ServicePro provides two kinds of services. During the most recent accounting period, the two service lines produced the following operating results:. Service 1 Service 2Service revenue $110,000 $40,000 Unit-level materials $(26,000) $(8,000)Unit-level labor $(36,000) $(20,000)Product-level selling & administrative costs $(16,000) $(9,500)Company wide facility-level costs $(4,000) $(4,000)Net income $28,000 $(1,500)If the company stops providing Service 2:a) The company's income will increase by $3,500 per year. b) The company's income will decrease by $3,500 per year. c) The company's income will increase by $2,500 per year. d) The company's income will decrease by $2,500 per year.

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive