Answer:
b. 4.90%
Explanation:
the portfolio's return in a normal economy:
= (0.23 x 11.3%) + (0.44 x 4.7%) + (0.33 x 13.7%) = 9.119%
the portfolio's return in a booming economy:
= (0.23 x 18.6%) + (0.44 x 26.6%) + (0.33 x 18.1%) = 21.955%
weighted average return:
(0.82 x 9.119%) + (0.18 x 21.955%) = 11.42948%
standard deviation:
= {[0.82 x (9.119% - 11.42948%)²] + [0.18 x (21.955% - 11.42948%)²]}⁰°⁵
= (0.000437742 + 0.001994158)⁰°⁵ = 0.0024319⁰°⁵ = 0.049 = 4.9%
The standard deviation of a stock or a portfolio measures the risk of the stock or the portfolio. The lower the standard deviation, the less risky the stock or portfolio.
Answer:
The role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A
Explanation:
One who is a professional in the field of project management is known as a project manager. He has the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; irrespective of the type of industry.
The project manager is responsible for ensuring that everyone on the project team knows and executes his or her role, feels empowered and supported in the role, knows the roles of the other team members and acts upon the belief that those roles will be performed.
The specific responsibilities of the project manager varies depending on the industry, the company size.
However, some responsibilities that are common to all project managers include:
- Developing the project plans
- Managing the project stakeholders
- Managing the project team
- Managing the project risks
- Managing the project budget
- Managing the project conflicts
- Managing the project schedule
Thus, the role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A
All the other options are incorrect.
Answer:
The amount of Bad Debts Expense should be recorded when the year-end adjusting entry is prepared is $4,788
Explanation:
As the company use Percentage of sales method for estimating bad debt, the Bad Debt expenses for the year will not be dependent on the Opening balance of Allowance for Uncollectible Accounts, instead, it is recorded at the amount of Net Credit Sales x Percentage of uncollectible from Credit Sales.
Thus, we have bad debt expenses for the period is Net of Credit Sales x Percentage of uncollectible from Credit Sales = 798,000 x 0.6% = $4,788.
The detailed adjusting entry for Bad Debt Expenses at year-end is:
Dr Bad Debt Expense 4,788
Cr Allowance for uncollectible accounts 4,788
Answer:
Please find the explanation below. Thanks.
Explanation:
Journalistic approach is a writing approach that helps to develop information about a topic very quickly and easily. This is because the journalist asks 6 very important questions for which if answered, could speed up a writing.
A journalist usually asks 6 questions and they are: who? What? Where? How? When? Why?
When each of these questions are answered about a topic of writing, it becomes easy to build up the write-up.
For example, Who? Usually answers the questions: Who are the involved individuals? Who is affected? Who are the main persons? Who are the supporting persons?
What? On the other hand answered the question: What is the topic? What is the significance of the topic? What is the basic problem? What are the issues related to that problem?
All other questions asked by the journalist as long as it addresses the aspect of the topic that it should address, then the topic is as good as formed.
Cheers.
Answer: Medium of exchange.
Explanation:
The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.