Suppose You Own Two Stocks, a and B

question 69

Multiple Choice

Suppose you own two stocks, A and B.In year 1, stock A earns a 2% return and stock B earns a 9% return.In year 2, stock A earns an 18% return and stock B earns an 11% return.Which stock has the higher geometric average return?

• A)Stock A
• B)Stock B
• C)The two stocks have the same geometric average return.
• D)At least three periods are needed to calculate the geometric average return.

Recognize the impact of genetic inheritance on phenotypic patterns in populations.

Understand the principles behind genetic crosses and predict offspring ratios.

Identify patterns of inheritance in pedigree analysis.

Understand the legal requirements and consequences regarding security deposits in landlord-tenant relationships.

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Definitions:

Debits

Entries in accounting that increase an asset or expense account, or decrease equity, liability, or revenue accounts.

Credits

Accounting entries that represent an increase in liabilities or revenues, or a decrease in assets or expenses.

Adjusting Entries

Adjusting entries are journal entries made in an accounting period's end to allocate income and expenditures to the period in which they actually occurred.

Chart of Accounts

A structured list detailing a company's financial accounts, categorized to facilitate the organization and reporting of financial transactions.