Answer:
5.139%
Explanation:
P(Xi) = Probability of event Xi
E(X) = Expected value of X
The expected value of this investment is the weighted average of the possible returns:

The standard deviation of this investment is:

This investment has a standard deviation of 5.139%.
Answer:
1 $12.80
2 $16.10
3 $13.00
4 $9.20
5 $15.90
Explanation:
The unit value of inventory is to be valued the lower of cost price and net realizable value.
Cost is the original purchase price while the net realizable value is the estimated selling price less of costs to complete and costs to sell as computed in the attached file.
<span>Trade advertising encourages wholesalers and retailers to carry the products of a specific manufacturer.
Trade advertising is the type of advertising which is directed towards the wholesaler or retailer. Trade Advertising is not intended for the consumer. Trade advertising is held by the manufacturer. </span>