750
Sale of equipment
Equipment $200
Accumulated depreciation $135
Cash 70
Gain from sale 5
Retained earnings:
Beginning balance $675
Net income 200
Dividends 50
Ending balance 825
Statement of Cash Flows (partial):
Investing activities:
Sale of equipment $70
Purchase of equipment -550
Purchase of land -42
Decrease in cash $522
Financing activities:
Bonds payable -20
Common stock +20
Additional paid in capital +80
Dividends paid -50
Increase in cash $30
