Don is a product of the digby company. digby's sales forecast for don is 505 units. digby wants to have an extra 10% of units on hand above and beyond their forecast in case sales are better than expected. (they would risk the possibility of excess inventory carrying charges rather than risk lost profits on a stock out.) taking current inventory into account, what will don's production after adjustment have to be in order to have a 10% reserve of units available for sale?

454 units
556 units
505 units
404 units

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

Which feature is a characteristic of a corporation?