Assume an investor deposits $113,433 in a professionally managed account. One year later, the account has grown in value to $138,407 and the investor withdraws $29,667. At the end of the second year, the account value is $86,490. No other additions or withdrawals were made. Calculate the time-weighted return of portfolio during years 1 and 2. Round the answer to two decimals in percentage form. Please write % sign in the units box.
Answers
To calculate the time-weighted return of a portfolio during years 1 and 2, we can use the following formula:
Time-Weighted Return = [(Ending Value - Withdrawals) / (Beginning Value)]^(1 / Number of Years) - 1
Given the information provided:
Beginning Value (Year 1) = $113,433
Ending Value (Year 1) = $138,407
Withdrawals = $29,667
Number of Years = 2
First, let's calculate the return for Year 1:
Return (Year 1) = [(Ending Value (Year 1) - Withdrawals) / (Beginning Value)]^(1 / 1) - 1
Return (Year 1) = [($138,407 - $29,667) / $113,433]^(1 / 1) - 1
Return (Year 1) = $108,740 / $113,433 - 1
Return (Year 1) = 0.0392 or 3.92%
Next, let's calculate the return for Year 2:
Beginning Value (Year 2) = Ending Value (Year 1) - Withdrawals = $138,407 - $29,667 = $108,740
Ending Value (Year 2) = $86,490
Return (Year 2) = [(Ending Value (Year 2) - 0) / (Beginning Value (Year 2))]^(1 / 1) - 1
Return (Year 2) = ($86,490 / $108,740)^(1 / 1) - 1
Return (Year 2) = 0.7953 or 79.53%
Finally, let's calculate the time-weighted return for years 1 and 2:
Time-Weighted Return = [(1 + Return (Year 1)) * (1 + Return (Year 2))] - 1
Time-Weighted Return = [(1 + 0.0392) * (1 + 0.7953)] - 1
Time-Weighted Return = 1.8587 or 185.87%
Therefore, the time-weighted return of the portfolio during years 1 and 2 is 185.87%.
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Related Questions
Which of the following are used for operating expenses?
Intermediate-term loans Operating-term loans
Long-term loans
Short-term loans
Answers
Answer:
i think po is operating-term loans
Answer:
Short term loans are used for operating expenses
which step of business process management allows managers to create a continually improving process?a. Step 3: process executionb. Step1: process designc. Step 5: proses optimizationd. Stepp 4: process monitoring
Answers
Step 5: process optimization is the step of business process management that allows managers to create a continually improving process. Option C is correct.
This step involves analyzing data from the process and identifying opportunities for improvement. Once opportunities are identified, changes are made to the process, and then the process is tested to see if the changes have had the desired effect.
The process is then monitored to ensure that the changes are sustainable and that the process continues to perform well over time. By continually optimizing the process, managers can ensure that their organization is operating efficiently and effectively.
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Which resource is focused on preparing students for careers and technical work as well as for community leadership?
O BLS
O O*NET
O CTSO
O SBA
Answers
Answer:
The Answer would in-fact be C. O CTSO
Explanation:
O O*NET and O BLS are both companies whom have websites for finding you career of choice. They don't help you along with these careers after the fact though. The O SBA is a website to themselves with career improvements being not as big of a prioritized helper.
Hope this helps...
Answer:
The Answer would in-fact be C. O CTSO
Explanation:
Suppose General Electric payed its line workers $12 per hour
Answers
The relevant answers with regard to real wages are as follows:
A) $10.08
B) 10.89
C) 19.05. See explanation below.
What is the computation justifying the above results?[A]
Recall that Real Wages are computed as follows;
Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year
12 = (N/84) x 100
= 10.08
[B]
The formula for real wage still stands:
Hence,
12 x 1.08 = (N/84) x 100
= 10.89
One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.
[C]
It is to be noted that the real wage is pegged at $12 which is same from the prior year.
Hence, percentage increase = 0
But because $12 is Nominal in the incumbent year,
[(12 - 10.08)/10.08] x 100
= 92/10.08
= 19.05
What is real wages?Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.
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Full Question:
Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.
Learning is Fun company had current assets amounting to Php 100,000. Noncurrent assets for the year totaled Php 76,000. How much is the company's total assets?
Answers
Non current assets = 76,000
Total assets = current + non current
Total assets = 100,000 + 76,000
Total assets = 176,000
The company's total assets are Php 176,000
How to calculate total assets?By adding current and non-current assets, we will get the company's total assets.
Given:
Current assets = 100,000
Non current assets = 76,000
By adding current and non-current assets:
Total assets = current + non current
Total assets = 100,000 + 76,000
Total assets = 176,000
Taking liabilities into account makes for the most accurate calculation of total assets. To determine total assets, you subtract the value of liabilities from the value of assets.
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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?
Answers
When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.
Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.
Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.
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which of the following is a responsebility of an HR manager.
a. making final decisions on whom to hire
b. providing employees with advice about compensation
c. making sure office politics leads to exclusive groups
d. stroking competition between employees over opportunities
Answers
The responsibility of an HR manager is Option B. providing employees with advice about compensation.
The HR manager is responsible for overseeing and managing employee-related tasks within the company. HR managers deal with employment contracts, compensation, employee relations, health benefits, and legal compliance with employment laws and regulations. The HR manager is responsible for developing, implementing, and managing employee policies, procedures, and programs.
The HR manager is responsible for managing employee relations, training, and development. HR managers must ensure that the company complies with all employment laws and regulations. They must maintain employee records and handle employee grievances and disputes. Employees need to be paid appropriately and HR managers are responsible for making sure this happens.
HR managers are responsible for keeping up-to-date with changes in employment law and compliance requirements. HR managers must ensure that employees receive the benefits they are entitled to. HR managers are responsible for developing employee incentive programs that help retain top talent and reduce turnover rates.
In conclusion, HR managers have a variety of responsibilities, including overseeing employee policies and procedures, managing employee relations, ensuring compliance with employment laws and regulations, and managing compensation and benefits. Providing employees with advice about compensation is a key responsibility of an HR manager. Therefore, the correct option is B.
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Is it necessary to allocate resources?
Answers
Answer:
It depends on the context.
Explanation:
In the example of a government allocating resources to the country then yes. They would set budgets/allocate certain amount of resources to ensure there is enough resources for each department.
This is similar to how we manage finances on a daily or monthly basis (?) e.g. our parents give us pocket money every day so we have a limited funding and do not overspend
We then decide what we want to spend our money (allocating resources) on so we can get what we want to buy or what we want to save
a large, expensive capital product, such as the corvette manufacturing plant in kentucky and cumberland mall, is called a(n):
Answers
A large, expensive capital product or good, such as the corvette manufacturing plant in Kentucky and Cumberland mall, is called an installation. Thus, the correct answer is installation.
What is a capital product?Capital goods or capital products are physical assets that a company uses in the manufacturing process to create products and services that consumers will use later. Buildings, machinery, and equipment, are examples of capital goods. Capital goods are not finished goods; rather, they are used in the production of finished goods.
Installation is a large piece of equipment installed for use. The large and expensive capital product such as the corvette manufacturing plant will be called an installation.
Therefore, the capital product corvette manufacturing plant in Kentucky and Cumberland mall is called an installation.
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The government has the most influence over the production of goods and services in which economic system
Answers
Answer:
It’s command my good sir
Explanation:
Apex told me so
Answer:
Command
Explanation:
Apx
The steady growth line best supports which conclusion about the economy
represented in the graph?
The Business Cycle
Production output
h w
Time
A The economy never experiences significant periods of contraction
.
B. The economy does not display consistent patterns in its business
cycles
C. The economy improves steadily over several business cycleding
D. The economy has pronounced troughs but no clear peaks.
Answers
Answer is the letter C
The steady growth line indicates that the economy improves steadily over several business cycles.
Business cycle refers to the period whereby there is growth and decline in the economy of a nation and this can be measured through the gross domestic product of such economy.The four stages in the business cycle are the expansion, the peak period, the contraction period and the trough period. In the expansion period, there a relatively rapid growth.Based on the graph given, the steady growth lines shows that there was a steady improvement in the economy improves over the business cycles.In conclusion, the correct option is C.
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A local school has been destroyed by fire. nothing has been salvaged and the school will have to completely rebuilt. what are the three methods of determining the cost of rebuilding?
Answers
A local school has been destroyed by fire. nothing has been salvaged and the school will have to be completely rebuilt. the three methods of determining the cost of rebuilding are
Square Foot Cost Unit in Place and Quantity Survey MethodThis is further explained below.
What is cost?Generally, A cost is the worth of the money that has been spent in the process of producing something or delivering a service, and as a result, it is no longer accessible for use.
This concept is utilized in manufacturing, research, retail, and accounting.
In conclusion, A local school has been destroyed by fire. nothing has been salvaged and the school will have to be completely rebuilt. the three methods of determining the cost of rebuilding are
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Owen is offered a contract to join a professional basketball team. He accepts their offer. What is TRUE about this acceptance?
A. Owen has offered his new team a consideration.
B. Owen has given his team power of attorney
C. Owen has now agreed to a living will,
D.Owen has participated in the concurrence of wills.
Answers
The truth about the acceptance of this scholarship from Owen is that Owen has participated in the concurrence of wills.
What is the concurrence of wills?
When we use this term, what is being said is that both parties involved in the contract have the same will or agreement.
This can be said that Owen and the team have the same will by getting to the same agreement.
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Why is it important for a human resource manager to carefully maintain
employee records?
Answers
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
Which of these can occur due to soil erosion?
1) Pollute Water Bodies
2)Rain Mud
3)Create Acid Rain
4)Pollute Air
Answers
Soil erosion can pollute the water bodies.The effects of soil erosion are greater than the loss of fertile soil.
What is Soil Erosion?
Soil erosion is the denudation of the top layer of soil. It is a form of soil erosion. This process is the result of the dynamic activity of living things, namely, water, ice, ice, wind, plants, and animals.
It has led to an increase in pollution and soil pollution in rivers and streams, closing these waterways and causing depletion of fish and other species.
Thus, Option 1 is the correct statement.
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Why is network business is risky?
Answers
Answer:
because small business have compitator
2. Describe what a supply curve looks like.
Answers
A supply curve is a graphical representation of the relationship between the quantity of a good or service that producers are willing to sell and the price of that good or service. The curve is typically upward-sloping, meaning that as the price of the good or service increases, the quantity supplied by producers also increases.
How does the supply curve shift?Supply curve shift: Modifications in manufacturing costs and related variables might result in a whole supply curve moving to the right or left. This results in the supply of a higher or lower quantity at a specific price. The ceteris paribus premise states that supply curves link prices and quantities delivered under the premise that nothing else changes.
The curve is typically drawn on a graph with price on the vertical axis and quantity on the horizontal axis. The specific shape of the curve can vary depending on the characteristics of the market and the nature of the good or service being sold. In some cases, the curve may be relatively flat or steep, indicating a more or less elastic supply, respectively.
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a(n) ____ sells fund shares, either directly to the public or through certain authorized dealers
Answers
A(n) distributor sells fund shares, either directly to the public or through certain authorized dealers
A distributor is a financial intermediary that sells fund shares, which are units of ownership in a mutual fund or exchange-traded fund (ETF). Distributors may sell the shares directly to the public through their own sales channels, or they may work with authorized dealers, such as financial advisers or broker-dealers, to sell the shares to investors. Distributors play a key role in the mutual fund and ETF industry by connecting fund managers with investors and helping to raise capital for the funds.
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why adding payment options in the stands can increase a fan’s satisfaction at a sports
event?
Answers
The results of a partial least squares structural equation modeling analysis imply that aspects of the stadium, club management, and the fan-based support for the club are the most important determinants of fan satisfaction.
- BRAINLIEST answerer
Answer: The costumer would find it better and easier, which means sport event will make more profit because the fans are satisfied.
Hope this helped!
Things that you value that are stored digitally, such as digital photographs or
gift card codes, are
O A. cryptocurrencies
O B. digital assets
O C. biometrics
O D. digital devices
Answers
Ik this cause I took the test
As of 2001, Enron was the largest corporate bankruptcy in U. S. history. That means it _____.
lost the largest amount of money
took the most time to settle
affected the most amount of people
involved the largest company
ANSWER:
-lost the largest amount of money
you're welcome and keep up the good "studying" everybody :))
Answers
As of 2001, Enron was the largest corporate bankruptcy in U. S. history. That means it : a. lost the largest amount of money.
What is Enron's bankruptcy?Enron's bankruptcy in 2001 was the largest in U.S. history at the time, with the company's assets totaling $63.4 billion and debts totaling $31.2 billion. The bankruptcy was the result of massive accounting fraud and corporate mismanagement, which led to the company's eventual collapse.
Enron's bankruptcy had far-reaching consequences, including the loss of jobs and retirement savings for many of its employees, and it led to increased scrutiny of corporate accounting practices and the regulation of financial markets.
Therefore the correct option is A.
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Select the word or phrase that accurately completes each sentence.
Pressing the Backspace key will delete the text on the .
Pressing the Delete key will delete the text on the .
Answers
Answer:
Pressing the backspace key will delete the text on the leftPressing the delete key will delete the text on the rightExplanation:
Which of the following are ways in which people can get an aptitude?
D born with it
buy it
O acquire it
borrow it
Answers
Answer:
born with it
Explanation:
hopefully it helps if not then I'm sorry
Answer:
Born with it & Acquire it
Explanation:
You can naturally be born with it or you can learn it. I got it right so gg to whoever needs this.
I will mark you as brainliest!!
What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answers
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
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Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.
1:) True
2:) False
Answers
I guess don’t be mad if I’m wrong
how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answers
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
An overall low cost position enables the firm to achieve above average returns despite strong competition.
It protects a firm against rivalry from competitors, because lower costs allow a firm to earn returns even if its competitors eroded their profits through intense rivalry.
Buyers can exert power to drive down prices only to the level of the next most efficient producer, because there are relatively few competitors that can provide a comparable cost/value proposition.
Because the cost advantage can be applied across all operations, a low-cost position puts the firm in a favorable position with respect to substitute products introduced by new and existing competitors.Improving Competitive Position:
An Overall Low Cost Position
Answers
An overall low cost position enables the firm to achieve above average returns despite strong competition, since It protects a firm against rivalry from competitors, because lower costs allow a firm to earn returns even if its competitors eroded their profits through intense rivalry.
What is overall low cost strategy?low cost strategy can be described as the pricing strategy wherebyb the company offers a relatively low price to stimulate demand and gain market share.
It should be noted that the Low-cost strategy will alwyas help the firm to sell its product/service using a lower price compared to its competitors and this can be seen as a result of the lower costs of producing products/service and due to this they uaually win a competitive advantage in the industry.
In conclusion, An overall low cost position usually help the firm to achieve above average returns in the presence of his strong competition and serves as a protector against rivalry from competitors.
Therefore, option A is correct.
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1. The corporate form of business organization is a legal entity that is separate and distinct from its owners. What are the benefits and costs of this feature of the corporation?
Answers
The separation of the corporate form of business organization from its owners brings several benefits, such as limited liability and perpetual existence. However, it also comes with certain costs, including complex legal formalities and potential agency problems.
Benefits:
1. Limited Liability: One of the key advantages of the corporate form is that it limits the liability of shareholders to the amount they have invested in the company. Their personal assets are protected, and they are not personally responsible for the debts and obligations of the corporation. This provides a level of financial security for shareholders.
2. Perpetual Existence: Corporations have perpetual existence, meaning they can continue to exist and operate even if shareholders change or pass away. This stability and continuity make corporations attractive for long-term business ventures, as they are not dependent on the lifespan or involvement of individual owners.
Costs:
1. Complex Legal Formalities: Forming and maintaining a corporation involves compliance with various legal formalities, such as filing articles of incorporation, holding regular shareholder meetings, and maintaining detailed financial records. These requirements can be time-consuming and costly, requiring legal assistance.
2. Agency Problems: Due to the separation of ownership and control, corporations may face agency problems. This occurs when managers (agents) make decisions that may not align with the best interests of shareholders. Shareholders must rely on mechanisms such as monitoring, governance structures, and accountability measures to mitigate these risks.
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which of the following is an example of a delusion
Answers
The belief that aliens are secretly controlling one's thoughts and actions.
What is an example of a delusion related to external control?A delusion refers to a fixed, false belief that is not influenced by logical reasoning or evidence. It is typically maintained despite contrary evidence or rational arguments.
One example of a delusion is the belief that aliens are secretly controlling one's thoughts and actions. This delusion is known as a delusion of external control.
In this delusion, individuals genuinely believe that extraterrestrial beings are manipulating their minds, making them think and act in certain ways.
They may feel helpless and convinced that their thoughts and behaviors are beyond their control, attributing them to the influence of aliens.
This belief is not based on factual evidence or logical reasoning but is a product of the individual's distorted perception of reality.
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Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answers
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39