This information relates to sherper co. 1. on april 5 purchased merchandise from newport company for $22,000, terms 2/10, n/10.2. on april 6 paid freight costs of $900 on merchandise purchased from newport.3. on april 7 purchased equipment on account for $26,000.4. on april 8 returned some of april 5 merchandise to newport company which cost $2,000.5. on april 15 paid the amount due to newport company in full. no. dateaccount titles and explanationdebitcredit(1)april 5(2)april 6(3)april 7(4)april 8(5)april 15assume that sherper co. paid the balance due to newport company on may 4 instead of april 15. prepare the journal entry to record this payment. (credit account titles are automatically indented when the amount is entered. do not indent manually.)dateaccount titles and 4

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.