Which sentence expresses numbers correctly?
A) The accident at the intersection of 5th Avenue and 11th Street caused traffic to be rerouted.
B) The accident at the intersection of Fifth Avenue and 11th Street caused traffic to be rerouted.
C) The accident at the intersection of Fifth Avenue and Eleventh Street caused traffic to be rerouted.
B
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Self-pity is a productive behavior
Indicate whether the statement is true or false
An inventory turnover ratio of 8.5 times indicates that:
A. the inventory of the firm turns over after 8.5 days. B. the value of the inventory of the firm is 8.5 percent of the total assets of the firm. C. the value of sales of the firm is 8.5 times the cost of goods sold. D. the firm will restock its inventory every 42 days. E. the firm pays for its inventory once in 42 days.
When dissolution takes place by voluntary action, the members of the board of directors are responsible for winding up the affairs of the corporation
Indicate whether the statement is true or false
You construct an equally weighted, two asset portfolio between ACME Corp, an American valve and regulator manufacturer, and Wayne Enterprises, a Hong Kong property company
The standard deviation of the returns on ACME's shares is 30% and 55% on Wayne Enterprises. Because of the international diversification, the returns on the two companies have no covariance (correlation = zero). What is the standard deviation of returns of the portfolio? A) 9.81% B) 17.60% C) 22.50% D) 31.32% E) 42.50%