The Optima Mutual Fund has an expected return of 20.0 % and a volatility of 20.0 %. Optima claims that no other portfolio offers a higher Sharpe ratio. Suppose this claim is true, and the risk-free interest rate is 5.0 %. a. What is Optima's Sharpe ratio? b. If eBay's stock has a volatility of 40.0 % and an expected return of 11.0 %, what must be its correlation with the Optima Fund? c. If the SubOptima Fund has a correlation of 80 % with the Optima Fund, what is the Sharpe ratio of the SubOptima Fund? a. What is Optima's Sharpe ratio? The Sharpe ratio is

The maximum amount of money that a consumer can charge on a credit card is called the

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?