Consider the following information for stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1.)


Stock Expected Return Standard Deviation Beta
A 8.50% 16% 0.8
B 9.50 16 1.2
C 10.50 16 1.6

Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 6.5%, and the market is in equilibrium. (That is, required returns equal expected returns.)

Required:
a. What is the market risk premium?
b. What is the beta of Fund P?
c. What is the required return of Fund P?
d. Would you expect the standard deviation of Fund P to be less than 15%, equal to 15% or greater than 15%? Explain.

Answers

Answer 1

Answer:

a. $2.5

b. 1.20

c. 9.5%  

Explanation:

We can calculate the market risk premium and the required return according to the CAPM model by using the simple expected return formula given below. Average beta can be calculated by dividing the sum of all beta with the number of betas

(a) Computation of the market risk premium

According to the CAPM model

Expected Return = Risk-free rate of return + Beta (Risk premium )

8.50 = 6.5 + 0.8(Risk premium )

Risk Premium = (8.50 - 6.5) / 0.8

Risk Premium = $2.5

(b) Computation of the beta of Fund P.We have,

Average of beta = ( 0.8 + 1.2 + 1.6) / 3

Average of beta = 1.20

(c) Computation of the required return of Fund P

Required Return = Risk-free rate of return + Beta x Risk premium

Required Return = 6.5 + 1.20 (2.50 )

Required return = 9.5%  

 

(d) If the correlation coefficient of the portfolio shall be 1. In this situation, unsystematic risk can not be diversified. So, The standard deviation of the fund P is equal to 15%.  

If the correlation coefficient of the portfolio shall be a range of 0 to 1. In this situation, unsystematic risk can be a little bit diversified. So, The standard deviation of the fund P should be less than 15%.


Related Questions

Match each retail term with the correct definition

Answers

Answer:

what retall terms

Explanation:

QUESTION 39
Which of the following is true regarding an exclusive agency listing?
The broker has the exclusive right to sell the property for a specified period of
O The broker operating under this listing is entitled to a commission only if he or
The seller has the right to sell the property himself or herself without being ob
O The seller must pay the broker his or her commission irrespective of who foun

Answers

Regarding an exclusive agency listing, the correct statement is:

Only if the broker who operates under this listing finds a buyer for the property is entitled to a commission.

Who are Brokers?

Brokers are professionals who connect buyers and sellers of a variety of assets, including stocks, bonds, real estate, and commodities. By bringing together buyers and sellers and assisting them in negotiating deals that are advantageous to both parties, their function is to facilitate transactions.

Brokers are licensed professionals who help clients buy, sell, or rent homes in the real estate industry. They may work for a real estate agency or independently and typically receive a commission based on the transaction's value. Market research, property advertising, showing properties to potential buyers, and contract negotiation are all responsibilities of brokers. They are also in charge of making sure that the transaction goes according to all of the legal and regulatory requirements.

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your newest coworker is not as productive as the other members of your team you and your cowworkers have to work harder to make up for this what would you be most and least likely to do

Answers

I would offer her tips and pointers on how to complete tasks effectively and appropriately.

The ability to work more productively and efficiently is a skill that can be applied to any job. She could not be familiar with these tips, though, making her less productive than the rest of you as the newest employee.

Giving her advise and pointers on how to be more effective at work is the best thing you can do is to give tips, and you should hope that she does so because it will benefit both you and your coworkers by lowering your stress levels.

So, I would offer her tips and pointers on how to complete tasks effectively and appropriately if In order to make up for your newest coworker's lack of productivity compared to the other team members, you and your coworkers must put in more effort.

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Lisa, a supervisor at a manufacturing facility, suspects that one of her subordinates may be under the influence of drugs or alcohol. Which one of the following, if true, would lead Lisa to this conclusion?

Answers

If Lisa suspects that one of her subordinates is under the influence of drugs or alcohol, she should approach the situation with sensitivity and professionalism.

If Lisa suspects that one of her subordinates may be under the influence of drugs or alcohol, there could be several signs or symptoms that may lead her to this conclusion. One possible indicator is a change in behavior or attitude. For example, if the subordinate has become increasingly moody, agitated, or withdrawn, this could be a sign that they are struggling with substance abuse. Another possible sign could be a decline in job performance, such as missing deadlines, making mistakes, or being frequently absent from work. The subordinate may also exhibit physical symptoms, such as bloodshot eyes, slurred speech, or unsteadiness on their feet. Furthermore, Lisa may observe that the subordinate is experiencing financial problems, as drug and alcohol addiction can be costly and may lead individuals to miss work or spend their money on substances rather than other necessities. Lisa may also notice that the subordinate has become more secretive or defensive, particularly when questioned about their behavior or whereabouts. It is important to gather as much information as possible before making any accusations or taking any disciplinary action. She may also consider seeking guidance from the company's human resources department or employee assistance program to ensure that the subordinate receives the help they need to overcome their addiction.

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Customers might sometimes describe contradictory needs

Answers

Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.

When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.

This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.

Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

Customers might sometimes describe contradictory needs.

A. A customer's needs can sometimes be confusing.

B. Customers might sometimes give vague descriptions.

C. Customers sometimes describe needs that oppose each other.

D. Some customers are extremely thorough in describing their needs.

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Summarize chaleff’s courageous followership? I need help!!

Answers

Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively.

Chaleff's courageous followership is a concept that highlights the significance of followers who possess the courage and willingness to actively engage in their roles and influence their leaders and organizations in a positive manner. It challenges the traditional notion that followers should simply obey and conform to their leaders without question.

According to Chaleff, courageous followership involves followers who are willing to speak up, take initiative, and provide constructive feedback to their leaders. These followers are not afraid to express their opinions, voice concerns, and offer alternative viewpoints, even when it goes against the prevailing norms or authority. They understand that their active participation is crucial for the success and growth of the organization.

Courageous followers also exhibit ethical behavior and take responsibility for their actions. They hold themselves accountable for their decisions and actions, aligning their behaviors with their values and the organization's values. They are willing to stand up against unethical practices and unethical leadership when necessary, with the aim of promoting integrity and ethical decision-making within the organization.

Chaleff's courageous followership promotes a collaborative and mutually beneficial relationship between leaders and followers. It encourages leaders to create an environment where followers feel safe and empowered to express their ideas and concerns. By fostering open communication and embracing diverse perspectives, leaders can tap into the full potential of their followers and create a culture of innovation and adaptability.

In summary, Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively. It advocates for a dynamic and collaborative relationship between leaders and followers, ultimately aiming to enhance organizational effectiveness, ethical decision-making, and overall success.

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What elements should an ideal CRR plan include?

Answers

The following components belong in a perfect CRR plan. communication lines that are clear, empathy and understanding, activity that is swift and efficient, Feedback and follow-up Continual development

A CRR report: what is it?

The Cyber Resilience Assessment (CRR) is an evaluation of an organisation s resilience or cybersecurity measures based on interviews. Your organization will get knowledge of how to handle cyber risk during both regular operations and during periods of stress levels and catastrophe through the CRR.

What is CRR's emergency response?

Your department can use what you already know to reduce hazards in your operational area with the aid of a community reducing risk (CRR) program. CRR employs a wide range of instruments to create a strategy and integrated program aimed at minimizing the occurrence and effects of local risks.

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If you have money in a savings account, you will do better if the bank pays you _________., a. simple interest, b. compound interest, c. it doesn't matter whether the interest in simple or compound, it's only the interest rate that matters, d. the question cannot be answered because banks rarely pay compound interest on savings account
C, It doesn't matter whether the interest in simple or compound, it's only the interest rate that matters. is the wrong answer

Answers

If you have money in a savings account, you will do better if the bank pays you compound interest (option B)

What is compound interest?

When an account earns a simple interest, the amount in the account grows linearly. When an amount earns a compound interest, the amount invested grows at an exponential rate.

An account that earns a compound interest grows at a faster rate than an account that earns a simple interest.

The formula that can be used to determine the future value of an account when there is a simple interest is:

Future value = amount invested + interest earned

Interest earned = amount invested x time x interest rate

The formula that can be used to determine the future value of an account when there is a compound interest is:

FV = P(1 + r)^n

Where:

P = amount investedr = interest raten = number of years

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In its first year of operations Best Corp. had income before tax of $540,000. Best made income tax payments totaling $177,000 during the year and has an income tax rate of 30%. What was Best's net income for the year?

Answers

Answer:

$378,000

Explanation:

Best Corp. has income before tax of $540,000.

The tax rate is 30%.  the amount of tax will be 30% of $540,000.

= 30/100 x $540,000

=0.3 x 540,000

=$162,000

Tax amount = $162,000.

Net income =  Income before tax - tax amount

=$540,000 - $162,000

=$378,000

Explain how opportunity cost is different for economic goods and free goods

Answers

Answer:

The difference is that free goods have exactly zero opportunity cost, because they cost nothing, their price is zero, and their use is non rival, and non excludable, meaning that if a person uses a free good, that person does not prevent any other person from using the good.

Economic goods, on the other hand, are goods that have a price, and that have a cost of production. Besides they are rival and/or exclusionary. The opportunity cost of an economic good varies depending on the good, but it is never zero.

Write a 750-1,000 word paper that includes the following criteria: Describe the top three internal and top three external risks currently threating PHI data within your selected organization. Explain how risk assessments are conducted within the organization. Discuss who conducts these assessments and with what frequency. How do these assessments mitigate the risks you have identified

Answers

Answer:

as

Explanation:

ss

Normal and inferior goods are differently impacted by recessions. Examples include new cars versus fast food. The textbook examples include jewelry, gourmet pet food, dollar general stores. For this assignment, research four other examples of inferior goods. Consider the impact of economic recessions and expansions on normal goods. In addition, discuss how revenues of inferior goods producers are expected to be affected by economic recessions and expansions.

Answers

Answer:

research four other examples of inferior goods.

There are many examples of inferior goods. Inferior goods are al those goods whose demand rises in times of economic recession. Some examples are:

Cheap food substitutes like supermarket coffee, instantaneous ramen, or canned vegetables.

Cheap clothes.

Flights in low-cost airlines.

Consider the impact of economic recessions and expansions on normal goods.

Economic recessions impact normal goods negatively because people have less income to spend, and they opt to substitute the normal goods for inferior goods.

discuss how revenues of inferior goods producers are expected to be affected by economic recessions and expansions.

In economic recessions, revenues for producers of inferior goods are expected to rise because demand for inferior goods grows. However, because inferior goods are precisely cheaper, this does not necessarily mean that every inferior good producer will make a lot of money.

In economic expansions, revenues for producers of inferior goods will fall, because people, with more income, will flock to normal goods or even luxury goods.

Discuss the challenge created for financial accountants by the presence of uncertainty.

Answers

Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.

The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:

Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.

Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.

Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.

Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.

Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.

This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.

Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.

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What is a family brand?
O A. A brand used during the maturity stage of the product life cycle
O B. A brand for children's producto
O C. A brand for the products in one or more product lines
O D. Goods purchased for use by a family
SUBMIT

Answers

Anwser: C. A brand for the products in one or more product lines

Answer:

The correct answer is c

A consumer is likely to have a broad search including more brands during an external information search when:

Answers

Answer:

There is a direct relationship between perceived risk and external research.  The higher the perceived risk, the more external research a consumer will carry out. Perceived risk is not simply fearing that you will make a bad purchase, but it also refers to the costs and benefits associated with the purchase.

The higher the benefits that a consumer can obtain from a purchase, the higher the risk of not getting enough benefits if they make a bad choice. E.g. if you have a lot of good choices available, then you will want to do some more research to choose the best one.

Generally consumers include more brands in their search when they are physically in stores. As consumers we generally consider a very limited number of brands when we shop online, but when we are in a store, we tend to broaden our search and include al the brands that we find.

while shopping grey spend 90% of the money she had if she has $4,500 on shopping what was amount of money spent​

Answers

Answer:

$4,050

Explanation:

Grey has $4,500 for shopping.

She spent 90%  while on shopping.

The amount spent = 90/100 x $4500

=0.9 x $4,500

=$4,050

Discuss the various system for internal administration for financial organisation. ​

Answers

The various system for the internal administration of financial organizations includes accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.

Internal administration systems for financial organizations are systems that oversee the internal functioning of the financial organizations and their staff. They enable businesses to establish and follow specific procedures that ensure their operations are stable, transparent, and responsible.

Here are some of the various systems for internal administration for financial organizations:

1. Accounting systems: Accounting systems are essential to ensure the accuracy of financial transactions and the reliability of financial statements. The accounting system should provide information about the current financial status of the organization and account for all income and expenses.

2. Budgeting systems: Financial organizations use budgeting systems to allocate resources and plan expenditures. This system can be used to control the financial performance of a department, project, or organization.

3. Internal controls: Internal controls are the procedures, policies, and activities that help an organization to maintain the integrity of its operations and prevent fraud. The effectiveness of these controls depends on how well they are implemented.

4. Performance management systems: Performance management systems are used to ensure that the goals of an organization are achieved. This system can be used to monitor and evaluate employee performance, provide feedback, and manage employee development.

5. Risk management systems: Risk management systems help financial organizations to identify and manage risks. They can be used to assess the risk associated with various activities and develop strategies to mitigate those risks.

6. Compliance management systems: Compliance management systems help financial organizations ensure that they are following all relevant regulations and laws. They can be used to monitor compliance with internal policies and procedures as well as external regulations.

In conclusion, internal administration systems for financial organizations are essential for ensuring the stability and transparency of financial operations. These systems include accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.

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How does a production possibility chart assist in outlining opportunity cost?

1.lt compares profit potential of one product to another.

2.It compares production cost of one product to another.

3.It compares production numbers of one product to another.

4.lt compares consumer demand of one product to another.​

Answers

Hi I wanna is the last day

Complete this question by entering your answers in the tabs below.

Req 1Req 2Req 3 to 5Req 6
Prepare a contribution format income statement.

Todrick Company
Contribution Format Income Statement
Sales $480,000
Variable expenses:
Cost of goods sold $16,000
Selling expense 24,000
Administrative expense 40,000
80,000
Contribution margin 96,000
Fixed expenses:
Administrative expense $19,200
Selling expense
19,200
Net operating income $28,800
Req 1Req 2

Answers

The necessary entry to illustrate the information is written below.

How to depict the entries

One of a company's financial accounts, the income statement or profit and loss account, lists the company's receipts and outgoings for a specific time period.

Sales  $ 480,000

Variable Expenses  

COGS $ 336,000

Selling Expenses $ 24,000

Admin Expenses $ 24,000

$ 384,000

Contribution Margin  $ 96,000

Selling Expenses $ 48,000

Admin Expenses $ 19,200

$ 67,200

Net Income  $ 28,800

Sales  $ 480,000

Variable Expenses  

COGS $ 336,000

$ 336,000

Gross Margin  $ 144,000

Selling Expenses $ 72,000

Admin Expenses $ 43,200

$ 115,200

Net Income  $ 28,800

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SOMEONE PLEASE ANSWER ILL GIVE BRAINLIEST I PROMISE FAST PLEASE

SOMEONE PLEASE ANSWER ILL GIVE BRAINLIEST I PROMISE FAST PLEASE

Answers

Answer:

pretty sure its B

Explanation:

Why do many businesses incorporate in Delaware?

Federally-chartered banks must belong to the Federal Reserve System.
It is the smallest state in the Union.
The laws are favorable toward businesses.
The government does not require state-chartered banks to belong to the Federal Reserve System.

Answers

Many businesses incorporate in Delaware because:

C. The laws are favorable toward businesses.D. The government does not require state-chartered banks to belong to the Federal Reserve System.

Why do Companies Incorporate in Delaware?

In 2020, the state saw an additional 250,000 new businesses register in the state which pushes the total number of businesses to over 1.6 million. The state become recognized as a corporate paradise and is “home” to such famous firms as Ama-zon, Go-ogle, Tesla, Walmart, American Express, Di-sney etc.

Despite being the second smallest state, it also seem odd that Delaware became the business mecca it is today. Its has been incentivizing businesses to stay with lenient tax policies, reduced restrictions and simplified corporate laws. In conclusion, the key benefits to incorporating in Delaware are tax benefits, privacy, expediency, simplified structure and the corporation court.

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If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equal

Answers

Answer:

C

Explanation:

If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =

$120000. The Long-term debt equalj

Hey everyone, I have a question about budget lines and indifference curves in relation to government subsidies.
A government subsidy programme lowers the price of food to poor consumers from $3 per unit to $2 per unit. Assume that food and “all other goods” (AOG) are both normal goods for the typical poor consumer, who has a budget of only $12. Let the price of AOG be $1. (My graph is attached)


Question: Indicate on your graph how much the program costs the government for the representative consumer.

Can you please explain it to me, I’m very confused. Would it be from A to C? I just don’t know why.

Thank you in advance :)

Hey everyone, I have a question about budget lines and indifference curves in relation to government

Answers

The cost of the subsidy program for the representative consumer would be $6.

How to determine the cost

In this scenario, we have a government subsidy program that reduces the price of food for poor consumers from $3 per unit to $2 per unit. The typical poor consumer has a budget of $12 and faces a price of $1 for all other goods (AOG).

To determine the cost of the subsidy program for the representative consumer, we need to consider the quantity of food that the consumer can purchase before and after the subsidy.

Before the subsidy:

With a budget of $12 and food priced at $3 per unit, the consumer can afford to purchase $12 / $3 = 4 units of food.

After the subsidy:

With the subsidy reducing the price of food to $2 per unit, the consumer can now purchase $12 / $2 = 6 units of food.

The difference in the quantity of food purchased before and after the subsidy is 6 - 4 = 2 units.

To calculate the cost of the subsidy program, we multiply the additional quantity of food (2 units) by the original price of food ($3 per unit):

Cost of the subsidy = 2 units * $3 per unit = $6.

Therefore, the cost of the subsidy program for the representative consumer would be $6.

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Blossom Company borrows $69,600 on July 1 from the bank by signing a $69,600, 10%, 1-year note payable.

(A) prepare the journal entry to record the proceeds of the note.

(B) Prepare the journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year.

Blossom Company borrows $69,600 on July 1 from the bank by signing a $69,600, 10%, 1-year note payable.(A)

Answers

To record the proceeds of the note, the following journal entry is made:

Date | Account | Debit | Credit

July 1 | Cash | $69,600 |

          | Notes Payable | | $69,600

What is the journal entry to record the proceeds of the note?

The company received $69,600 in cash, which is recorded as a debit to the Cash account. The company incurred a liability by borrowing the money, which is recorded as a credit to the Notes Payable account.

To record accrued interest at December 31, the following journal entry is made:

Date | Account | Debit | Credit

December 31 | Interest Expense | $6,960 |

                      | Interest Payable | | $6,960

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5. Which element of effective communication means that useful information is provided to help the receiver of the message
understand a particular subject?
Direct
Factual
Concise
Persuasive
Practical

Answers

The practical element of effective communication means that useful information is provided to help the recipient of the message understand a particular subject.

Practical communication is essential in the workplace, where there are rules, policies and procedures that must be understood and followed by all employees.

Therefore, effective communication is essential for social and professional life, and understanding the different forms of communication and where they should be used correctly will be essential to increase reliability and understanding of what is intended to communicate.

Through practical communication an organization for example can increase understanding of its policy and rules to achieve greater compliance.

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"unemployed person." Your definition should answer such questions as: Are students on summer vacation unemployed? Are college professors who do not teach summer school unemployed? At what age are people considered to be eligible for the workforce? Are people who are out of work but not actively seeking a job unemployed?

Answers

Unemployed people are those who don't have a job but are looking for one and are willing to work. Both working and jobless people are part of the labor force.

Are students on summer vacation unemployed?

Individuals who are neither employed or looking for work are not part of the labor force. Your base period non-school earnings are sufficient to support a legitimate claim. When determining whether you have accrued sufficient income to support an Unemployment Insurance (UI) claim, we use a specified 12-month period known as a base period.

You can work for a school employer who has said they may contact you to work during break time. When the break is over, you don't have a good guarantee that you'll be able to go back to work. Your job may be affected by program changes, financing, or enrollment.

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Estimate the gross profit for 2021 as follows: In cell C15, create a formula without using a function that subtracts the vendor cost (cell C7) and the shipping cost (cell C9) from the sales price (cell (3), and then multiplies the result by the projected number of units for sale in 2021 (cell C10). Use absolute references to each cell in the formula.
im confused about the using absolute reference for this question​

Answers

The formula for estimating the gross profit for 2021 is:Total revenue for 2021 = (Sales price - Vendor cost - Shipping cost) * Projected number of units for sale in 2021.  the formula =(C3-C7-C9)*C10 in cell C15 to calculate the total revenue for 2021.


To estimate the gross profit for 2021, we need to calculate the total revenue and the total cost of goods sold (COGS) for the year. The difference between these two figures will give us the gross profit.

In cell C15, we can create a formula to calculate the total revenue for 2021. We will do this by subtracting the vendor cost and shipping cost from the sales price, and then multiplying this result by the projected number of units for sale in 2021.

To do this, we can use the following formula in cell C15:

=(C3-C7-C9)*C10

Here, we are subtracting the vendor cost (C7) and shipping cost (C9) from the sales price (C3) using the subtraction operator (-). We then multiply this result by the projected number of units for sale in 2021 (C10) using the multiplication operator (*).

It is important to use absolute references to each cell in the formula so that we can copy and paste the formula to other cells without changing the cell references. To create an absolute reference, we need to add a dollar sign ($) before the column and row references in the cell reference. For example, to create an absolute reference to cell C3, we would use $C$3.

Once we have calculated the total revenue for 2021, we can calculate the total COGS for the year by adding up all the costs associated with producing and selling the units. This might include materials, labor, and other overhead costs. Subtracting the COGS from the total revenue will give us the gross profit for 2021.

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ABC Electronics Corporation Ltd. recently diversified its activities and started producing computers. It employed personnel at lower level and middle level. It has received several applications for the post of Commercial Manager-Computer Division. It could not decide upon the suitability of the candidate to the position, but did find that Mr. David is more qualified for the position than other candidates. Now the Corporation has created a new post below the cadre of General Manager i.e. Joint General Manager and asked Mr. David to join the Corporation as Joint General Manager. Mr. David agreed to it viewing that he will be considered for the General Manager's position based on his performance. Mr. Henery, the Deputy General Manager of the Corporation and one of the candidates for General Manager's position was annoyed with the management's practice. But, he wanted to show his performance record to the management at the next appraisal meeting. The management of the Corporation asked Mr. Smith, General Manager of Televisions Division to be the General Manager in-charge of Computer Division for some time, until a new General Manager is appointed. Mr. Smith wanted to switch over to the Computer Division in view of the prospects, prestige and recognition of the position among the top management of the Corporation. He viewed this assignment as a chance to prove his performance. The Corporation has the system of appraisal of the superior's performance by the subordinates. The performance of the Deputy General Manager, Joint General Manager and General Manager has to be appraised by the same group of subordinates. Mr. David is a stranger to the system as well as its Modus Operandi. Mr. Smith and Mr. Henery were competing with each other in convincing their subordinates about their performance and used all sorts of techniques for pleasing them like promising them a wage hike, transfers to the job of their interest, promotions etc. However, these two officers functioned in collaboration with a view to pull down Mr. David.

Answers

There should be a structured evaluation tool to analyze the performance appraisal

What is performance appraisal?

The other parts of the question include:

a. How do you evaluate the workers appraisal in this case?

b. Do you suggest any technique to avert politics creeping into the performance of appraisal?

It should be noted that performance appraisal simply means review if the job performance of an employee.

In order to evaluate the workers appraisal, specific goals should be set and there should be performance standards.

The technique to avert politics creeping into the performance of appraisal is that personal bias should be avoided and the employees should be aware of the performance appraisal tools.

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Answer:

Explanation:

How do you evaluate the workers' appraisal in this case?

b) Do you suggest any techniques to avert politics creeping into the process of performance appraisal by subordinates?

(c) What measures would you like to suggest in dispensing with such an appraisal system?

7. A fast-food chain plans to expand by opening several new restaurants. The chain operates two types of
restaurants, drive-through and full-service. A drive-through restaurant costs RM 100.000 to construct,
requires 5 employees, and has an expected annual revenue of RM 200.000. A full service restaurant
costs RM 150.000 to construct, requires 15 employees, and has an expected annual revenue of RM
500,000. The chain has RM 2,400,000 in capital available for expansion. Labor contracts require that
they hire no more than 210 employees, and licensing restrictions require that they open no more than
20 new restaurants.
(a) How many restaurants of each type should the chain open in order to maximize the expected
revenue? [1 point)

Answers

Explanation:

                               Drive through                Full Service

Annual revenue          200,000                       500,000

Cost                               100,000                        150,000

Income                           100,000                        350,000

Employee                            5                                   15

Income / employee         20,000                        23,333.33

Using simultaneous equation ,

Let X represent the drive through service  ,and Y represent the full service restaurant

Budget = 100,000x + 150,000y ≤ 2,400,000  (equation 1)

Employer = 5x + 15y ≤ 210   (equation 2)

(Divide equation 1 by 10 ,000)

                     10x+ 15y ≤ 240 (equation 3)

Using elimination method, multiply equation 2 by -2

                      10x +15y ≤240

                      -10x - 30y ≤-420

                        -15y ≤ -180

                             y≤ -180/-15

y = 12

substitute y = 12 in equation 3

10x + 15y≤240

10x +180 ≤240

10x≤240-180

10x≤60

x≤6

                   

12         1,800,000      180

6           600,000         30

6 drive through services and 12 full services should be opened.

                           6 Drive through                12 full service            20

Cost                             600,000                      1,800,000           2,400,000

Employees                      30                                 180

Net income                     600,000                    4,200,000

Imagine that every year, more and more water parks are being built in cities in the state of Nevada. No other state in America is experiencing this growth in the number of water parks.
Which of the following questions would a geographer ask to try to understand this growth in water parks?
A.
Why do water parks only allow two people down a water slide at a time?
B.
What is special about Nevada that explains the rising number of water parks?
C.
What color swimsuit is most popular among children in Nevada?
D.
Where do people in Nevada shop for water toys?

Please select the best answer from the choices provided
A
B
C
D

Answers

The answer is B , because all the other answers aren’t important with answering that question .
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