We know that expected return is 16%. The standard deviation is 20%. And in addition, the risk-free rate is 4%. Denote with x: expected return, "Y": the risk-free rate and sigma: standard deviation. The reward-to-volatility ratio is(x-y) / (sigma) = (16-4) / 20 = .6
Answer:
The most you can pay for the pitcher is $17.32
Explanation:
A mark up is a percentage that is always applied on the cost to come up at a required gain over cost. The cost is always taken to be 100% when apply a mark up on cost.
If the mark up is of 27% and cost is 100% then a selling price of 22 will be equal to cost + markup.
Let cost be x.
Selling price = Cost + Mark up
22 = 100% * x + 27% * x
22 = 1x + 0.27x
22 = 1.27 x
22/1.27 = x
x = $17.3228 rounded off to $17.32
Answer:
A
Explanation:
Nonprofit corporation are corporations that do not earn profits. Revenue earned are usually used in the running of the business or for they are donated.
These type of corporations are usually tax exempt. Their activities usually range from religious, charitable or scientific activities
Renata and Danuta are running a charitable organisation that would be catering for homebound destitute
