McLeod Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investment's coefficient of variation?
A. 0.67
B. 0.73
C. 0.81
D. 0.89
E. 0.98
Answer: A
You might also like to view...
Cyber-hangouts in Europe try to increase customer traffic with computer game competitions. In doing so, the retailers show their awareness of the importance of ________ in designing the activities offered in the store
A) lifestyle B) self-concept C) family life cycles D) situational influences E) social class
If the standard to produce a given amount of product is 600 direct labor hours at $15 and the actual was 500 hours at $17, the time variance was $1,700 unfavorable
Indicate whether the statement is true or false
Mars Industries assembles industrial machines using four components in series. Customers who purchases these machines require a reliability of 0.95. In order to achieve a reliability of 0.95, what should be the individual reliability of the individual components?
a. 0.987 b. 0.897 c. 0.768 d. 0.934
Effects Manufacturing produces a pesticide chemical and uses process costing
There are three processing departments-Mixing, Refining, and Packaging. On January 1, the Refining Department had 4,000 gallons of partially processed product in production. During January, 30,000 gallons were transferred in from the Mixing Department, and 30,000 gallons were completed and transferred out. At the end of the month, 4,000 gallons of partially processed product remained in the Refining Department. See additional details below. Refining Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 76% What was the total number of equivalent units of production for conversion costs for the month of January for the Refining Department? A) 3,040 units B) 33,040 units C) 30,000 units D) 3,760 units