Question 1 Mark this questio
Purchased
Units Unit Cost Total Cost
November
100
$8.00
S800
50
$500
December
January
$10.00
$12.00
40
$480
February
40
$11.00
$440
$212201
Writs Avallable
230
for Sale
Ending Inventory
Units Sold in
200
March
Units on Hand 30
Cost of Goods Sold:
$1.890
What inventory method is being used to calculate costs of good sold?
FIFO
O Weighted average
OLIFO
o Specific ID

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

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%.

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?