Your timing was good last year. You invested more in your portfolio right before prices went up, and you sold right before prices went down. In calculating historical performance measures, which one of the following will be the largest?
A) dollar-weighted return B) geometric average return C) arithmetic average return D) mean holding-period return
A) In the years after World War II,millions of blacks moved to the suburbs. B) No new homes were sold to black families in the Levittowns built in New York,New Jersey,Pennsylvania,and Maryland. C) Today most of the communities built by the Levitt family are overwhelmingly black. D) Although racial discrimination did take place in housing in the years immediately after World War II,by the early 1960s it was no longer taking place.
Suppose the market demand for TV remotes is given by the equation Qd = 100 - 2P,where P is the price and Qd is the number of TV remotes.If the market price of TV remotes is $40,then the quantity demanded equals _____ and the value of consumer surplus is _____.
Two transactions were posted to the following customer account:NAME: Roswell Communications, Inc.Address: 345 Alien Way Describe each transaction and the source of each posting.
May 14Collected cash of $625 from Roswell Communications, Inc. (Invoice No. 522). Amount posted from page 230 of the cash receipts journal.25Sold $3,500 on account to Roswell Communications, Inc., itemized on Invoice No. 545. Amount posted from page 115 of the revenue journal.