Determining the covariance and correlation
You observe the following series of returns between companies 'X' and "Y'. If the standard deviation of returns is 8.50 for X and 3.41 for Y, calculate the covariance and correlation.
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Under the terms of a divorce agreement, Troy is to pay his wife Brook $1,200 per month. The payments are to be reduced to $800 per month when their 12-year-old child reaches age 18.
Working capital is expected to increase by $3,000 at the inception of the project, but this amount will be recaptured at the end of year five. What is the tax effect of selling the old machine?
Organizations must follow GAAP or IFRS with respect to financial accounting in order to provide accurate, transparent and consistent financial information. Managerial accounting has no such standards. Therefore, is managerial accounting informatio
Which is founded on the belief in a simple life of working less and spending less. Do Americans who belong to this movement follow the principle of rational choice?
Nicholas loaned Lyle (a friend) $30,000 in 2008 with the agreement that the loan would be repaid in two years. In 2009, Lyle filed for bankruptcy and Nicholas learned that he could expect to receive $0.50
Pearson brothers recently reported an EBITDA of $9.0 million and net income of $2.25 million. It had $2.43 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
Under the second, Amber would implement a performance-based compensation program that is projected to provide about the same amount of additional compensation and pension contribution for the president.
Payton purchased his home for $300,000. As a sole proprietor, he operates a certified public accounting practice in his home. For this business, he uses one room exclusively and regularly as a home office.
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Identify an environmental "issue" (plastic pollution and waste) that concerns you. Share why this issue is important to you,
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