3. You have a chance to invest in three mutual funds: Utility, Growth and Global. The value of investment changes according to market conditions. The chances of a down market, stable market and up market are 10%, 50% and 40% respectively. The returns (in percentages) for three market conditions are given in the following table. Which fund will you select? Fund Down (%) Moderate (%) Up (%)
Utility +5 +7 +8
Growth -10 +5 +30
Global +2 +7 +20

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)