Answer:
11.23%
Explanation:
Arithmetic return = Total return/Total time period
6% = (14% + 17% - 1% + x%) / 4
(6%*4) =30% + x
24% = 30% + x
x = (24% - 30%)
x = -6%
<em>For the standard deviation, we need to use </em><u><em>stdev.s function</em></u><em> in Ms Excel</em>
Standard deviation = stdev.s (14%,17%,-1%,-6%)
Standard deviation = 0.112249722
Standard deviation = 11.23%
So, the standard deviation of the stock's returns for the four-year period is 11.23%.
Answer:
True
Explanation:
According to the IRS:
- ordinary expenses are expenses that are common and accepted in a company's trade or industry.
- necessary expenses are expenses that help your company carry on its normal business.
Tax deductible expenses must be ordinary, necessary, and reasonable.
Answer: A non profit organization
Explanation: A non profit organization is an establishment created to perform efficiently and effectively, without necessarily making profit as its aim.
They most times function in the area of humanitarian needs, health and medicine, financially empowering the unemployed in communities.
The non profit organization are most times sponsored by government of nations, international bodies ( such as UN, WHO, UNESCO).
