Answer:
0.41
Explanation:
The computation of the weight of security Y in the minimum variance portfolio is shown below:-
Weight of security X = Standard deviation of security Y ÷ (Sum of the standard deviation of securities)
= 39% ÷ (39% + 27%)
= 39% ÷ 66%
= 59.01%
Weight of security Y = 1 - Weight of security X
= 1 - 59.01%
= 0.41
Answer: $21,490,000
Explanation:
Contribution Margin is simply the Sales less the value of variable costs.
If the inventory had been sold in its entirety, it would have added its value to the sales which means that sales would have increased by the value of the inventory which is $21,490,000.
Let's calculate first how much money you earn:
40*8.75=350$
The transportation and lunch for the 5 days:
3.85*5=19.25$ (lunch)
4.25*5=21.25 (transportation)
Black slacks = 29.95
FICA = 7.65/100*350(money you earned) = 26.775$
Federal withholding = 12/100*350=42$
<span>State withholding = 8/100*350=28$
</span>
<span>Your discretionary income = 350-19.25-29.95-21.25-26.775-42-28=182.775$
</span>
The final answer is: A.<span>$182.77</span>
