Sheila earned a $68,000 bonus which she would like to invest in the stock market. She is planning to buy shares of AMI and BCM. The expected annual return is $2.75 per share for AMI and $5 per share for BCM. AMI costs $25 per share and BCM costs $50 per share. Sheila would like to limit the risk in her stock portfolio. The risk is 0.45 per share of AMI and 0.35 per share of BCM. She wants the total risk of her stock portfolio to be at most 700. In addition, to make sure the portfolio is diversified she wants to invest in no more than 1,000 shares of BCM. a) Formulate a linear optimization model that Sheila could use to decide how many shares of each stock to buy in order to maximize the total expected annual return of the portfolio subject to the constraints. b) Use Excel to solve the linear optimization problem. Submit your Excel file. c) How many shares of each stock should Sheila purchase? d) What is the expected annual return of the portfolio? e) Which constraints are binding?

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .