What percentages of your money must be invested in the risky asset and the risk-free asset, respectively, to form a portfolio with an expected return of 0.09?
You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a T-bill with a rate of return of 0.05.
A. 85% and 15%
B. 75% and 25%
C. 67% and 33%
D. 57% and 43%
E. Cannot be determined.
D. 57% and 43%
9% = w1(12%) + (1 – w1)(5%); 9% = 12%w1 + 5% – 5%w1; 4% = 7%w1; w1 = 0.57; 1 – w1 = 0.43; 0.57(12%) + 0.43(5%) = 8.99%.
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The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$889,000?Net income for the year 265,000?Cash dividends declared for the year 49,000?Retained earnings balance at the end of the year 1,217,000?Cash dividends payable at the beginning of the year 11,400?Cash dividends payable at the end of the year 13,100?What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
A. $50,700. B. $47,300. C. $1700. D. $49,000. E. $73,500.
With respect to long-term liabilities, a horizontal analysis reveals ________.
The following is a summary of information presented on the financial statements of a company on
December 31, 2019.
A) long-term liabilities decreased by $19,000
B) long-term liabilities decreased by 33.33%
C) long-term liabilities decreased by 16.98%
D) long-term liabilities decreased by $7000
If the most optimistic time for completing an activity is 2, the most likely time is 4, and the most pessimistic time is 7, then the estimated time for the activity is ______.
A. 4.17 B. 10.58 C. 5.83 D. 6.42
Describe the two levels of value management: strategic and tactical
What will be an ideal response?