Answer:
15.64%
Explanation:
Expected return of a portfolio is calculated using the following formula;
R(P) = wF*R(F) +wL*R(L)
R(P) =return of portfolio
wF = weight invested in Fremont
R(F) = return of Fremont
wL = weight invested in Laurelhurst
R(L) = return of Laurelhurst
Next, plug in the numbers to the formula;
R(P) = 0.56*0.13 + 0.44*0.19
R(P) = 0.0728 +0.0836
R(P) = 0.1564 or 15.64%
Expected return of portfolio is therefore 15.64%
Basically, the data recorded in financial accounting which tend to reflect past events is known as Historical data.
The Historical data refers to various information about the company's past events such as the revenues, earnings, stock price etc.
The Historical data helps provides past event or information regarding the company financial position, liquidity, profitability etc.
Through the use of accounting techniques like the ratio analysis, funds flow analyse, cash flow statements, the financial data which become the historical data can be created.
Learn more about Historical data here
Actually financial accounting statements record all the transactions that occurred in the business, such as sales, purchases, etc. The user will be aware of whether the business made a profit or loss and he'll know how to improve the sale of goods.
The answer is : Asset allocation
Answer: Asset allocation Answer C on Plato test
Explanation: I just took the test and this was the answer
Answer:
A credit to cash account and a debit to petty cash.
Explanation:
In order to replenish the petty cash the entry must credit cash and debit petty cash while keepin a log of the expenses against the receipts.
work?