If two stocks have a correlation of +1, then the standard deviation of a portfolio between them is given by:
?p = w?1 + (1 - w)?2
Indicate whether the statement is true or false
TRUE
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When two or more capital investment proposals are being evaluated using the accounting rate-of-return method, the proposal that yields the highest ratio of net income to average cost of investment is selected
Indicate whether the statement is true or false
The following lots of a particular commodity were available for sale during the year: Beginning inventory 5 units at $61 First purchase 15 units at $63 Second purchase 10 units at $74 Third purchase 10 units at $77 The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year according to the
average cost method? A) $1,380 B) $1,375 C) $1,510 D) $1,220
Labor unions that have the power to elect their own officials, manage their own finances, and make their own strategic and tactical decisions are called ______________________ unions.
Fill in the blank(s) with the appropriate word(s).
What is the similarity between a buyer's remedy of capture and replevy?
A) both are invoked when the buyer has to cover B) both are invoked for accepting nonconforming goods C) both help the buyer to receive damages D) both help the buyer recover goods from the seller