After a detailed analysis of the oil stock LGCY, you determine that it is overvalued, and you plan on shorting $10,000 of it. You would like to isolate your bet on the alpha of the stock, so you want to hedge out all of your exposure to the market and to the oil industry. LGCY has a market beta of 1.1, and an oil industry beta of 1.5.
XLE (an oil stock ETF) has a market beta of 0.8 and an oil industry beta of 1.6.
SPY has a market beta of 1 and an oil industry beta of 0.1.
How could you use XLE and SPY to reduce your exposure to both risk factors to 0? If your portfolio was made up of just these three assets, what would your final position sizes be?

Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest.the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the company’s revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisor’s responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed.what control allowed the fraud to occur?

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.