The expected return of a portfolio of two investments will be equal to the sum of the expected returns of the two investments plus twice the covariance between the investments
Indicate whether the statement is true or false
F
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What are the two main sources of uncertainty in cost management?
Letter of credit transactions involve ______ contract(s)
A) one (1 ) B) two (2 ) C) three (3 ) D) four (4 )
Grainne is an inside salesperson who earns an annual salary of $32,800 (paid biweekly) plus a commission on quarterly sales that is paid on the first pay date on the next quarter. She receives a 1% commission for quarterly sales totaling $0 to $25,000, a 2% commission for quarterly sales totaling between $25,001 and $50,000, and a 3% commission for quarterly sales totaling over $50,001. During
the second quarter, Grainne's quarterly sales totaled $46,750. What is her gross pay for the first pay period in July? (Do not round interim calculations. Round final answer to 2 decimal places.) A) $1,729.04 B) $2,301.67 C) $2,196.54 D) $2,664.04
Kellogg's has several cereals targeted at different types of users. This is an example of multiple products aimed at multiple markets. Manufacturing these different cereals is clearly more expensive than producing only one but seems worthwhile if it adds to the manufacturer's sales revenues and profits, doesn't reduce quality or increase price, and
A. decreases the cost of the physical plant. B. stabilizes competition. C. better serves customers' needs. D. uses the same promotion and packaging for all segments. E. conforms to all FDA guidelines.