Author Question: The purpose of maintaining a raw materials inventory is to integrate the purchasing and production ... (Read 66 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The purpose of maintaining a raw materials inventory is to integrate the purchasing and
  production functions.
 
  Indicate whether the statement is true or false

Question 2

Andre is considering an investment in Bristol Inc. and has gathered the following information. What is the expected standard deviation for a share of the firm's stock?
 
  State of the Economy Probability of the
  State Conditional Expected Return
  Bristol Inc.
  Recession .20 -10
  Steady .50 10
  Boom .30 45
 
  A) 17.48
  B) 122.63
  C) 20.13
  D) 5.14



harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

FALSE

Answer to Question 2

Answer: C
Explanation: C) Standard deviation = (rs - E(r))2  probs1/2
= (-10 - 16.50)2  .20 + (10 - 16.50)2  .50 + (45 - 16.50)2  .301/2
= 20.13.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library