Which of the following accounts is decreased by a debit entry?
A) Cash
B) Prepaid insurance
C) Accounts payable
D) Insurance expense
C
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Why have firms adopted sales force automation systems?
What will be an ideal response?
What is a mandatory requirement for successfully creating a new venture?
a. Being in the right place b. Always having a sense of urgency c. Spending time with customers in a selected industry niche d. Trusting your instincts
Which of the following is NOT a bailment?
A) sending a box of books via Air Canada to Vancouver from Ottawa B) leaving your lap top computer in your hotel room when you are at dinner C) buying a ticket to a Blue Jays game D) taking your computer into to Best Buy to be repaired E) borrowing your neighbour's lawnmower to cut your grass
Stocks A, B, and C all have an expected return of 10% and a standard deviation of 25%. Stocks A and B have returns that are independent of one another, i.e., their correlation coefficient, r, equals zero. Stocks A and C have returns that are negatively correlated with one another, i.e., r is less than 0. Portfolio AB is a portfolio with half of its money invested in Stock A and half in Stock B. Portfolio AC is a portfolio with half of its money invested in Stock A and half invested in Stock C. Which of the following statements is CORRECT?
A. Portfolio AC has an expected return that is less than 10%. B. Portfolio AC has an expected return that is greater than 25%. C. Portfolio AB has a standard deviation that is greater than 25%. D. Portfolio AB has a standard deviation that is equal to 25%. E. Portfolio AC has a standard deviation that is less than 25%.