The existence of gray markets leads to the following outcome: B) They create a free-rider problem making legitimate distributors' investments in supporting a manufacturer's product less productive.
The existence of gray markets, which refer to the sale of authentic products through unauthorized channels, can create a free-rider problem in which legitimate distributors who have invested in supporting a manufacturer's product do not receive the full benefits of their investment because their sales are undercut by lower-priced gray market goods.
This can make it harder for legitimate distributors to justify their investment in supporting the manufacturer's product, leading to a weaker distribution channel overall. Gray markets do not always involve counterfeit goods and the standard product warranties may not always be applicable or enforceable.
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Which of the following explains why a city fireworks display on the Fourth of July is provided as a public good?
A. Fireworks displays usually take place in a public area.
B. Fireworks are a scarce resource.
C. Nonpayers cannot be prevented from seeing the fireworks.
D. Each consumer pays a fee to see the fireworks.
Answer:
C. Nonpayers cannot be prevented from seeing the fireworks.
Nonpayers cannot be prevented from seeing the fireworks explains why a city fireworks display on the Fourth of July is provided as a public good. Thus, option C is correct.
A good or service that is made available to all members of society is referred to as a public good in economics. Governments often handle the administration of these services, and taxes are used to pay for them all.
Law enforcement, national defense, and the rule of law are a few examples of public goods. Access to clean air and water are examples of more fundamental public goods.
It must be non-rivalrous and non-excludable, which are the two main characteristics that set a public good apart. When products are non-rivalrous, it means that their supply does not decrease as more people use them; when they are non-excludable, it indicates that all citizens can access them.
Therefore, option C is the ideal selection.
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What is the difference between direct or indirect export methods?
Explanation:
The difference between direct and indirect speech are discussed as under. Direct speech refers to the literal reputation of the words spoken by someone using a qoutative frame. On the other hand inderect speech is one that reports something said or written by another person without making the use of exact words.
If you know the answer plz help me out
Answer:
o Location
Explanation:
o Location
Which student organization helps students with career development by having them become interns to sponsor conferences
A. BPA
B. HOSA
C. FCCLA
D. Skills USA
Answer:
BPA
Explanation:
I just took the test and that is the answer.
BPA is the student organization helps students with career development by having them become interns to sponsor conference. Hence, option A is correct.
What is meant by BPA in student organization?BPA Worldwide, a company established in the US, provides unbiased, impartial analyses of audience claims made by business-to-business and consumer media and events.
To aid in the development of cross-cultural professionals, Business Professionals of America's purpose is to advance leadership, civic involvement, academic excellence, and technological competence.
The four points of the BPA shield represent poise, ambition, leadership, and sociability. The shield itself stands for respect, honour, and the importance of trade to America. Citizenship, competence, dependability, devotion, and education are represented by the stripes.
Thus, option A is correct.
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In the portfolio matrix, characteristics of goods and services in the leverage quadrant are:Multiple Choicecompetitive supply market, substitution is possible, total cost is a primary focuspetitive supply market, substitution is possible, price per unit is important.item substitution is possible, switching is difficult, many suppliers are available.item substitution and supplier switching are possible, but few suppliers are capable.few suppliers with adequate capability so substitution and switching are difficult.
Answer:
Competitive supply market, substitution is possible, price per unit is important.
Explanation:
A portfolio variance is used to determine the overall risk or dispersion of returns of a portfolio and it is the square of the standard deviation associated with the particular portfolio.
The portfolio variance is given by the equation;
\(Variance = w^{2}_{1} d^{2}_{1} + w^{2}_{2} d^{2}_{2}+2w_{1}w_{2}C_{OV_{1, 2}}\)
Where;
\(w_{n}\) = the weight of the nth security.
\(d^{2}_{n}\) = the variance of the nth security.
\(C_{OV_{1, 2}}\) = the covariance of the two security.
In the portfolio matrix, characteristics of goods and services in the leverage quadrant are competitive supply market, substitution is possible, price per unit is important. Thus, the leverage quadrant represents a significant part of expenditures and are really important for a business.
Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
any two importance of office resources
Two importance of office resources are greater output and promote productivity .
What are office resources ?All of the resources and amenities found in an office, including people, tools and supplies, furniture and equipment, cash, modes of transportation, and communication, are referred to as office resources. These resources are used to help the organization achieve its goals.
Two improtance of office resources are:Greater output is made possible because every business strives to produce as much as possible while using the fewest resources possible. Better resource utilization management can be used to accomplish such a feat.It helps to promote productivity: Office supplies aid in boosting office employees' productivity. Equipment such as furniture, machinery, and other items make work more comfortable and convenient, which improves worker productivity.Learn more about office resources here https://brainly.com/question/20436648
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b. Various Stakeholders who receive accounting information differ in their informational needs. Discuss Six of these, citing their areas of interest.
Accounting information is critical for the success of any organization. Various stakeholders require different types of information for making informed decisions. In this essay, we discuss the different stakeholders and their informational needs.
The six stakeholders that we will be discussing in this essay include shareholders, creditors, employees, customers, government, and suppliers.
Shareholders
Shareholders are people who own the company's shares. They are interested in the company's financial performance, profitability, and stability. They need information on how the company is performing financially to make informed investment decisions. They need detailed information on the company's financial statements such as the balance sheet, income statement, and cash flow statements.
Creditors
Creditors are interested in the financial position and ability of the company to pay back its debts. They need information on the company's liquidity, profitability, and cash flow. They are interested in the balance sheet, cash flow statement, and income statement.
Employees
Employees are interested in job security, pay, and benefits. They are interested in the company's financial position and profitability. They need information on the company's financial statements, especially the income statement. They want to know whether the company is profitable and whether it can afford to pay them and provide them with benefits.
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Brandon owes his brother $120. He has a stamp collection worth $1,250 and he has $300 in a bank account. He also has a skateboard worth $95.
Answer:
Complete the problem. What are you trying to solve for?
Explanation:
Which of the following auditor's defenses usually means non-reliance on the financial statements by the user?
A) Lack of duty
B) Non-negligent performance
C) Absence of causal connections
D) Contributory negligence
The auditor's defense that usually means non-reliance on the financial statements by the user is lack of duty (option A).
This defense means that the auditor did not owe a duty of care to the user of the financial statements, and therefore the user cannot rely on them. The lack of duty defense is often used in cases where the user of the financial statements is not the intended beneficiary of the audit, or where there is no contractual relationship between the auditor and the user.
In such cases, the user cannot hold the auditor liable for any losses or damages resulting from their reliance on the financial statements. However, it is important to note that the lack of duty defense is not absolute, and the auditor may still be held liable if they were aware of the user's reliance on the financial statements and failed to take reasonable steps to prevent harm. The correct option is A.
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What is insurance and premium
The pre-approved amount of money that a bank is willing to lend a credit card holder is the credit __________. A. Balance B. Rating C. History D. Limit
Answer:
Limit
Explanation:
Answer:
D. Limit
Explanation:
Before setting the objectives of L&D, managers should
Multiple Choice
identify learning goals that will reduce skill gaps.
determine the needs or skill gaps that need to be improved.
develop L&D materials to be used in achieving learning goals.
evaluate the implemented programs.
Manager should determine the needs or skill gaps that need to be improved before setting the objectives of L&D.
Learning and development or known as L&D has a main goal to align employee goals and performance with that of the organization's. So that, manager as a leader and also as a person who has responsible for learning & development within an organization must identify skill gaps among employees and teams then deliver and develop training to bridge those gaps. There are several areas of L&D, such as Literacy, Mathematics, Understanding the world, and also Expressive arts and design.
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The process by which a company compares its performance with that of other high-performing organizations is known as ______.
A. forecasting.
B. benchmarking
The process by which a company compares its performance with that of other high-performing organizations is known as benchmarking. Thus, option (b) is correct.
What is organizations?The word “organization” refers to the structure and hierarchy of the workplace as well as the shared objectives of its participants. The word “organization” is primarily used in the workplace and in business contexts.
The term benchmarking was the set the goal on the every organization. It was the company compares its performance such as against a competitor, business areas, companies, was the need to the unity of the work are the achieved the goal.
As a result, the significance of the high-performing organizations benchmarking are the aforementioned. Therefore, option (b) is correct.
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The two conditions that must exist for a sale and the related receivable to be recognized are:__________
The two conditions that must exist for a sale and the related receivable to be recognized are:
The company has provided goods or services to the customerThe collection from the customer is probable.What are receivables?In finance, receivables refer to amounts of money owed to a company by its customers or clients for goods or services that have been sold or provided on credit.
Accounts receivable, or trade receivables, are the most common type of receivables. They arise when a company extends credit to its customers, allowing them to purchase goods or services without immediate payment. Other types of receivables include notes receivable, which are written promises to pay at a later date, and interest receivable, which is the interest that a company earns on its loans and investments.
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measurement of productivity in service is more straightforward than in manufacturing since it is not necessary to take into account the cost of materials.
This statement is True, measurement of productivity in service industries is often more straightforward than in manufacturing, as there are no physical goods produced and therefore no costs associated with raw materials.
Manufacturing is the process of turning raw materials into finished goods through a series of steps. This process involves designing, planning, sourcing materials, producing, testing, and distributing products. The manufacturing process often takes place in a factory setting and may involve a variety of processes such as assembly, molding, cutting, welding, and stamping.
The end goal of manufacturing is to create products that are functional, safe, and of high quality. The success of a manufacturing process depends on many factors including the quality of the raw materials, the efficiency of the equipment, and the skill of the workers.
Manufacturing has a significant impact on the economy as it creates jobs, drives innovation, and contributes to the growth of a country's gross domestic product (GDP). The industry is constantly evolving with the use of new technologies such as robotics, automation, and 3D printing, which are helping to make the manufacturing process faster, more efficient, and more cost-effective.
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Complete Question:
Measurement of productivity in service is more straightforward than in manufacturing since it is not necessary to take into account the cost of materials.
A). True
B). False
A set of strategies and activities that influences how we conduct business, the clothes we wear, where we live, and how we spend our money and time is a definition of:
Answer:
Marketing
Explanation:
This is exactly what you do in marketing.
A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $1,000 per month for the next three years and then $2,000 per month for two years after that. If the bank is charging customers 7. 5 percent apr, how much would it be willing to lend the business owner?.
The amount bank will be willing to lend = $67,662.7
How is the amount calculated?Present value of annuity=Monthly Payments× [1- \(\frac{1}{(1+r)^n}\) ] ÷ r
where,
Monthly payments = $1,000
r = Rate of return = 7.5% / 12 = 0.625%
n = Number of periods = 3 ×12 = 36
Present value of annuity=$1,000×1− [\(\frac{1}{(1 + 0.00625)^3^6}\) ] ÷ 0.00625
Present value of annuity=$32,147.91
Calculation of the present value of annuity for the next two years:
Present value of annuity=Monthly Payments× 1− \(\frac{1}{(1+r)^n}\) ÷ r
where,
Monthly payments = $2,000
r = Rate of return = 7.5% / 12 = 0.625%
n = Number of periods = 2 ×12 = 24
Present value of annuity
=$2,000×1−[\(\frac{1}{(1 + 0.00625)^2^4}\) ] ÷ 0.00625
Present value of annuity=$44,444.85
Now, lets calculate the present value:
Future value = $44,444.85
Rate of interest = 7.5% / 12 = 0.625%
Number of periods = 3 * 12 = 36
Present value=Future value∗1/(1+Rate of Interest)^Number of periods
Present value=$44,444.85∗1/(1+0.00625)^36
Present value=$35,514.79
The amount bank will be will to lend = Present value of annuity for the first three years + Present value
The amount bank will be will to lend = $32,147.91 + $35,514.79
The amount bank will be will to lend = $67,662.7
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With the review of the above case, identify and briefly present four legal cases of your choice grounded or demonstrating the three characteristics of a lease
The three characteristics of a lease include the transfer of the right of possession of the property from the landlord to the tenant, the tenant's obligation to pay rent to the landlord, and the duration of the lease agreement. Below are four legal cases that demonstrate these characteristics:
1. Black v. Mile High Dairy, Inc.In this case, Black and Mile High Dairy entered into a lease agreement that provided Black with exclusive use of a barn, corral, and a portion of the land. The agreement also stipulated the rental amount and duration of the lease. The court upheld the lease agreement, indicating that it demonstrated the three characteristics of a lease.
2. DuBose v. GreenhawIn DuBose v. Greenhaw, the court determined that a tenant who remained on the premises after the expiration of the lease became a tenant at will. The court held that the tenant's obligation to pay rent continued until either party terminated the lease. This case shows that the duration of the lease is an essential characteristic of a lease agreement.
3. Plantz v. TorelliIn Plantz v. Torelli, the landlord and tenant entered into an oral lease agreement for a term of one year. The tenant was required to pay rent and maintain the property. The court ruled that an oral lease agreement met the three characteristics of a lease, including the transfer of possession, the tenant's obligation to pay rent, and the duration of the lease.
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As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the ________ for new model to be _________ than the old model.
Answer:
As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the R-square for new model to be higher than the old model.
Explanation:
As the R square is the coefficient of the variation and it determines the percentage of explained variability of the data. It should be higher as the new model is the best fit to the data.
Consider Emily's balance statement:
Emily's supervisor asked her to revise the balance statement. What does she need to revise? Why?
A B
1 Assets FY 2014
2 Accounts Payable $2,000
3 Wages $75,000
4 Taxes Payable $10,000
5 Mortgage Payable $15,000
6 Total $102,000
7
8 Liabilities FY 2014
9 Cash $800
10 Inventories $36,000
11 Investments $25,000
12 Accounts Receivable $61,800
13 Total $122,800
14
15 Balance -$20,800
Answer:
see below
Explanation:
A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.
Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.
In this balance sheet, Emily has confused assets and liabilities.
The column labeled as liabilities represents assets. She should change that. This column should be the topmost column. She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.
Answer:
Emily has mixed up the assets and liabilities. All the cells under “assets” are really liabilities and vice versa.
Explanation:
Q2: Pueblo Vida Brewing (PVB) company uses a reverse osmosis (RO) membrane system to condition the city of Tucson water because the quality of the taste of their beer is important to their clients and total dissolved solids (TDS) in the inlet water can have an impact on the flavor. The feed water to PVB from the city of Tucson has TDS about 419ppm by mass. The RO unit produces water that has a TDS level of 53ppm by concentrating the rejected TDS in a stream that is 87.35 of the feed water. To brew beer, they can actually have a TDS content of 150 according to Charlie Border, one of their former brewers. Since they cannot run the RO unit at a lower level, they mix fresh Tucson water back into the RO water after it is produced. If they are making a brewing batch that requires 14 bbls of water/day:
a) How much total water do they use and how much reject water would they send to the sewer in a day, in kg/ day? b) What is the TDS content of the reject water, in ppm? c) How much money do they throw away in their reject stream per day, if they were to dump the water? d) What could they do with this water?
The answer is as follows: (a) 379.01 kg/day. (b) 53.18 ppm (c) $1.14/day. (d) The water can be used for cooling purposes in the industry, The company can also use this water for watering plants or grass outside the plant.
a)Amount of water used per day = 14 bbl/day = 14 * 31 = 434 litres/day amount of water rejected = (87.35 / 100) * 434 = 379.01 litres/day Mass of total water used = sales Volume x Density Mass of water used = 434 litres/day x 1 kg/L = 434 kg/day Mass of rejected water = 379.01 litres/day x 1 kg/L = 379.01 kg/day
b)TDS content in the inlet water = 419 ppm TDS content in the product water = 53 ppm
The percentage of TDS removed by the RO system is given by:
TDS removal (%) = ((TDS inlet - TDS product) / TDS inlet) x 100% = ((419 - 53) 419) x 100% = 87.35%Amount of TDS in the rejected stream is therefore: TDS in rejected stream = (100 - 87.35) % x 419 ppm = 53.18 ppm
c) Volume of water rejected per day = 379.01 litres/day = 0.37901 m3/day Cost of water per m3 = $3.00 / m3 Cost of rejected water per day = $3.00 x 0.37901 m3/day = $1.14/day
d) The rejected water can be treated and used for various purposes. It can be used for cooling purposes in the industry. Alternatively, the company can sell it to other industries that require water for their processes. The company can also use this water for watering plants or grass outside the plant.
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what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
If revenues are recognized only when a customer pays, what method of accounting is being used?.
If revenues are recognized only when a customer pays, the method of accounting being used is cash basis accounting.
If revenues are recognized only when a customer pays, the method of accounting being used is the cash basis accounting method. The cash basis accounting method recognizes revenue when cash is received from customers or clients. This method does not consider when goods or services are delivered but focuses solely on the actual receipt of cash. It is a straightforward approach commonly used by small businesses or individuals who do not have complex financial transactions. However, it is not in accordance with generally accepted accounting principles (GAAP) and is generally not suitable for larger businesses or those requiring more accurate financial reporting.
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Scenario: NewTel, Inc.
NewTel is a telephone company with a policy of filling positions internally, through promotions, rather than hiring from outside. Until recently, the company had a strong engineering focus and tended to promote people into senior executive positions from the engineering areas. Consequently, almost all of the company’s 14 senior executives joined the company over 20 years ago in junior engineering positions. There is increasing pressure on NewTel to become more marketing and service-oriented. As a result, four people were hired last year from consumer products and retail firms to fill new senior executive positions in marketing and service management. The external hires were necessary because current employees were not sufficiently qualified. Now there are signs of tension among senior executives, particularly during budget deliberations where there is limited discretionary spending on new corporate activities. The four new hires have been frustrated in their attempts to have the company put more money into marketing and customer services instead of technology investment. The conflict episodes are viewed by both sides as personal attacks rather than attempts to resolve the problem.
The four new hires’ attempt to have the company put more money into marketing and customer services instead of technology investment. This is mainly an example of conflict due to:
A. role ambiguity.
B. lack of communication.
C. sequential task interdependence.
D. overt behaviors.
E. goal incompatibility.
Answer:
E. goal incompatibility.
Explanation:
Analyzing the scenario above, it is possible to see that the cause of the conflict is due to incompatibility of goals, that is, there are different objectives and goals between the teams and organizational departments, which causes a lack of consensus that culminates in the conflict.
This is a negative situation for the company, which is a set of systems that must operate in favor of the same objectives and goals. in order to listen to all the parties involved, and then start from a principle where everyone feels heard and integrated in the development of organizational goals, creating an environment of trust and positive relationship in the company.
Why don't many developing countries benefit from the spread of free trade?
O A. They don't possess important natural resources.
O B. They cannot afford to give foreign aid.
C. They have large trade deficits.
O D. They have weak domestic industries.
Import and export restrictions are not present in a free trade system. It can also be seen as the free market concept implemented in global trade. Hence option A is correct .
What is Free Trade ?Political parties with economic liberal stances are more likely to support free trade than economic nationalist and left-wing parties, who typically support protectionism, which is the antithesis of free trade.
Today, the majority of countries participate in multilateral trade agreements through the World Trade Organization. The unilateral action of Great Britain, which from the middle of the 19th century through the 1920s decreased import and export controls and levies, served as the best example of free trade.
An alternate strategy is to establish free trade zones between groups of nations through agreements, like the European Economic Area and the open markets of Mercosur.separates that free trade zone from the rest of the world by building a protectionist wall. Most governments continue to enact protectionist measures like charging tariffs to imports or providing export subsidies in an effort to support local jobs.
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What type of economy is the South African economy?
Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
Answer:
South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
No Explanations
Miranda needs to build new shelves in her pantry to store all these items. She wants to put each type of item on a separate shelf. The shelves will be able to support 25 lbs. Will the new shelves be able to support her current supply of powder goods? Use the conversion table below and a spreadsheet to help you determine the answer
Answer: yes
Converting each to pounds it equals 13.3 pounds
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what is a purpose of the acceptance and continuance of client relationships and specific engagements element of quality management?
Provide reasonable assurance that firms do not associate with clients whose management lacks integrity is a purpose of the acceptance and continuance of client relationships.
There are steps that can be taken to help lower the risk of taking on a problematic client from another company. It is equally crucial to keep an eye on both new engagements from existing clients and existing clients themselves to make sure they continue to meet the firm's acceptance criteria, which includes conflict of interest criteria.
With the goal of enhancing the quality of the work done by public accounting firms in the audit profession, Singapore Standard on Quality Control 1 proposes a number of methods that support firm-wide quality controls.
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Complete question
What is the primary purpose of the acceptance and continuance of client relationships and specific engagements element of quality control?
A. Guarantee that firms do not associate with clients whose management lacks integrity.
B. Provide reasonable assurance that firms do not associate with clients whose management lacks integrity.
C. Guarantee that firms will not be sued as a result of association with a client.
D. Provide reasonable assurance that firms will not be sued as a result of association with a client.
what is the definition of expected return? multiple choice question. it is the expected variation in return on a risky asset. it is the return that an investor expects to earn on a risky asset in the future. it is the variation in return during the last period. it is the return that was earned in the past on a risky asset.
the definition of expected return is it is the return that an investor expects to earn on a risky asset in the future.
The expected return is the profit or loss an investor might expect to realize from a certain investment. Prior to aggregating the findings, potential outcomes are multiplied by their likelihood to determine the expected return.
The expected return is a key financial concept that investors use to inform their choices. By estimating the expected return of a specific investment or portfolio, you may forecast the profit or loss on an investment based on its past performance.
More irregular investments can be expected to yield higher returns. A larger standard deviation indicates a riskier and more variable investment. As a result, the expected return should also be larger.
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