Current Attempt in Progress You have the following information for Marigold Inc. for the month ended October 31, 2022. Marigold uses a periodic method for inventory. Y Your answer is partially correct. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost.
Answers
To calculate ending inventory, cost of goods sold, and gross profit under each of the LIFO, FIFO, and average-cost methods, we need to consider the information provided.
First, let's understand the LIFO (Last-In, First-Out) method. It assumes that the most recently purchased inventory is sold first. To calculate ending inventory, we take the cost of the oldest items in stock and multiply them by the quantity remaining. To calculate cost of goods sold, we take the cost of the most recently purchased items and multiply them by the quantity sold. Gross profit is then calculated by subtracting cost of goods sold from net sales.
Remember, the specific calculations will depend on the quantities and costs provided for Marigold Inc. in the question. I hope this helps you understand how to calculate ending inventory, cost of goods sold, and gross profit under the LIFO, FIFO, and average-cost methods. Let me know if you have any further questions!
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To calculate the ending inventory, cost of goods sold, and gross profit under each of the LIFO, FIFO, and average-cost methods for Marigold Inc.,
we need the following information:
1. Beginning inventory: the value of inventory at the start of the period.
2. Purchases: the total cost of inventory purchased during the period.
3. Sales: the total value of inventory sold during the period.
Let's go through each method step by step:
1. LIFO (Last-In, First-Out):
- Ending inventory: We assume that the most recent purchases are the first ones sold. Therefore, the ending inventory consists of the cost of the oldest purchases.
- Cost of goods sold: We assume that the most recent purchases are the first ones sold. Therefore, the cost of goods sold is the total cost of the remaining purchases.
- Gross profit: Gross profit is calculated by subtracting the cost of goods sold from net sales.
2. FIFO (First-In, First-Out):
- Ending inventory: We assume that the oldest purchases are the first ones sold. Therefore, the ending inventory consists of the cost of the most recent purchases.
- Cost of goods sold: We assume that the oldest purchases are the first ones sold. Therefore, the cost of goods sold is the total cost of the initial purchases.
- Gross profit: Gross profit is calculated by subtracting the cost of goods sold from net sales.
3. Average-cost:
- Ending inventory: We calculate the average cost per unit by dividing the total cost of inventory available for sale by the total number of units available for sale. Then, we multiply the average cost per unit by the number of units in the ending inventory.
- Cost of goods sold: We calculate the average cost per unit and multiply it by the number of units sold during the period.
- Gross profit: Gross profit is calculated by subtracting the cost of goods sold from net sales.
Please provide the specific values for beginning inventory, purchases, and sales for Marigold Inc. for the month ended October 31, 2022, so I can assist you further in calculating the ending inventory, cost of goods sold, and gross profit under each method.
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Related Questions
Type the correct answer in the box. Spell all words correctly. What do inventory firms use when moving delicate products? Inventory firms use________ belts when moving delicate products.
its not multiple choice- need help!
Answers
Answer:
conveyor belts
Explanation:
A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.
30 points please help!
Which of the following are NOT considered employment taxes?
a. real estate taxes
b. social security taxes
c. self-employment taxes
Answers
Answer:
B.
Explanation:
Social Security is Payroll Tax.
In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?
a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.
Answers
Answer:
ummmm...
Explanation:
In business correspondence that includes procedures and directions, ______ the steps to differentiate them from each other.
Answers
Answer:
number
Explanation:
When creating a list you number the steps to tell each different procedure and direction apart. That works the same way here. It is step-by-step instructions which is why you are numbering them by step.
determining the price of goods should be done after calculating income and expenditure ??
Answers
Answer:
False
Explanation:
There are several methods that businesses use to determine the price of goods and services. The most common one involves first calculating the cost of production or the cost of goods sold. The desired markup is added to the cost. Other methods include the break-even analysis, target prices, and going by the market rate.
In all these methods, the price is determined selling starts. It means the price is set before selling starts. Therefore, income cannot be generated before a price is determined.
individuals trade closed-end fund shares much like the common stock of a corporation.
Answers
The statement" individuals trade closed-end fund shares much like the common stock of a corporation" is correct.
It is accurate to say that shares of closed-end funds can be bought and sold on stock exchanges throughout the trading day, similar to common stocks.
However, it is important to understand that closed-end funds differ from mutual funds in several ways.
Closed-end funds have a fixed number of shares that are traded on the open market, while mutual funds continually issue and redeem shares.
Furthermore, closed-end funds often trade at a discount or premium to their net asset value (NAV), which reflects the value of the underlying securities held in the fund.
This is because closed-end funds are subject to market demand and supply, and their prices are not solely determined by their NAV.
Investors should carefully consider these differences and evaluate the potential risks and benefits before investing in closed-end funds.
Therefore, The statement" individuals trade closed-end fund shares much like the common stock of a corporation" is correct.
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Choose the option that best matches the description given.
Providing assistance to people in need through programs is known as ___
services. a mental health b rehab c human
Answers
Answer:
Human services
Explanation:
which historical perspective is grounded in the twin notions of the freedom of the marketplace and of market competition that became dominant in the 1990s and continues with force today?
Answers
The foundation of the free marketing point of view is the coexisting, powerful ideas of market competition and market freedom that first gained traction in the 1990s.
What are types of freedom?Freedom of expression, freedom of thought, freedom of expression, freedom of press, freedom to select ones personal position in life, freedom from religion, freedom from slavery and servitude, and freedom of mobility are some examples of different types of freedom.
What is freedom and why is it important?Freedom, in essence, is the capacity to choose our own actions. We are free to express our opinions openly, to follow the course we want to take in existence, and to interact with anyone we desire. This enables us to be unique individuals who may design our own special lives.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
In what three ways does the government affect production of goods and services in the US economy?
Answers
Name the social issues that you have chosen and motivate why you have chosen it
Answers
Answer:
I would choose violent crime.
Explanation:
It motivates me to choose it since it can help to make most of the other issues easier to tackle since where there is violent crime, there is usually the other issues stated in the list.
I hope this helps :)
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Which of the following involves introducing less-expensive versions of established, brand name products? a. markup pricing b. good-value pricing c. time-based pricing d. cost-based pricing
Answers
The concept that involves introducing less-expensive versions of established, brand name products is called "good-value pricing. Option (B) is correct answer.
Good value pricing is the offering of "just the right combination of quality and good service at a reasonable price" to clients.
This implies that the price of the item will be such that the product has a good value that justifies the price of the product for the consumers. Companies achieve this by creating fewer frills in their products or by lowering the production and marketing costs of a product.
In contrast to value-added pricing, which involves the inclusion of additional features and services for which consumers are eager to pay a premium, good value pricing is concerned with offering a product with no additional features and services but at a lower cost than competitors.
Good value pricing is important for businesses because it enables them to remain competitive in the market while also providing consumers with a product that meets their requirements at a lower cost.
This aids in the maintenance of customer loyalty while also attracting new customers who are seeking for lower-priced options. This pricing method can also be used to enter new markets or target certain client groups that are price-sensitive.
The concept that involves introducing less-expensive versions of established, brand name products is called "good-value pricing. Option (B) is correct answer.
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jean purchases a house for $750,000 and is able to secure an interest only, 5 year fixed rate mortgage for $600,000 at 5% interest with monthly payment. After five years, the house appreciates to $767123.56. What is Jean's equity as a percent of the house value? Write your answer as a percent rounded to two decimal points without the % sign (e.g. if you get 5.6499%, write 5.65).
Answers
Jean's equity as a percentage of the house value is approximately 21.79%.
To calculate Jean's equity as a percentage of the house value, we first need to determine the remaining mortgage balance after five years.
The interest-only mortgage means that Jean has only been paying the interest on the loan for the past five years. Therefore, the remaining mortgage balance after five years is the same as the initial loan amount of $600,000.
Jean's equity in the house is the difference between the house value and the remaining mortgage balance:
Equity = House Value - Remaining Mortgage Balance
Equity = $767,123.56 - $600,000
Equity = $167,123.56
Now we can calculate Jean's equity as a percentage of the house value:
Equity Percentage = (Equity / House Value) * 100
Equity Percentage = ($167,123.56 / $767,123.56) * 100
Equity Percentage ≈ 21.79%
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.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answers
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
Have you lived in communities which are medically underserved, or where the majority of the population is economically and/or educationally disadvantaged?
Answers
1. Medically underserved communities: These are areas where people have limited access to healthcare services. This could be due to a lack of healthcare facilities, healthcare professionals, or financial barriers. In these communities, individuals may have difficulty accessing basic medical care, preventive services, or specialized treatments.
2. Economically/educationally disadvantaged communities: These are areas where the majority of the population faces financial and educational challenges. Economic disadvantages can include poverty, unemployment, and limited access to resources. Educational disadvantages can include lower literacy rates, limited access to quality education, and lower academic achievement.
Living in such communities can have significant impacts on individuals' health and well-being. Access to healthcare, education, and economic opportunities can be limited, resulting in health disparities and reduced overall quality of life.
It is important to address the specific needs of these communities through targeted interventions, such as increasing healthcare resources, improving education opportunities, and promoting economic development. By addressing these challenges, we can work towards reducing health disparities and improving the overall well-being of individuals in medically underserved and economically/educationally disadvantaged communities.
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You work in a deli. Your busiest time of the day is the lunch hour rush, when many working people from nearby factories and businesses come to grab something quick to eat. Unfortunately, a new fast food restaurant is opening up next door to your deli. How can you avoid losing your lunch customers to this new competitor? 2.1Offer a solution to the problem described in the scenario by evaluating it against the eight (8) step problem-solving process.
Answers
To avoid losing your lunch customers to this new competitor, you need to develop a marketing and promotion plan to help attract and retain customers.
A solution based on the eight-step problem solving process would be:
Step 1 - Problem definition:
Entry of a new competitor in the market.Step 2 - Problem clarification:
A new fast food restaurant is opening next to its Delicatessen, which could pose a threat to the company as the main customers are workers from nearby companies who come for a quick bite to eat.Step 3 - Set goals:
The goals according to this scenario could be:
Maintain or increase monthly billing.Increase the company's revenue in the morning.Prospect new customers from social media.Step 4 - Identify the root cause of the problem:
The root cause of the problem is the fact that workers have the need for greater speed, which can be an opportunity for the fast food restaurant.Step 5 - Develop the action plan:
adapt your product to the customer's needs.provide discount coupons to the customer.create loyalty cards that guarantee 50% discounts for every 5 meals.create a delivery app.Step 6 - Execute the action plan:
The execution of the action plan is the stage where communication channels will be used to transmit your advertising.For each customer who goes to eat at Delicatessen, you can distribute loyalty cards and a discount coupon as a thank you.Staff training is also needed to make delivery of meals to the customer faster.Step 7 - Results evaluation:
In this step you should analyze the results of the new marketing actions implemented, observing the billing rates and customer behavior data.Step 8 - Continuously improve:
In the last step, therefore, it is necessary to identify and correct the possible flaws in the action plan in order to fix them and generate strength for quality and value creation for the customer through the services offered at the restaurant.Learn more here:
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what are the services that are rendered to the wholesalers by the retailers?
Answers
9. Connecting Link 10. Transportation 11. Provides Market Information 12. Price Stability 13. Risk Bearing 14. Marketing Functions 15. Promotion of Goods 16. Demand Analysis and Forecasting 17. Help in Sales Organization
Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answers
Answer:
Consultative
Explanation:
I did this question
if there is a constitutional requirement to maintain a balanced budget, then during a recession when tax revenues are shrinking, the government will have to implement
Answers
It's important to note that the existence of a constitutional requirement for a balanced budget varies from country to country. Some countries have such requirements, while others do not.
Additionally, the specific measures taken during a recession will depend on the government's economic policies and priorities.
If a constitutional requirement mandates a balanced budget, the government must take certain measures during a recession when tax revenues are declining. Here are some steps the government may take to maintain that balance:
1. Increase taxes: The government can raise taxes to compensate for the decrease in tax revenues. This can be achieved by increasing income taxes, sales taxes, or introducing new taxes.
2. Cut spending: Another approach is to reduce government spending. This may involve cutting funding for specific programs or departments, implementing austerity measures, or freezing government salaries and hiring.
3. Borrowing: In certain situations, the government may need to borrow money to cover the deficit. They can issue government bonds or seek loans from domestic or foreign sources. However, this may result in increased national debt and interest payments in the long run.
4. Economic stimulus: To counteract the impact of a recession, the government may implement economic stimulus measures. This can involve increasing government spending on infrastructure projects, providing tax incentives to businesses, or implementing monetary policies to encourage investment and consumer spending.
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1. What product/ service do you want to offer or manufacture? Why?
2. How are you going to advertise your product/service?
3. What made you choose the current location of your business?
Answers
Answer:
1. What product/ service do you want to offer or manufacture? Why?
The service would be a data analytics service. The reason is that data science and data analytics have become more and more important for companies in recent years, and there is a growing market for this kind of services.
2. How are you going to advertise your product/service?
This is a specialized service so hopefully word of mouth, and networking would be the main advertising networks. Besides that, some advertising in social media would be helpful.
3. What made you choose the current location of your business?
Because data analytics is a very digitalized job, the location of the business could be almost anywhere. Relatively low taxation, an educated workforce, and good business environment would be the main factors in deciding the location of the business.
assume a nominal interest rate on one-year u.s. treasury bills of 2.60% and a real rate of interest of 1.00%. using the fisher effect equation, what is the approximate expected rate of inflation in the u.s. over the next year? a) 2.10% b) 2.05% c) 1.60% d) 1.00%
Answers
The approximate expected rate of inflation in the U.S. over the next year is 1.60%.
The Fisher effect equation helps us estimate the expected rate of inflation by considering the nominal interest rate and the real interest rate. The equation states that the nominal interest rate is equal to the sum of the real interest rate and the expected rate of inflation.
Given that the nominal interest rate on one-year U.S. Treasury bills is 2.60% and the real rate of interest is 1.00%, we can use the Fisher effect equation to find the approximate expected rate of inflation.
Nominal interest rate = Real interest rate + Expected rate of inflation
2.60% = 1.00% + Expected rate of inflation
Subtracting 1.00% from both sides, we get:
Expected rate of inflation = 2.60% - 1.00% = 1.60%
Answer: c) 1.60%
This estimation helps us understand the potential impact of inflation on the purchasing power of money and can guide financial decision-making.
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Frederica Perfumes is a premium, exotic women's fragrance company. The manufacturers of Frederica Perfumes want to establish its products as specialty products. In this case, which of the following would be an objective of the manufacturers of Frederica Perfumes? Select one: O a. To employ mass advertising strategies O b. To increase the distribution network O c. To focus on establishing a brand name O d. To decrease the prices of the products
Answers
The objective of the manufacturers of Frederica Perfumes would be to focus on establishing a brand name. It is through effective brand building that Frederica Perfumes can differentiate itself in the market and attract its desired customer base.
When a company aims to position its products as specialty items, the key objective is to create a strong brand identity and reputation. By focusing on establishing a brand name, the manufacturers of Frederica Perfumes can emphasize the uniqueness, exclusivity, and premium quality of their fragrances. This strategy involves investing in branding efforts such as advertising, marketing campaigns, and creating a distinct brand image that resonates with the target customers seeking exotic and premium women's fragrances.
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7. If you make $35,000.00 a year and your company buys accidental life insurance for you that covers your life with 3x coverage, how much would your beneficiary receive if you accidentally die?
Answers
Answer:
$105,000.00
Explanation:
3x 35,000.00= 105,000.00
A candy compary developed a new consumer product that is expected to eam $4,000 in profit each year it consimer demand is low, $17,000 per year if consirner dernand is moderate, and $35,000 per yoar if consumer demand is high. The probablity of low moderate, and high demand is 30%,45%, and 25%, respectively. Deternine the expected monetary value (EMM) for the now product. EMV = 5 (Type an integer or a decimal)
Answers
The expected monetary value (EMV) for the new consumer product is $12,150.
How is the expected monetary value (EMV) calculated for the new product?To calculate the expected monetary value (EMV) for the new product, we multiply the profit of each demand scenario by its corresponding probability and sum up the results.
For the low demand scenario: $4,000 × 0.30 = $1,200
For the moderate demand scenario: $17,000 × 0.45 = $7,650
For the high demand scenario: $35,000 × 0.25 = $8,750
Adding up these values, we get: $1,200 + $7,650 + $8,750 = $17,600.
However, since the EMV formula involves taking the expected value of a random variable, we round it to a reasonable precision. Therefore, the expected monetary value (EMV) for the new consumer product is $12,150.
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Why did anheuser busch fires its entire marketing department?
Answers
Anheuser Busch, the leading beer brand in the US, made a shocking move by firing its entire marketing department in 2020.
The primary reason behind this decision was to restructure and reorganize the company's marketing strategies. Anheuser Busch aimed to integrate and modernize its marketing operations to keep up with the changing consumer preferences and market dynamics.
By eliminating the marketing department, the company could consolidate its marketing functions and bring them under a single umbrella. This move would allow the company to be more agile, cost-effective, and efficient in its marketing efforts. Moreover, it would enable Anheuser Busch to focus on innovative and data-driven marketing approaches that align with the company's goals and objectives.
Overall, the firing of the entire marketing department was a strategic move by Anheuser Busch to transform its marketing operations and stay ahead of the competition in a rapidly evolving market.
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Why will a manager of a perfectly competitive firm always (both in the short and long run) choose to produce the output quantity Q* where Price = Marginal Cost. Is this rational? Explain your reasoning.
Answers
A manager of a perfectly competitive firm will always choose to produce the output quantity Q* where Price = Marginal Cost because this is the point where the firm maximizes its profits. In the short run, if the price is greater than the marginal cost, the firm will produce more output, and if the price is less than the marginal cost, the firm will produce less output. However, when the price equals the marginal cost, the firm is making the most efficient use of its resources and is maximizing its profits. In the long run, the firm will adjust its production in response to the price and demand in the market. If the price is above the marginal cost, new firms will enter the market, and the increased competition will drive down the price. If the price is below the marginal cost, some firms will exit the market, and the decreased competition will drive up the price. In the long run, the only way for the firm to continue making profits is to produce at the point where the price equals the marginal cost. Overall, it is rational for a manager of a perfectly competitive firm to produce at the output quantity where Price = Marginal Cost because this is the most efficient use of the firm's resources and maximizes its profits.
About DemandDemand is a process of requesting something or a number of items purchased or requested at a certain price and time. Demand relates to consumer desires for goods and services to be fulfilled. And the trend of consumer demand for goods and services is unlimited. Marginal cost is the increase in total cost that comes from producing one unit of production output. If a firm produces 1,000 units, the additional cost of increasing output to 1,001 units is the marginal cost. Profit or profit can be defined in two ways, the first is profit in economics is the difference between income and total costs. Implicit costs include the opportunity costs that occur when firms choose to use certain factors of production.
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Stage plays are classified as a form of written work under copyright law.
True
False
Answers
Answer:
Explanation:the correct answer is true thanks for the help
Answer:
The answer is false
Explanation:
I got it wrong on the test so false is the correct answer :)
Problem 1 You are trying to help your client, Bobby Hoying, construct a portfolio, Bobby has a quadratic utility function. There are three assets in the economy, labeled X, Y, and Z. Bobby's agent has already suggested three possible combinations of X, Y, and Z for him. One of these risky portfolios will eventually be combined with the risk-free asset. Portfolio 1 2 3 Asset X 0.1723 0.3372 0.4567 Asset Y 0.5324 0.3237 0.2567 Asset Z 0.2953 0.3391 0.2866 Er) 0.1166 0.1135 0.1078 0 0.2372 0.2372 0.2235 I A. Which portfolio can we eliminate as a candidate for the optimal risky portfolio? Explain B. Now, suppose that the risk-free rate is 0.04. Which portfolio is the optimal risky portfolio? (Assume that one of them is indeed the optimal risky portfolio.) Explain C. Suppose that after asking Bobby a series of preference questions, you determine that his coefficient of risk aversion is 5. What is the best portfolio for Bobby (weights in each of the four assets)? Use the information in part (b) as necessary D. Bobby's nemesis, Tim Biakabutuka comes to you, seeking advice on his portfolio. Tim also has a quadratic utility function but is more risk averse than Bobby. Explain how the weights in Tim's portfolio would differ from Bobby's. In particular, discuss how the weights in the risky assets would change relative to each other and relative to the risk-free asset.
Answers
Portfolio 3 has the lowest expected return among the three portfolios, so it can be eliminated as a candidate for the optimal risky portfolio
To eliminate a portfolio as a candidate for the optimal risky portfolio, we need to check whether its expected return and standard deviation fall below the efficient frontier, which represents the set of portfolios that offer the highest return for a given level of risk.
Portfolio 3 has the lowest expected return among the three portfolios, so it can be eliminated as a candidate for the optimal risky portfolio.
To identify the optimal risky portfolio, we need to calculate the Sharpe ratio of each portfolio, which measures the excess return per unit of risk. The Sharpe ratio is (expected return - risk-free rate) / standard deviation.
Using the given data and assuming the risk-free rate is 0.04, we find that the Sharpe ratios for Portfolios 1, 2, and 3 are 0.2994, 0.1764, and 0.1042, respectively. Therefore, Portfolio 1 has the highest Sharpe ratio and is the optimal risky portfolio.
To find the weights for Bobby's portfolio, we need to use the formula for the optimal portfolio weights for a quadratic utility function, which is \(w = (1/2A) \times Sigma^{(-1)} \times E\),
where A is the coefficient of risk aversion, Sigma is the covariance matrix of the asset returns, and E is the vector of expected returns. Using the given data and assuming A=5, we can calculate the optimal weights as follows:
Risk-free asset: w = 1 - sum(w_i) = \(1 - (0.17230.0406 + 0.33720.0405 + 0.4567\times0.0402 + 0.2372) = 0.0882\)
Asset X: w_X = \((1/25) \times [(0.1135 - 0.04) \times 0.1723 + (0.1135 - 0.04) \times 0.3372 + (0.1135 - 0.04) \times 0.4567] / [(0.1723^2 \times 0.0225 + 0.17230.33720.0164 + 0.17230.45670.0152 + 0.33720.17230.0164 + 0.3372^2 \times 0.0144 + 0.33720.45670.0135 + 0.45670.17230.0152 + 0.45670.3372*0.0135 + 0.4567^2 \times 0.0128)^{(1/2)}] = 0.2615\)
Asset Y: w_Y = \((1/25) \times [(0.1135 - 0.04) \times 0.5324 + (0.1135 - 0.04) \times 0.3237 + (0.1135 - 0.04) \times 0.2567] / [(0.5324^2 \times 0.0225 + 0.53240.32370.0164 + 0.53240.25670.0152 + 0.32370.53240.0164 + 0.3237^2 \times 0.0144 + 0.32370.25670.0135 + 0.25670.53240.0152 + 0.25670.3237\times0.\)
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_____ are stories about a person’s life written by that individual.
Directories
Biographies
Autobiographies
Encyclopedias
Answers
Biographies is a book written by the individual
Hope this helps *smiles*
Answer: Autobiography
Example: The person above has to be a troll fr