One of the ways to formulate the Markowitz model is to
A. maximize the variance of the portfolio subject to a constraint on the expected return of the portfolio.
B. minimize the expected return of the portfolio subject to a constraint on variance.
C. minimize the variance of the portfolio subject to a constraint on the expected return of the portfolio.
D. minimize the expected return of the portfolio with no constraint on variance.
Answer: C
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Statements on Standards for Accounting and Review Services establish standards and procedures for which of the following engagements?
A. Examining prospective financial statements. B. Assisting in adjusting the books of account for a partnership. C. Compiling an individual's personal financial statement to be used to obtain a mortgage. D. Processing financial data for clients of other accounting firms.
Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August 216 units were purchased at $7 per unit.August 1821 units were purchased at $9 per unit.August 2918 units were sold.What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.)
A. $146.52 B. $130.00 C. $301.00 D. $132.50 E. $189.00
Which of the following is/are not true?
a. U.S. GAAP and IFRS require firms to recognize the cost of retirement benefits (pensions, health care, life insurance) as an expense while employees work, not when they receive payments or other benefits during retirement. b. Employers often contribute cash to a trust, an entity administered by the employer, to fund their retirement obligations. c. The accounting records of the trust established to fund the retirement obligations are separate from the accounting records of the employer, and the amounts on the two sets of books usually differ. d. Payments to employees come from both the employer's contributions and investment returns of the trust established to fund the retirement obligations. e. all of the above
Identify and describe four publicity-based public relations tools.
What will be an ideal response?