2. Investors can choose to purchase either a risky portfolio or a riskless T-bill. The T-bill costs $95 today and will be worth $100 at the end of the year. The risky portfolio costs $580 today. If the economy does well, which occurs with probability 0.3, the risky portfolio will be worth $720 at the end of the year. If the economy just treads water, which occurs with probability 0.5, the risky portfolio will be worth $600 at the end of the year. If the economy does poorly, which occurs with probability 0.2, the risky portfolio will be worth $520 at the end of the year. What is the market price of risk (Sharpe ratio) in this scenario?

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold.mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)