Checks written in November $9,750
Less: Checks paid by bank in November $8,800
Checks outstanding at the end of November $950
Add: Checks written in December $11,762
Less: Checks paid by bank in December 10,889
Checks outstanding at the end of December $1,823
hope this helps!
- a random freshman
To choose the two best, we have a target of two candidates, A & B
The first one chosen is either A or B, with a propability of 2/5.
The second one is the only interested candidate out of 4, so 1/4.
So probability of choosing the best two is 2/5*1/4=1/10.
Alternatively, use the combination formula,
P(AB in any order) = 5!/(2!3!)=120/(2*6)=1/10
or in general,
n choose r = nCr = n!/(r!(n-r)!)
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
In the first case,
Future value = $2,050 × (1 + 0.12)^12
= $2,050 × 3.895975993
= $7,986.75
In the second case,
Future value = $8,352 × (1 + 0.10)^6
= $8,352 × 1.771561
= $14,796.08
In the third case,
Future value = $72,355× (1 + 0.11)^13
= $72,355 × 3.883280163
= $280,974.74
In the fourth case,
Future value = $179,796 × (1 + 0.07)^7
= $179,796 × 1.605781476
= $288,713.09
Answer:
A) Recession
Explanation:
Recession is a term in economics that refers to a situation where there is decline in economic growth. Specifically a recession is said to have occurred if for two or more consecutive quarters a negative economic growth is observed meaning that there is a decline in the gross domestic product (GDP). The implication of recession is that companies have less cash and revenue, so they will seek to reduce cost by cutting down on wages and employment which will generally lead to reduced output, income and jobs. Recessions are usually triggered by financial crises in an economy and government usually tackles it by spending more and reducing the cost of taxes
Answer:
The proportion of funds invested in stock A is 66.67% or 2/3 of the total investment in the portfolio.
Explanation:
The portfolio beta is the sum of the weighted average of the individual stock betas that form up the portfolio. The portfolio beta is a measure of risk of the portfolio. The formula for portfolio beta is,
Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N
Where w is the weight of each individual stock in the portfolio.
The beta of the market portfolio is always equal to one. Thus, taking this as portfolio beta, we can calculate the weighatge of each stock in the portfolio.
Let x be the weighatge of investment in stock A
Then (1 - x) will be the weightage of stock B.
1 = x * 0.8 + (1-x) * 1.4
1 = 0.8x + 1.4 - 1.4x
1 - 1.4 = -0.6x
-0.4 / -0.6 = x
x = 0.6667 or 66.67% or 2/3
Thus, the proportion of funds invested in stock A is 66.67%
