Cheng Inc. is considering a capital budgeting project that has an expected return of 24% and a standard deviation of 30%. What is the project's coefficient of variation? Do not round your intermediate calculations. Round the final answer to 2 decimal places.
A. 1.08
B. 1.40
C. 1.03
D. 1.25
E. 0.99
Answer: D
You might also like to view...
Which of the following is not true about preparing a check?
a. The signature box should be defaced; b. All aspects of the check should be reviewed for correctness; c. The check stub should be completed; d. The written amount should be followed by a line to fill in any remaining space; e. The check should be dated.
A fixed asset with a cost of $41,000 and accumulated depreciation of $36,000 is traded for a similar asset priced at $50,000. Assuming a trade-in allowance of $4,000, the cost basis of the new asset is
A) $54,000 B) $45,000 C) $51,000 D) $50,000
What is the overhead allocated to Product B using activity-based costing?
A) $135,000 B) $175,000 C) $292,500 D) $285,500
Answer the following statement(s) true (T) or false (F)
1. The purpose of a commercial bank is to make a profit. 2. Commercial banks are the only legal system that can accept deposits from customers and provide them a checking account. 3. Mutual savings banks are depositor-owned, and are primarily concentrated in the New England states, New York, and New Jersey. 4. Only institutions that provide banking services qualify as financial institutions. 5. Insurance companies, pension funds, large brokerage houses, and consumer finance companies are all classified as nonbanking financial institutions because they act as sources and users of funds.