A bank is thinking about building a new branch. They think this new branch will generate 20 percent of the business of the bank after it is opened. The bank expects the return for this branch will be 15 percent with a standard deviation of 5 percent. Currently the bank has a 12 percent rate of return with a standard deviation of 4 percent. The correlation between the branch and the bank is expected to be .25. What is this bank's expected standard deviation after adding this branch
Answers
Answer: 12.6%
Explanation:
The bank's expected standard deviation after adding this branch will be calculated thus:
= (Total invested in new branch × Expected rate of return) + (1 - Investment in new branch) × Other assets
= (0.2 × 0.15) + (1 - 0.2) × 0.12
= 0.03 + 0.8 × 0.12
= 0.03 + 0.096
= 0.126
= 12.6%
Therefore, the bank's expected standard deviation after adding this branch is 12.6%.
Related Questions
what is the advantage of acquiring capabilities through merger and acquisition?
Answers
The advantage of acquiring capabilities through merger and acquisition is that it allows companies to quickly enhance their resources, skills, and market position.
Acquiring capabilities through merger and acquisition can provide a number of advantages to a company. By combining the resources, expertise, and strengths of two or more companies, a merger or acquisition can result in a more powerful and competitive entity. For example, a company may acquire another company that has a particular expertise or technology that it lacks, allowing it to expand its capabilities and better compete in the market. Additionally, a merger or acquisition can lead to economies of scale, as the combined entity may be able to reduce costs and increase efficiency by consolidating operations and sharing resources. Overall, acquiring capabilities through merger and acquisition can help a company to strengthen its position in the market, expand its offerings, and achieve greater success. Mergers and acquisitions enable businesses to leverage synergies, reduce competition, and gain access to new markets, ultimately leading to improved efficiency, profitability, and growth.
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investment spending includes spending on
Answers
Answer:
Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.
Explanation:
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Total Quality Management (TQM) is a management approach to long-term success through customer satisfaction. Quality management is a discipline for ensuring that outputs, benefits, and the processes by which they are delivered, meet stakeholder requirements and are fit for purpose. a) Identify the disadvantages of TQM on employees related to the training duration, the negative effect of cost and the current system. (5 marks) (CLO5:PLO8:C2) b) Identify the main different between Quality Control and Quality Assurances in Quality Management. Give TWO (2) examples each of Quality Control activities and Quality Assurances activities. (5 marks)
Answers
a) There are several disadvantages of TQM on employees, like training duration, negative effect on cost, etc. b)Quality Control (QC) and Quality Assurance (QA) are both important aspects of Quality Management, but they are different in several ways.
1. Training Duration: Implementing TQM requires a significant amount of training for employees, which can be time-consuming and disruptive to their regular work schedules.
2. Negative Effect on Cost: While TQM can ultimately lead to cost savings in the long run, the initial implementation and training can be expensive and may negatively affect the company's bottom line in the short term.
3. Current System: TQM requires a significant shift in the way that a company operates, and this can be difficult for employees who are used to the current system. This can lead to resistance and a lack of buy-in from employees, which can hinder the success of TQM.
b) Quality Control (QC) and Quality Assurance (QA) are both important aspects of Quality Management, but they are different in several ways.
Quality Control is focused on identifying and correcting defects in products or services before they are delivered to customers. QC activities include inspecting products, testing samples, and monitoring production processes.
Quality Assurance, on the other hand, is focused on ensuring that the processes used to create products or services are consistent and meet quality standards. QA activities include auditing processes, reviewing documentation, and conducting training.
Examples of Quality Control activities include:
- Inspecting products for defects before they are shipped to customers
- Testing samples of products to ensure they meet quality standards
Examples of Quality Assurance activities include:
- Conducting audits of production processes to ensure they are consistent and meet quality standards
- Reviewing documentation to ensure it is accurate and complete
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3. The process that managers use to develop goals and objectives, as well as strategies to
achieve them, is called.
a. analysis
b. organizing
c. planning
d. strategic thinking
(Pls help quickk)
Answers
Answer:
A. Strategic Planning
Explanation:
The process by which a firm's managers evaluate the future prospects of the firm and decide on appropriate strategies to achieve long-term objectives is called strategic planning. It is the process which decides what direction a business should go, it gives the bigger picture and vision to the organization. It manifests that what business you should be in and what business you could be in. It has following main steps:
1: First of all, you are required to have a vision, the main purpose of your brand or business.
2: Then you collect and analyze information to move in the decided direction and vision.
3: Strategy is formulated in order to achieve your vision.
4: Strategy is then implemented to achieve your vision and translated goals and objectives.
5: Then you evaluate and control it. Discrepancies are looked upon and rectified.
Suppose there is a single restaurant in a small town facing the demand function Upper P equals 13 minus 0.10 times Upper Q. Further, suppose the marginal cost of providing a meal is constant at $3. Given the above information: 1) Use the line drawing tool to draw the demand line. Properly label this line. 2) Use the line drawing tool to draw the corresponding marginal revenue line. Properly label this line. 3) Use the line drawing tool to draw the marginal cost. Properly label this line. 4) Use the point drawing tool to identify the profit-maximizing price and quantity. Label this point 'a'. Note: if you aren't prompted for labels, then you are using the wrong tool. The profit-maximizing quantity is nothing and the profit-maximizing price is $ nothing. (Enter your responses as integers.)
Answers
Answer handwritten below
The quantity that will maximize profits is 50, and the price that will do so is $8.
What is meant by profit maximization?Profit maximization is a process that companies go through to guarantee that the best output and pricing levels are obtained in order to maximize their returns. In order to achieve its profit objectives, the company adjusts important variables including sale price, production costs, and output levels.
Given:
Demand function, P = 13 - 0.10Q
Marginal cost (MC) = $3
Required To find: Profit-maximizing price and quantity
We know that the profit-maximizing quantity can be found by equating marginal cost to marginal revenue (MR). And, the profit-maximizing price can be found by substituting the quantity in the demand function.
First, let's find the MR function. We know that MR = ΔTR/ΔQ, where TR is the total revenue.
TR = P * Q
Differentiating TR w.r.t Q, we get
MR = d(TR)/d(Q) = P + Q * d(P)/d(Q)
Given demand function, P = 13 - 0.10Q
d(P)/d(Q) = -0.10
So, MR = P + Q * d(P)/d(Q)
= (13 - 0.10Q) - 0.10Q
= 13 - 0.20Q
Now, equating MR to MC, we get
13 - 0.20Q = 3
0.20Q = 10
Q = 50
So, the profit-maximizing quantity is 50.
Substituting Q = 50 in the demand function, we get
P = 13 - 0.10(50) = $8
Therefore, the profit-maximizing price is $8 and the profit-maximizing quantity is 50.
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Ford decided not to recall the Pinto when it
found the fuel tank design flaw but to simply
pay the lawsuits when people died instead.
What aspect of paying the lawsuit made
paying them preferable?
(1 point)
The recall didn't fix the problem.
O The law dictated that Ford pay them.
Paying the lawsuit was the more ethical
choice.
O The lawsuits were more cost effective.
Answers
There was a time when the phrase "made in Japan" elicited a predictable smirk of superiority from most Americans. Hence
What was the Case Pinto ?
Most Japanese products had a quality that was as low as their price. Few imports, in fact, could compete with their domestic counterparts, the proud products of Yankee know-how.
However, by the late 1960s, an invasion of foreign-made goods had carved a few worry lines into the face of American industry. Worry was quickly turning to panic in Detroit as the Japanese, not to mention the Germans, began to eat away at the subcompact auto market.
Ford's internal "cost-benefit analysis," which assigns a monetary value to human life, determined that making the changes sooner would be unprofitable.
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ppens
Which of these is not a source of bank credit?
A Credit Card
A Cash Value Loan
A Mortgage
• An Equity Loan
Answers
Entrepreneurs typically demonstrate more individualism tendencies than collectivism tendencies. True or false?.
Answers
This claim is TRUE. Entrepreneurs typically demonstrate more individualism tendencies than collectivism tendencies. Instead of a partnership structure, they think they can work more effectively alone.
Entrepreneurs typically establish sole proprietorship businesses, so all decisions must be made by them. Hence, individual tendencies.
Entrepreneurs perform at high levels with lower tendencies toward collectivism. Additionally, they have a proactive personality, which means they frequently act to change their surroundings, look for opportunities, take initiative, and do so.
Additionally, because individualists are more focused on the self than collectivist cultures are on the group, entrepreneurship in individualist cultures is typically more competitive.
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Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the ________. A) planning function B) directing function C) controlling function D) decision function
Answers
Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the directing function. Thus, the correct option is B.
What is Directing function?Directing function can be said to be a process in which the managers instruct, guide, and oversee the performance of all the workers of the organization to achieve predetermined goals. Directing function is said to be the heart of the management process in an organization. Planning, organizing, staffing have got no importance if the direction function does not take place properly.
There are four primary elements of the directing function which include supervising, motivating, leadership, and communication. The importance of Directing function include initiating actions, ensures co-ordination, improves efficiency, facilitates change and assists stability and growth.
Therefore, the correct option is B.
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Pedro is a very talented young man who lives in a small, remote town in the mountains. He gets good grades, plays in the band, and is active in the drama club. He is close to his large family and wants a career that will allow him to maintain his current life style. What career option should Pedro consider? A. Teacher B. Musician C. Actor D. TV personality
Answers
Answer:
A. Teacher
Explanation:
If Pedro chooses to become an actor, a musician, or a TV personality, and was successful, he wouldn't be able to maintain his current life style. In order to try to be successful, he would have to move to a large city by his own. Musicians, actors and TV personalities earn money depending on their popularity, and remote towns in the mountains are not very densely populated.
In the past few years, the internet has helped some people to become influencers or has helped musicians to become famous and earn money, but most of them eventually had to do things in the real world, not only the internet in order to remain popular.
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Answers
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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Which best describes the business, management, and administration career cluster?
Answers
Answer:
are careers that are focused on running businesses.
Explanation:
The Business, Management, and Administration career cluster includes business skills essential to efficient, productive operations for any company (Administrative and information support, Business analysis, Business, financial management and accounting, Human resources, Management..) The Business, Management, and Administration career cluster is best described with the following: These are careers that are focused on running businesses.
Correct answer: A
A shopper sees two brands of spaghetti sauce. One is store brand, and the other is a well-known national brand. Even though the two sauces taste extremely similar, the shopper believes the national brand is more valuable. Based on money’s function as a measure of value, which brand would the shopper be willing to pay more for? Why?
Answers
Answer:
The shopper would being willing to pay more for the brand name sauces particularly because of the brand name. If the shopper knows that the brand is trustworthy and well known the chances of them buying it, despite the price, rises.
Explanation:
Hi there! I hope this helps! Good luck! :)
__ is a process established by the board of directors providing reasonable assurance for operations to be efficient and effective. Group of answer choices Service transition Proactive analysis Internal control Knowledge management
Answers
Answer:
Internal Control is a process established by the board of directors providing reasonable assurance for operations to be efficient and effective. Group of answer choices Service transition Proactive analysis Internal control Knowledge management
What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
Answers
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
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2. What are the three level of audit objectives? Why do we have
to divide these objectives into 3 different layers? What is the
ultimate objective of an audit?
Answers
The three levels of audit objectives are:
Overall objectives:
Financial statement assertions:
Audit procedures
Overall objectives: These are the broad goals of an audit and include ensuring the financial statements are free from material misstatements, assessing the entity's compliance with relevant laws and regulations, and providing an opinion on the fair presentation of the financial statements.
Financial statement assertions: These are specific assertions made by management regarding the financial statements, such as the accuracy, completeness, and valuation of the financial information. The audit objectives at this level involve obtaining sufficient and appropriate audit evidence to evaluate the assertions and determine if they are reliable.
Audit procedures: These are the specific actions performed by auditors to gather evidence and assess the financial statements. Audit procedures are designed to address the financial statement assertions and achieve the overall objectives of the audit.
Dividing audit objectives into these three layers allows for a systematic and structured approach to the audit process. Each layer builds upon the previous one, ensuring a comprehensive examination of the financial statements.
The ultimate objective of an audit is to provide an independent and objective opinion on the fairness and reliability of the financial statements. This helps to enhance the confidence of users, such as shareholders, investors, and lenders, in the financial information presented by the entity. The audit aims to provide reasonable assurance that the financial statements are free from material misstatements, whether due to error or fraud.
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when consumed, many goods and services have an impact on other people not using the product. Which word describes this impact ?
A. appreciation
B. depreciation
C. externality
D. inflation
Answers
Answer:
Explanation:
depreciation
When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.
What does it mean to deprecate a product?Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.
In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.
Thus, the ideal selection is option B.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
A standard inventory form should include:
a) The date of the inventory
b) The list of the items
c) The unit size for each item
d) All of these
Answers
Answer:
B
Explanation:
The list of the items
Hope it helped brainiest plz
-Guesty
The correct option is B. A standard inventory form should include a list of the items. Using an inventory form, you can keep track of all the supplies, goods, and merchandise in your company at any one time.
Why Inventory form is important?Small businesses need inventory management because it helps them manage many locations, avoid stockouts, and maintain correct records. As opposed to attempting to complete them all manually, an inventory system makes these operations simpler.
The form typically serves three functions: requisitioning things from inventory, releasing inventory records in the quantity of the items selected, and billing the targeted task for the cost of the products requisitioned. Any inventory products that are not currently in stock can also be ordered again using the form as a guide.
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Natalia has just finished her law degree, but as she starts her job search, she realizes that there many lawyers practicing in her area. What might that mean for Natalia
Answers
She will therefore need to put in more effort to become the top attorney in the region or relocate to a region with fewer attorneys might that mean for Natalia.
Why are lawyers called attorneys?Lawyers are those who have completed legal education, frequently after passing the bar exam. The word "attorney" has French roots and comes from a verb that means to represent someone else. Attorney is a shortened version of the official title "attorney at law."
Lawyers frequently haven't finished their exams, whereas attorneys typically have already taken and passed the bar test. Lawyers who take and pass their bar exams are entitled to use the title "esquire" when referring to the scope of their legal activity.
A person who offers legal advice is referred to as a "lawyer" in general. There are many distinct types of qualified lawyers in the legal field. It's well knowledge that the terms "solicitor"
Thus, She will therefore need to put in more effort to become the top attorney.
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what is a potential problem with global trade
Answers
What is the key to having in-house meetings?
A.) having it in a conference room
B.) having a schedule
C.) having a break with tea, coffee, pastries, etc.
D.) having it regularly
Answers
B) Having a schedule.
the interest, dividends, or profit earned from an investment
Answers
Answer:
Investment income is money received in interest payments, dividends, capital gains realized with the sale of stock or other assets, and any profit made through another investment type. 1 Additionally, interest earned on bank accounts, dividends received from stock owned by mutual fund holdings, and the profits on the sale of gold coins are all considered investment income.
:
Which of the following might experience a factor of failure related to expansion?
A. A hair salon that hires new employees immediately after it opens
B. A restaurant that doesn't have a website
C. A shoe store located near another popular shoe store
D. A grocery store with employees who miss company meetings
Answers
Answer:
a
Explanation:
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1. Unit 8 provided several examples of businesses in which pricing plays an essential role in the business's identity. Think of an example of a business in your community whose reputation is also based on an aspect of pricing and explain how pricing forms the identity of the brand.
Answers
Answer:
Examples of businesses in which pricing plays an essential role in the business's identity are;
1) PEP, 2) Market Square, 3) Walmart, 4) Target, 5) Eko Hotel
Shoprite
Pricing forms the the identity of the Shoprite brand because the charges for the items sold are reduced to the lowest minimum, such that customers are attracted to their outlets as a customer can get a wide variety of popular, local, and rear at affordable prices
Explanation:
How does the price of oil impact the price of food?
Answers
Answer:
The price of Oil effect the price of food because it all works together in the economy/system
Explanation:
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folloe nyo ko pingay ko points ko sa inyo
dont forget folloe
Answers
Answer:
hii have a great day ahead tq for the points
lyft’s use of driver ratings helps to give passengers confidence in their knowledge of the drivers and to convey trust. this relates to which component of service quality?
Answers
Assurance to humans in terms of service delivery is very important. It tells if service delivered is acceptable or not. This relates to Assurance component of service quality.
In the various sector or the economy, there are various ways used to improve service quality. In the transportation sector, service quality is done through: The encouragement of agent feedback. The use of agents listen to calls. The sending of post-contact surveys after every interaction. etc.Conclusively, Service Assurance is the use of policies and processes by any firm to make sure that services rendered meet a pre-defined service quality level.
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Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answers
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
If Japan has a comparative advantage in the production of microchips,how would that affect their international trade?
Answers
Answer: countries would purchase microchips from japan because they are cheaper
Explanation:
Answer:
C countries with purchase microchips from Japan because they are cheaper.
Explanation: USATestprep