The purpose of carrying inventory is to
A) have collateral for loans.
B) make sales more independent of the production process.
C) make different production processes more dependent on sales.
D) improve the current ratio.
Question 2
Richard has two investment opportunities. He can invest in The Sunglasses Company or The Umbrella Company.
If he diversifies his investment by putting 50 of his money into each company, what is the expected return and standard deviation of his portfolio?
State of the Economy Probability of the State Expected Return Sunglasses Company Expected Return
Umbrella Company
Sunny .50 25 0
Rainy .50 0 25
A) The expected return for the portfolio is 12.50 and the standard deviation 0.00.
B) The expected return for the portfolio is 25.00 and the standard deviation 0.00.
C) The expected return for the portfolio is 12.50 and the standard deviation 12.50.
D) The expected return for the portfolio is 25.00 and the standard deviation 25.00.
(a) Homologous traits are similar due to shared ancestry. (b) Analogous traits (bats’, birds’, and f
Who's carrying who?
Caleb Goodwin, Inventory of Slaves and Livestock.
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If we make the substitution z=sqrt(x) to ∫sqrt(1-sqrt(x)) dx, the resulting integral is