Bulluck Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or Rate Direct m

Answer:

The answer to the question:

The United States Bureau of Labor Statistics (BLS) performs the Quarterly Census of Employment and Wages (QCEW) and provides extensive data for each county across America. For the third quarter of 2016, the QCEW shared the total taxable earnings, in millions, of all wage earners across 3222 counties in the U.S.[

contained in the attached document.

Explanation:

Answer:

e) $23.89

Explanation:

To find the present value of Canine Crates shares today, based on a return rate of 13%, we must first compute the annual value derived from dividends over three years as follows

D1= The yearly dividend x 2 ( Canine Crates intends to double the dividend each year for three years

D1= $0.45 x 2 = $0.9D2= $0.90 x 2 = $1.80

D3= $1.80 x 2 = $3.60

Subsequently, we calculate the stock’s value by summing the present values of each year's dividends.

This is founded on the following formula

= Dividend per year

r = required rate

n= period

Stock value = $0.9 / (1.13) + $1.80 / (1.13)∧2 + $3.60/ (1.13)∧3

Final stock valuation = $23.89

Answer:

(a) 0.75

(b) 0.2

(c) 0.6

Explanation:

(a) For the Sharpe ratio calculation -

Given:

Expected return = 20%,

Risk-free rate = 5%,

Volatility = 20%

Sharpe ratio = (Mean portfolio return - Risk-free return) ÷ Standard deviation of portfolio

Sharpe Ratio = (20% - 5%) ÷ 20%

= 0.75

(b) Given:

Standard deviation = 40%,

Portfolio return = 11%,

The risk-free return remains at 5%

Sharpe Ratio of eBay = (11% - 5%) ÷ 40%

Sharpe Ratio of eBay = 0.15

Correlation of eBay with Optima fund:

= Sharpe ratio of eBay ÷ Sharpe ratio of Optima fund

= 0.15 ÷ 0.75

= 0.2

(c) The correlation of the Sub-Optima fund with the Optima fund is 80%,

Sharpe ratio for the Optima = 0.75

Correlation of the Sub-Optima fund with the Optima fund:

= Sharpe ratio of Sub-Optima fund ÷ Sharpe ratio of Optima fund

0.80 = Sharpe ratio of Sub-Optima fund ÷ 0.75

Sharpe ratio of the Sub-Optima fund = 0.80 × 0.75

= 0.6