Your timing was good last year. You invested more in your portfolio right before prices went up, and you sold right before prices went down. In calculating historical performance measures, which one of the following will be the largest?
A. dollar-weighted return
B. geometric average return
C. arithmetic average return
D. mean holding-period return
A. dollar-weighted return
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Selling Expenses include
a. Office Salary Expense. b. Advertising Expense. c. Insurance Expense. d. Rent Expense.
The income statement reports all of the following except:
A. The time period over which the earnings occurred. B. Expenses incurred by a business. C. Revenues earned by a business. D. Assets owned by a business. E. Net income or loss earned by a business.
If a willful violation results in the death of an employee, the Occupational Safety and Health Administration (OSHA) can assess penalties up to __________ for an individual or __________ for a corporation.
A. $50,000; $100,000 B. $100,000; $250,000 C. $250,000; $500,000 D. $500,000; $1 million
The ________ is the value of the mutual fund's holdings, minus any debt, divided by the number of shares outstanding
A) net worth B) market value C) tangible value D) net asset value E) none of the above