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Author Question: The following two items are from Marcia White's Dining Out expense category: 1. January monthly ... (Read 40 times)

Destiiny22

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on: Jul 11, 2018
The following two items are from Marcia White's Dining Out expense category:
  1. January monthly variance = 25 (favorable);
  2. February cumulative variance = -10 (unfavorable).
 
  If Marcia budgeted 85 a month for this activity, we know that she
  A)
 
  spent 60 in January and 95 in February.
  B)
 
  spent 60 in January and 120 in February.
  C)
 
  can bring the activity back within budget by spending 85 in March.
  D)
 
  has not budgeted properly.

Question 2

Which of the following statements is MOST correct concerning diversification and risk?
 
  A) Proper diversification generally results in the elimination of risk.
  B) Risk-averse investors often choose companies from different industries for their portfolios
  because the correlation of returns is less than if all the companies came from the same
  industry.
  C) Risk-averse investors often select portfolios that include only companies from the same
  industry group because the familiarity reduces the risk.
  D) Only wealthy investors can diversify their portfolios because a portfolio must contain at least
  50 stocks to gain the benefits of diversification.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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thall411

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Destiiny22

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

bassamabas

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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