Answer:
Option D is the correct option
Explanation:
To find the optimal fund to combine with risk free rate of return, we will use Coefficient of variation,
Coefficient of variation(CoV) = Standard Deviation/Expected Return
CoV of Buckeye = 14%/20% = 0.7
CoV of Wolverine = 11%/12% = 0.9167
So, higher the CoV higher the risk, we will take Buckeye to combine with Risk Free Return.
Hence, Option A
- Required target return of portfolio = 22%
Risk Free return = 8%
Buckeye Return = 20%
Let the weight of Buckeye be X ,& weight of risk free be (1-X)
Required return = (WRF)*(RRF) + (WB)*(RB)
22 = (1-X)(8) + (X)(20)
22 = 8-8X + 20X
14 = 12X
X = 1.17
SO, weight of Buckeye is 1.17 or 117%
while weight of Risk free is -0.17 (1-1.17) or -17%
Hence, ans is OPTION D
Answer: C $22,100
Explanation: Bank Reconciliation
8/31/10 Bank Balance $21,650
Add:
8/31/10 Deposit in transit. $3,900
Less:
8/31/10 Outstanding Chq. $2,750
8/30/10 Rtd Chq. $600
8/31/10 Bank Charges. $100
Cash book balance $22,100
Answer:
d. $625,000
Explanation:
cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period
- cost of goods manufactured during the current period = $600,000
- finished goods inventory at the beginning of the period = $25,000
cost of goods available for sale = $600,000 + $25,000 = $625,000
cost of goods sold = cost of goods available for sale - ending inventory = $625,000 - $40,000 = $585,000
Answer: <em>Spear-phishing</em><em> </em>is the type of attack that involves the hacker doing some research about you and makes the email more convincing.
Explanation:
The hackers who use spear-phishing are out there trying to steal from others. They attempt to steal important data, money, and the security of others. These hackers employ methods that impersonate someone to trick their friends and acquaintances so that they are more willing to read the message and do what is asked.
Answer:
Sales
Explanation:
Sales is defined as the activities which are related to the selling or the number of the services or goods that are sold in the given period of time or year.
The seller who finished or concluded the sales in relation to the acquisition or appropriation or in a direct interaction at the time of sale with the buyer.
Therefore, the percentage of the sales method, separates the accounts on the balance sheet and pro forma income statement into those which change directly with sales.