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You are invested in two hedge funds. The probability that hedge fund Alpha generates positive returns in any given year is 60%. The probability that hedge fund Omega generates positive returns in any given year is 70%. Assume the returns are independent. What is the probability that both funds generate positive returns in a given year? What is the probability that both funds lose money?
mr. jones worked 46 hours during this payweek. he is paid time-and-a-half for hours over 40 and his pay rate is
crow co. purchased some of the machinery of hare inc. a bankrupt competitor at a liquidation sale for a total cost of
In the United States, about one in every four companies uses variable costing for internal reporting purposes. These companies must make adjustments to these reports for external-reporting purposes. Explain.
cohen company issued a 10 note receivable for 20000 on august 1 2010. the note has a maturity date of july 31 2013. how
if the margin of safety for a firm is 50000 and its sales for the year 2012 was 175000a what was the firms break even
newcar.com inc. an innovative internet-based automobile retailer based in ghana is beginning to seek customers in the
securities held by an investment trust fund and carried on the books at 100000 are sold for 110000. on receiving the
in the month of june angelas beauty salon gave 3500 haircuts shampoos and permanents at an average price of 30. during
Wisconsin Corporation was organized at the beginning of the year with the investment of $400,000 in cash by its stockholders. The company immediately purchased a manufacturing facil- ity for $300,000, paying $150,000 in cash and signing a five-yea..
soda company is the largest bottler in western europe. the company purchases brand 1 and brand 2 concentrate from the
Distinguish between a defined benefit pension plan and a defined contribution pension plan.
a currency is currently worth 0.80. over each of the next 2 months it is expected to increase or decrease in value by
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