The Income Statement is $18,500
Construction of Baker income statement
Revenue
Service Revenue $65,200
Total Revenue $65,200
Expenses
Other operating expenses $41,000
Supplies Expense $1,100
Insurance expense $2,100
Rent Expense $2,500
Total Expenses $46,700
Net Income $18,500
($65,200-$46,700)
Inconclusion the Income Statement is $18,500
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Answer and Explanation:
The computation is shown below:
1. VaR = Expected return - z × Standard deviation
= 13% - 1.645 × 20%
= -19.90%
Therefore the option a is the correct answer.
2) Now the correlation coefficient is
Variance of the portfolio = (weight of A × Standard deviation 1)^2 + (weight of B × Standard deviation 2)^2 + (2 × weight of A × weight of B × Standard deviation 1 × Standard deviation 2 × correlation 1 and 2)
3.80% = (60% × 24%)^2 + (40% × 18%)^2 + (2 × 60% × 40% × 24% × 18% × correlation 1 and 2)
So the correlation is 0.583
The answer to the following question:
<span>One way yo u can grow as an employee is seek _____wich can both positive or negative information about your performance.
is:
evaluation/feedback</span>
