I. invest $200 in stock a. stock a costs $20 per share. expected yield per share of stock a is $2, and the variance of yield per share is 9 ($-squared). ii. invest $200 in stock b. stock b costs $10 per share. expected yield per share of stock b is $0.90, and the variance of yield per share is 1 ($-squared). iii. invest $100 in stock a and $100 in stock b. the correlation between yield per share of stock a and yield per share of stock b is 0.12.

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will