Stock A has the following returns for various states of the economy:

State of the
Economy Probability Stock A's Return
Recession 9% -72%
Below Average 16% -15%
Average 51% 16%
Above Average 14% 35%
Boom 10% 85%
Stock A's expected return is

A) 13.8%. B) 9.9%. C) 12.7%. D) 16.5%.


C

Business

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. ____________________is about people who share something relationally, mentally, physically, psychologically, economically, or spiritually with one another.

a. Family b. Work-life balance c. Collegiality d. Friendship

Business

The accrual basis of accounting results in a more accurate measurement of net income for the period than does the cash basis of accounting

Indicate whether the statement is true or false

Business

Delectable Foods produces a gourmet condiment that sells for $20 per unit. Variable cost is $8 per unit, and fixed costs are $5000 per month. If Delectable expects to sell 1500 units, compute the margin of safety in dollars. (Round any intermediate calculations to the nearest whole unit, and your final answer to the nearest dollar.)

A) $21,660 B) $1083 C) $5000 D) $8664

Business

The weighted average method matches the costs of inventory items with the revenue generated by the sale of the inventory items.

Answer the following statement true (T) or false (F)

Business