Suppose you create an optimal risky portfolio investing 60% into a SP500 ETF, and 40% into a European ETF. This optimal risky portfolio has an expected return of 10.92% and a volatility of 16.64%, and the risk-free rate is 2.31%. With your degree of risk aversion, you compute you should invest 66.6% in the optimal risky portfolio, and the rest in the risk-free rate. In the end, your portfolio will be made of the SP500 ETF, the European ETF, and the risk-free rate. What will be the weight of SP500ETF in your complete portfolio

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:

Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?