In year 1 ending inventory is overstated by $2,000. explain the effect on cost of goods sold, gross profit and net income in year 1 and year 2 .

When color is used on a topographical drawing, black is used to represent what?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.