John randomly picks four portfolios that are constructed by investing different weights in two stocks. The expected return and STD of these portfolios are given below. Portfolio Expectation Return Standard Deviation
X 8% 20%
Y 9% 24%
Z 10% 22%
W 11% 27%

Which of the following portfolios is definitely NOT on the efficient frontier?

a. Portfolio X
b. Portfolio Y
c. Portfolio Z
d. Portfolio W

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?

Amajor advantage of case studies is

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?