A company is analyzing its month-end results by comparing it to both static and flexible budgets

During the previous month, the actual sales price was higher than the expected sales price as per the static budget. This difference results in a(n) ________.
A) favorable flexible budget variance for sales revenues
B) favorable sales volume variance for sales revenues
C) unfavorable flexible budget variance for sales revenues
D) unfavorable sales volume variance for sales revenues


A

Business

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The element of the marketing mix that describes a means of communication between the seller and buyer is known as

A. the place or distribution. B. a product. C. promotion. D. advertising. E. the price.

Business

Explain the difference(s) between internal and external consistency.

What will be an ideal response?

Business

Which of the following is a guideline for granting claims and requests for adjustment when your company is at fault?

A) Do not provide detail for how you plan to resolve the situation. B) Specifically assign blame to someone else in the organization. C) Start from the assumption that the information the customer provided is correct. D) Imply that the customer is at fault. E) Avoid taking or assigning personal responsibility for setting matters straight.

Business

Use the ETF data below:


a) Create a variance/covariance matrix using the data from the table.
b) Determine the weights for the minimum variance portfolio using Solver, excluding the world ETF (VT). Assume that short sales are allowed and that the proceeds from the shorted securities can be used to purchase more of the long positions.
c) Determine the weights of four additional portfolios that are in the efficient frontier using Solver excluding the world ETF (VT). Make sure that the target return of the last portfolio is equal to that of the ETF with the highest return.
d) Create a chart of the efficient frontier based on the portfolios created in part c, and that also includes the returns and standard deviations of the individual ETFs.

Business