Exhibit 25 -Refer to Exhibit 25

question 99

Multiple Choice

Exhibit 25.4
Use the Information Below for the Following Problem(S)
The data presented below has been collected at this point in time.
$$\begin{array} { l l c c c } \text { Fund } & \text { Beta } & \text { Deviation(4) } & \text { Return(4) } & \text { Re (46) } \\\hline \text { AAA } & 1.05 & 4.98 & 16 & 6 \\\mathrm { BBB } & 1.00 & 4.04 & 15 & 6 \\\text { CCC } & 0.92 & 3.13 & 11 & 6 \\\text { Market } & 1.00 & 375 & 13 & 6\end{array}$$
-Refer to Exhibit 25.4.Compute the Sharpe Measure for the AAA fund.

• A) 2.01
• B) 2.74
• C) 2.91
• D) 5.43
• E) 1.72

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Definitions:

Activity Cost Pools

Aggregations of all the overhead costs associated with specific activities, used in activity-based costing.

Customer Margin

The profit generated from a particular customer, calculated by subtracting the costs associated with serving that customer from the revenue they generate.

Serving Customers

The activities involved in providing products or services to customers effectively.

Activity Cost Pools

Accumulations of costs grouped by similar or related activities, used in activity-based costing to allocate costs more accurately.